TITLE

Lenders keep losing on inflated residuals

AUTHOR(S)
Henry, Jim
PUB. DATE
August 2001
SOURCE
Automotive News;8/27/2001, Vol. 76 Issue 5945, p18
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports on the losses of banks from automobile off-lease residual values in the United States. Factors contributing to the banks' losses; Estimates on the number of off-lease automobile units returning to the market for 2001; Estimates on the average loss per unit.
ACCESSION #
5104350

 

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