Fitch Seeing Auto Lease ABS Staying Stable

Fitch Ratings

- September 8, 2014

While Fitch Ratings expects to see used vehicle values to continue their decline as off-lease and fleet volumes rise, Fitch also expects that auto lease asset-backed securities (ABS) should remain stable. The company also believes that robust loss protection in auto lease ABS, which includes continued realization of residual gains, will help support stable ratings despite expected market pressure.



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