strong> The Situation:
Uber is gearing up to upend the auto loan market.
Making big push into Trillion $ auto financing market
Endgame of Uber's auto market disruption is a world where you never own a car again.
The Significance
Uber has fleet discount deals with all the major manufacturers
Wants more Ubers on the road by any means necessary in newer cars.
Created Xchange Leasing last year as a wholly-owned Uber subsidiary.
Changing car ownership for drivers, with flexible options to allow access to a car to earn extra income
By the end of 2016, Uber expects 100,000 cars will have been provided globally
strong> Be an UberReader and go to CNBC site for more about auto funding
The Article You Will Never Own Another Car Again:Uber Trillions After $116B Auto Finance Market Including Leases & Loans to You and Drivers appeared first on Automotive Digest.