Service Gives Auto Dealers the Ability to Advertise Lease Payments on Their Online Auction or Classified Ad Listings
NASHVILLE, TN - Automobile Consumer Services, Inc. (ACS), the leader in online auto leasing, announced at the National Independent Automobile Dealers Association’s (NIADA) annual convention in Nashville Tennessee, a new service that gives vehicle sellers who list their cars on eBay or other online classified sites the ability to quote competitive lease payments with the “Lease It Now”SM advertising banner button.
The service can also be adapted to dealers who already have their own lease sources. In this case, the information about the potential buyer is sent directly to the dealer who facilitates the lease on their own.
“Statistics show that of all new and used vehicles sold, more than 20% are leased rather than financed. Within the luxury segment, over 70% are leased,“ says Tarry Shebesta, President of ACS and a certified lease consultant. “Sellers who offer leasing as a finance option can increase the number of potential buyers.”
“According to Research and Markets, over $2.8 Billion will be spent on online automotive advertising in 2007. “Lease It Now”SM provides a cost effective way to offer competitive lease payments and gives the seller an advantage over other listings,” notes Shebesta.
Experts say new IRS rules are sparking a downward trend in refund amounts, threatening the loss of an annual catalyst for used-car sales.