Ebooks

A Dealership's Guide to Proactively Preventing Customer Lease Buybacks

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» Explore lease extension options to bridge the gap between contracts if their desired vehicle is not currently available. » Discuss pre-order or reserved sale options and estimated delivery dates. » Look at what similar models are immediately available that meet their needs. » Worst case scenario, ensure the customer processes their lease buyout at your store, not through their captive finance company. Capitalize on the gross opportunity and leave the customer with a positive CX. 3 Work with your customers to explore every opportunity to get them into the right vehicle by building personalized offers calculated with their equity and accounting for any available incentives. Stay connected with customers who do buy-out their lease, regularly reconnecting with information on incoming inventory and more to build future loyalty.

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