Are you familiar with Chrysler Capital’s Sign and Drive program?

Do you have customers who don’t like making their first lease payment at the time of signing? No problem!

Chrysler Capital’s Sign and Drive program offers the option to waive the first payment.

The following items are required on every Sign and Drive contract prior to funding:

1. In the Federal Consumer Leasing Act Disclosures, section 2:
   a. The monthly payment must be disclosed
   b. This section CANNOT include “NA” or “0”
2. In the Federal Consumer Leasing Act Disclosures, section 5:
   a. The first monthly payment must be disclosed on line 5b
   b. The first payment amount should be included in the rebate and non-cash credits section
3. Money factors must be adjusted accordingly
   a. 24-month terms are increased by 0.00063
   b. 25 to 48-month terms are increased by 0.00029
4. Using the Consumer Funding Requirements Checklist with your funding packet is recommended
   a. On the checklist, indicate under the Lease section that the deal was contracted as a Sign and Drive
5. Contact your DMS provider to have the “Sign and Drive Program” option added to the “Other Terms” section of the contract

For additional information or if you have any questions regarding the Sign and Drive Program, contact your Dealer Relationship Manager or view the following instructions here.