Used Car Auto Leases

The Lease Advantage Program allows you to ....

  • Build a lease portfolio that could increase your net worth by millions.
  • Deliver more vehicles to a wider customer base, complimenting other special finance options.
  • Enhance your dealership's overall profitability and cash flow.
  • Retain ownership of all inventory, accounts and title on every deal.
  • Avoid the costly overhead and expenses associated with collections and servicing of your lease portfolio.
  • Own a portfolio that allows you to receive 100 percent of the backend payouts.
THE ADVANTAGE
  • The Lease Advantage Program allows you to close 8-10 additional sales per month.
  • Your dealership controls the credit decision and underwriting.
  • Your dealership originates the lease.
  • The inventory is financed for 24 months on your Lease Advantage floor plan line.
  • The Lease Advantage Program allows you to finance the cost of the vehicle service contract and GPS device.
  • Service, Collection and Credit Reporting is included in the program. 
THE PROTECTION
  • The dealership retains ownership of all inventory, title and lease accounts.
  • Your inventory is protected by a 24 month dealer-owned vehicle service contract.
  • All inventory is equipped with GPS tracking.
  • The program provides your dealership with access to a $1 million umbrella contingent liability policy on every lease account. 
THE OPPORTUNITY
  • The Lease Advantage Program will assist you in freeing up your cash while building a lease portfolio.
  • Potential for over $1 million lease portfolio at the end of 24 months by originating only eight to ten leases per month.
  • Monthly payments are collected and applied to your account for you.
  • Dealership participates monthly in the cash generated from their portfolio.
COMPLIANCE
  • The program maintains updated industry licensing and consumer laws.
  • Fully automated Insurance Tracking.
  • Risk mitigation services up to and including repossession management and collateral liquidation.
  • Deficiency balance and bad debt recovery services.
  • Statistical data analysis to better manage your underwriting criteria.
  • Portfolio Feedback and Performance Metrics.
Currently Available in: AL, AZ, CT, DE, FL, GA, IN, MA, MI, MN, MS, MT, NC, NH, OR, PA, SC, TN, UT, WA, WV, WI, WY