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Car leaseback
The car leaseback refers to the sales and leaseback business of cars, which refers to the financial solution that takes the personal passenger car as the subject matter and customers use their own cars to obtain financing.
Advantage
Activate customers’ car assets
Increase access to funds
The customer still has the exclusive right to use the car
Case
Mr. Chen has a BMW in his own name, he will open a restaurant in February 2020. At this time, there is a partial funding gap. We learned from chailease international automotive channel department about the financial solution of financial leasing. According to the proposal of chailease, Mr. Chen is recommended to use the personal car leaseback business, because this operation mode can activate the existing car assets, obtain funds, fill the capital gap, and retain the right to use the car. Through the personal car leaseback mode, Mr. Chen's restaurant opened smoothly.
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