We’re on TRAC with more ways to finance your customers

Have you ever presented lease options to your commercial customers only to get shot down because they drive too many miles or are skeptical of wear and tear? Chrysler Capital is offering an open-ended lease alternative that puts those concerns to rest – Chrysler Capital Commercial TRAC leasing.

Wait – before you shake your head and move on to the next page, take a moment to consider the advantages of a TRAC lease:

• No security deposit
• No excess mileage charges
• No wear and tear
• Flexible structures – the ability to fulfill an applicant’s requirements with as low as 1% residual

Any consumer who utilizes a vehicle for business purposes at least 51% of the time is a candidate for a TRAC lease. In addition to the benefits listed above, choosing a TRAC lease over traditional financing could have substantial tax advantages for those using a sophisticated tax strategy. (An applicant should check with a tax professional to determine what, if any, tax benefits may apply.)

How does TRAC leasing benefit you?

• Potential for dealer markup
  • Acquisition fee can be marked up as much as $300, as per state rules and regulations
  • Money factor can be marked up as much as 0.00073
• Provides a competitive advantage over others who don’t offer TRAC leasing as an alternative to traditional financing
• Commercial upfits are residualized
• Quicker buying cycle with repeat business to your dealership

TRAC leasing with Chrysler Capital is easy to get started. Just submit the application through Dealertrack or RouteOne, selecting the TRAC lease option. If approved, structure your contract using your current DMS system (order the Chrysler Capital TRAC Lease form SAN-MVL-COMM [TRAC] 12/4/2014). Sign your customer on the Chrysler Capital TRAC Lease Contract and submit the deal for funding.

We’ve carefully outlined the step-by-step process in our TRAC Lease Program Guide (available on the Chrysler Capital Dealer Website via DealerCONNECT).