Finance Insurance

Off-lease vehicles present opportunity for Ally Financial

U.S. consumers have increasingly turned to used vehicles as affordability challenges mount on the new-vehicle side. Nearly two-thirds of car shoppers are now leaning toward a used vehicle, according to a recent Cox Automotive survey. (DAVID PHILLIPS)
April 24, 2019 04:02 PM

DETROIT — As the auto retail industry braces for the record wave of returning off-lease vehicles to crash ashore in 2019, executives at Ally Financial say the company is more than prepared for the flood.

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