The Car and Truck Fleet and Leasing Management Magazine

Founder of Automotive Lease Guide Dies at 87

May 25, 2004

Jim Aiken, founder of Automotive Lease Guide and a pioneer in indirect leasing, died on March 2, 2004. He was 87. Aiken was the youngest person ever awarded a General Motors dealership.In 1964, Aiken formed Automotive Leasing Group, an indirect leasing business. He gave his dealers guidelines for residual values on mimeographed sheets, which later became known as the Automotive Lease Guide (ALG). Though he retired in 1977, Aiken helped to develop both residual value insurance and GMAC’s indirect leasing program.
Twitter Facebook Google+


Please note that comments may be moderated. 
Leave this field empty:

Fleet Incentives

Determine the actual cost of owning and running a vehicle in your fleet. Compare vehicles by class and model.


Fleet Tracking And Telematics

Todd Ewing from Verizon Connect will answer your questions and challenges

View All


Fleet Management And Leasing

Jack Firriolo from Merchants will answer your questions and challenges

View All


Fuel Management

Bernie Kanavagh from WEX will answer your questions and challenges

View All


Sponsored by

The California ARB oversees all air pollution control efforts in California to attain and maintain health-based air quality standards.

Read more

Up Next

More From The World's Largest Fleet Publisher