A Changing Economy and the WFS Auto Loan
Consumers have demonstrated a waning interest in large, family-sized cars. The high cost of fuel has diminished the appeal of those cars. As a result, car dealers have decided to discontinue their practice of leasing selected vehicles. Now as a leasing term comes to an end, the man or woman who has been leasing a car has more reason to seek a WFS auto loan. Not every WFS auto loan helps a borrower to sit in a new or used car. By taking advantage of the end of lease financing offered by Wachovia, those who have been leasing a car can find a way to retain access to that car. In other words, the leaser of the car is provided with a way to purchase the car that he or she once leased. Wachovia has sought to entice more former leasers into its end of lease financing program. For that reason, Wachovia has created a number of what it calls the "end of term financing options." Like information on the WFS auto loan, information on the end of term financing options can be found online. Changes in the economy promise to usher in a marked decline in the number of leased cars. When that happens, more and more drivers will doubtless seek a way to purchase the car that they once leased.
