Experian Automotive announced that more consumers are choosing to lease vehicles, bringing the share of new vehicles financed with a lease to its highest level since the company began publically reporting the data in 2006.
According to its latest State of the Automotive Finance Market report, Experian Automotive found that 28.4 percent of all new vehicles financed were leases in the fourth quarter, up from 24.8 percent the previous year.
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Showing posts with label sell car notes. Show all posts
Showing posts with label sell car notes. Show all posts
Wednesday, March 05, 2014
MO AG Sues Dealers for Missing Titles
AG Sues Dealers for Missing Titles
The Missouri Attorney General’s office filed seven civil lawsuits and two criminal cases against car dealers and financers in Springfield, St. Louis, Lee’s Summit, and Ozark, for failing to provide titles for sold vehicles as required by law.
Investigators from the attorney general’s office, following up on consumer complaints, identified a number of cases in which dealers failed to pay financing companies for cars sold to Missouri consumers. As a result, the financing companies refused to relinquish title to the vehicles, and the consumers were left having paid for cars they did not legally own and therefore could not legally register.
sellasutonotes.com
The Missouri Attorney General’s office filed seven civil lawsuits and two criminal cases against car dealers and financers in Springfield, St. Louis, Lee’s Summit, and Ozark, for failing to provide titles for sold vehicles as required by law.
Investigators from the attorney general’s office, following up on consumer complaints, identified a number of cases in which dealers failed to pay financing companies for cars sold to Missouri consumers. As a result, the financing companies refused to relinquish title to the vehicles, and the consumers were left having paid for cars they did not legally own and therefore could not legally register.
sellasutonotes.com
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