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A Dealership's Guide to Proactively Preventing Customer Lease Buybacks

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Look for opportunities to consistently engage customers as they prepare to return to market. Focus on setting clear expectations, understanding their needs and building trust. Remember: Every message should build on the last and be delivered across relevant channels. Comprehensive data is key to this process, enabling dealers to confidently engage lease customers with relevant and personalized messaging appropriate to where they are in their purchasing journey. In 2021, dealer loyalty dropped 1.6% while manufacturer and brand loyalty each flipped just 0.2% during the same period. IHS Markit

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