Retail Finance and SmartLease®
Business customers face unpredictable challenges. We offer a variety of financing and leasing options with predictable costs to help them reach their goals – and to help you grow sales and increase customer retention.
Retail Finance
Retail Finance
Key Features:
• Traditional retail financing with competitive buy rates and flexible terms
• For new and used vehicles or certified pre-owned vehicles (CPOV) with up to 10 model years/120,000 miles at inception
• Products for prime and non-prime credit
• Financing for aftermarket products
• Standard rate options and supported rates for select original equipment manufacturer (OEM) programs
• Used vehicle valuation based on either the SmartAuction® purchase price or book value, whichever is greater
• A CPOV Program that allows valuation up to $1,000 above the guidebook value
• Terms up to 75 months
SmartLease®
SmartLease®
Key Features:
• A closed-end commercial lease that works like a personal lease with customers returning their vehicles at lease-end − available for select makes and models
• Flexible options with lease terms that range from 12 − 60 months and annual mileage options that range from 10,000 − 15,000
• Supported lease terms for select OEM programs in addition to our standard lease terms
• SmartLease terms that end before the new vehicle limited warranty ends, so the manufacturer typically pays for major covered repairs during the lease term