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A Dealership's Guide to Proactively Preventing Customer Lease Buybacks

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Dealers need to understand and calculate the cost of not communicating with their audience, especially as under normal circumstances, customers leasing are typically more brand loyal than purchasers. Today, not engaging your customers – especially as they approach the end of their lease – could mean losing them for good. As your customers reach the end of their lease, your number one goal needs to be retaining their business. For Perspective If a dealer typically sells 450 loyalty cars per year at an average $4,000 gross per vehicle, totaling $1.8 million in annual gross, a 10% hit to their loyalty rate will cost them $400,000 in gross revenue.

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