News

April 15, 2019

Partner Tom Buiteweg comments for CORP! magazine on subscription models and the changing landscape of auto dealerships

In the March/April issue of CORP! magazine, Partner Tom Buiteweg was asked to comment on the changing landscape of auto dealerships and how they may adapt to new technologies. According to the CORP! interview, rather than abandoning dealerships, Tom sees a potential future where consumers will take advantage of dealer subscription services in which they will pay for the ability to have a vehicle brought to them when they need it.

"Some of the dealers we work with are starting to play in that space," notes Tom. "Others are looking to have systems with which dealers could sign up to offer various subscription models. . . What is likely to happen is that there will be more ways to offer vehicles for people."

Tom Buiteweg helps financial institutions, sales finance companies, motor vehicle dealers and manufacturers to establish and maintain motor vehicle and personal property financing and leasing programs. He assists fintechs and other companies to establish and maintain electronic financial services programs, including the regulation of virtual currency businesses, highly automated vehicles and smart contracts.

Click here to read the CORP! article.

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