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The impact of the credit crunch on consumer car leasing and what 2010 holds

21 hours ago ago from extremeautoauctions.com

Since the credit crunch first bit in October 2008, two of the main industries hit have been banking and the motor industry. Imagine my delight in my role at the time, running Freeway cars for Lex (previously Bank of Scotland). A double whammy! Now Freeway had increased sales year on year and was a very popular way for someone to take out a new car (through a personal lease). The bank decided though that it's funds were best spent ...

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