Bank One goes with longer leases
Bank One President Ed Tinsley says that, in contrast to the leasing pullout wave that began last year, the Phoenix-based lender is staying in the field with longer-term leases of preferably 48 to 60 months. It has established a remarketing team for off-lease vehicles, promotes subprime financing and is helping its 5,000 to 6,000 dealer clients upgrade their web sites to speed F&I application processing.
June 1, 2001
![WardsAuto logo WardsAuto logo](https://eu-images.contentstack.com/v3/assets/blt7121b6ec5c11097b/blt45f10b537a75bb26/65d72d47647c28040affd46b/Generic_image_WA.png?width=1280&auto=webp&quality=95&format=jpg&disable=upscale)
Bank One President Ed Tinsley says that, in contrast to the leasing pullout wave that began last year, the Phoenix-based lender is staying in the field with longer-term leases of preferably 48 to 60 months.
It has established a remarketing team for off-lease vehicles, promotes subprime financing and is helping its 5,000 to 6,000 dealer clients upgrade their web sites to speed F&I application processing. Bank One exited the retail field last October in the Northeast and Northwest.
You May Also Like