GMAC SMARTBUY, SMARTLEASE, AND SMARTLEASE PLUS
These lucrative markets are what you make them. GMAC SmartLease, SmartLease Plus and SmartBuy offer you proven tools for addressing potential lessees and buyers.
Leasing, in particular, is an important component of your dealership’s success and continues to be a viable option for many consumers. Brand and dealership loyalty are very high among customers who lease, and it’s easy to cultivate and anticipate new sales based on each lease’s scheduled end date.
GMAC SMARTBUY
SmartBuy may be an attractive alternative for customers who want to own a new vehicle every couple of years. SmartBuy offers convenient, flexible terms and monthly payments that can be lower than traditional financing with a final balloon payment.(1)
SmartBuy can offer consumers many advantages:
• Lower monthly payments based on the portion of the vehicle expected to be used during the SmartBuy term (plus finance charge).
• Attractive options at the end of the contract:(2)
• Sell the vehicle to GMAC, pay a disposition fee and (if applicable) acquire a new GM vehicle.
NOTE: Wisconsin does not allow a disposition fee.
• Make the final balloon payment,(3) sell the vehicle and keep any profit.
• Keep the vehicle and refinance the balloon payment.
• Keep the vehicle and make the final balloon payment. The customer owns the vehicle free and clear.(2)
1 SmartBuy is not available in all states. 2 SmartBuy contracts in North Carolina and the District of Columbia do not feature balloon payments. Instead, customers may prepay their contracts by returning the vehicle and paying a disposition fee at a negotiated point during the contract, instead of at the end. 3 Balloon payment refinancing is not available in all states.
GMAC SMARTLEASE(1)
Your SmartLease customers can enjoy many benefits, including:
• A lessee pays for the portion of the vehicle expected to be used during the lease term (anticipated depreciation), plus a rent charge, fees and taxes.
• The possibility of a lower down payment compared to conventional financing.
• The possibility of lower monthly payments compared to conventional financing for contracts of the same length.
• New Vehicle Limited Warranty coverage during 24- and 36-month leases.(2)
• Becoming accustomed to driving a new GM vehicle more often.
• Flexibility — the length of the lease agreement, monthly payments and mileage can all be tailored to many customers’ preferences.
1 SmartLease and SmartLease Plus are not available in all states. 2 Valid only within normal warranty limits: 3 years or 36,000 miles, whichever comes first.
GMAC SMARTLEASE PLUS(1)
This exciting lease option gives qualified consumers the opportunity to drive a new GM car or truck of their choice at a lower total out-of-pocket cost than most standard GMAC leases. That’s because a single payment is made at time of delivery instead of monthly payments.
With SmartLease Plus, your customers enjoy the following benefits:
• One up-front payment.
• Lower total out-of-pocket costs than most comparable GMAC monthly payment leases.
• No checks to write each month.
1 SmartLease and SmartLease Plus are not available in all states.
