BEDFORD, TX (June 4, 2026) |
Fusion Auto Finance announced today that its CU Xpress Lease program achieved the strongest month in its history in April 2026, highlighted by a 115% year-over-year increase in booked leases compared to April 2025.
The momentum extends beyond a single month. From January through April 2026, CU Xpress Lease posted a 68% year-over-year increase in booked leases compared to the same period in 2025, reflecting growing demand for flexible vehicle financing options in today's challenging automotive market.
"This record-setting growth reflects both the strength of our credit union partnerships and the increasing value leasing provides in today's environment," said Robert O'Hara, Director of Credit Union Relations at GrooveCar, the sales and marketing division of Fusion Auto Finance. "Consumers are navigating higher vehicle prices, elevated interest rates, and growing negative equity challenges. Leasing continues to provide consumers with a practical path to affordability, payment flexibility, and financial reset opportunities."
Additional year-to-date portfolio metrics underscore the continued strength and quality of the CU Xpress Lease program:
- Average credit score: 782
- Average loan-to-value (LTV): 97%
- Average lease amount: $43,362
- Average lease term: 38 months
As negative equity levels continue to rise across the automotive industry, many consumers are turning to leasing as a strategic alternative to extended-term financing. Industry reports indicate that nearly one-third of trade-ins now carry negative equity, with balances often exceeding $7,000. Leasing can help consumers manage these challenges through lower monthly payments, shorter terms, and the opportunity to reset their equity position at lease maturity.
Fusion Auto Finance noted that the program's strong credit profile and disciplined underwriting standards continue to support sustainable growth while helping credit unions remain competitive in an evolving lending environment.
CU Xpress Lease helps credit unions grow indirect lending, strengthen member relationships, and deliver flexible vehicle financing options in today's automotive market. Its Full-Service model provides a comprehensive, end-to-end solution that delivers risk protection, operational relief, market access, and enhanced member experiences. CU Xpress Lease is also the only credit union auto leasing program that guarantees 100% of the residual value at lease-end, giving credit unions added clarity, confidence, and protection.
For more information about Fusion Auto Finance and CU Xpress Lease, click here.