Today, one-third of all new vehicles are LEASED. That number has increased steadily in recent years and industry experts tell us it's expected to continue to grow.
The reason is simple:
LEASING MAKES SENSE!
Consumers get to choose and drive a higher-priced car or truck with more bells and whistles at a considerably lower monthly payment than if they purchased or financed. Plus, they're always driving a newer vehicle that's usually covered by the manufacturer's warranty.
In order to reduce monthly payments, consumers often add upfront out-of-pocket cash or trade in a vehicle. They may also be able to take advantage of manufacturer incentives that further reduce monthly payments.
HERE'S HOW IT WORKS...
If their leased vehicle is stolen and not recovered or deemed a total loss as a result of an accident your insurance company covers the loss of the vehicle.
However, it doesn't cover the initial deposit they brought to the table to lower their monthly payments.
The Classic Deposit Allowance Membership Program takes the consumer's initial deposit -- including cash, security deposits, manufacturer's rebates, and vehicle trade equity -- and applies it to a replacement car or truck when they return to the dealership to replace their vehicle.
It's an easy sell when the dealership tells the customer, "It's like using your initial up-front, out-of-pocket deposit a second time!"
You'll need to get complete information about The Classic Deposit Allowance Membership Program before you introduce this exciting new A-rated program to your dealerships.
Contact Brad, Traci, or Marty today at 800.930.4633. Or email Traci@ClassicTrak.com.