Dealer Benefits

Boost Profits: Dealers keep all proceeds above the LeasePass cost per sale, which can increase gross profit per unit by 10-30%.

Sell More Cars: LeasePass eliminates negative equity concerns, resale stress and long-term commitments for your customers, helping you sell more cars today. By enabling customers to upgrade more often, it brings them back 2-3 times faster, driving more sales tomorrow.

Used Car Factory: Dealers get first access to vehicle turn-ins, creating access to a steady stream of high margin inventory.

Differentiate Your Dealership: Offer a flexible, customer-friendly product that addresses modern buying habits.

No Training Required. No Process Changes. No Extra Work. Preload LeasePass on all eligible inventory. Customers can opt out (but most want it). The provided materials handle customer education with zero lift from your team. Go live in days.

Dealer Protections and Compliance

No Dealer Risk: A segregated reserve fund guarantees all obligations, eliminating dealer financial, legal, and reputational risk.

No Dealer Liability: Customers acknowledge dealers have no responsibility for LeasePass. Dealers are never a guarantor, administrator, or liable party.

No Post-Sale Obligations: LeasePass handles all customer questions, support, and turn-ins—no dealer involvement needed.

Vehicle Eligibility: AI-driven analytics ensure only qualified vehicles are approved. The majority of vehicles MY20 and newer qualify. We pay off the remaining lease or loan tied to the Vehicle Purchase Price—not taxes, prior negative equity, or other add-ons.

Compliance: LeasePass meets all federal and state regulations as a buyback program, not insurance, warranty, or financial product.

Line 1 Item: LeasePass is included in the vehicle sale price on the finance or lease contract, as it directly ties to the purchase price and resale value, ensuring seamless financing integration.

This structure empowers dealers to enhance profits and customer satisfaction without incurring additional responsibilities or risks.

Why It’s Easy for Your Dealership

• Simple Integration: LeasePass easily integrates into your current process with zero training or sales required for your team.

• Streamlined Process: All customer obligations, requests, and vehicle turn-in logistics are solely managed by LeasePass, allowing your dealership to stay fully focused on selling.

How the Turn-In Process Works

1. Customer provides 30 days’ notice of their intent to turn in the vehicle.

2. Vehicle inspection confirms it’s free of damage or excess wear & tear.

3. LeasePass obtains the payoff from their lender and handles the rest.

The LeasePass Buyback pays the remaining balance of the loan or lease tied to the Vehicle Purchase Price, which is the agreed-upon price of the vehicle itself.

For Leases: LeasePass pays the residual value stated in the lease plus any remaining scheduled vehicle depreciation payments. LeasePass also covers the lease buyout fee if charged by the lender.

For Loans: LeasePass pays the remaining loan balance tied to the Vehicle Purchase Price.

The following reflect individual financing choices, not part of the vehicle’s actual value. Any remaining lease or loan balance for these items is the customer’s responsibility.

• Unpaid payments

• Taxes, registration, title, dealer or lender fees

• F&I/Ancillary products (VSCs, GAP, etc.)

• Negative equity from a prior vehicle

LeasePass can apply the customer’s down payment against all financed extras above, except negative equity, which can reduce the lease or loan balance.

Once the lease or loan balance is paid off, the vehicle title is transferred to LeasePass, and the customer has no further financial obligation.

Contact us to schedule a meeting and discover how LeasePass can benefit both your dealership and your customers.