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UPSTREAM REMARKETING PROGRAM. “Saving you money, making you money, decreasing your work load”. Whenever t he price letter or Notice of end of lease letter is sent to the employee our process also begins Fleet Financial contact information is given in the letter
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UPSTREAMREMARKETINGPROGRAM “Saving you money, making you money, decreasing your work load”
Whenever the price letter or Notice of end of lease letter is sent to the employee our process also begins • Fleet Financial contact information is given in the letter • If the employee/employee pool does not want to purchase the vehicle they are given a url that directs them to the Onceovr app that will easily guide them through the five-minute process of uploading the data PROCESS
EMPLOYEE WANTS TO PURCHASE • Fleet Financial handles the process from start to finish • Employee fills out application • Within 24 hours we have an answer and an interest rate • Loan docs are signed electronically • Loan funds and Fleet Management Company is notified, funds are sent • Title is sent to Fleet to perfect and the $150 incentive is sent to yourCompany
EMPLOYEE/EMPLOYEE POOL DOES NOT PURCHASE • Onceovr app is used to facilitate process • The feed is sent via Onceovr to Fleet Financial • Fleet provides retail and wholesale values to help determine a purchase price for collateral • Company is given a “buy now” offer from our partner at FLD • Fleet Financial begins to market that collateral through our gated communities and Zenkars.com
VEHICLE SELLS ONLINE • Fleet Financial again facilitates the sale from start to finish • Loan funds the fleet management company is alerted of sale and the proceeds are sent • Fleet management company sends title to Fleet to perfect • Any transportation can be financed into loan and is facilitated by Fleet
VEHICLE DOES NOT SELL ONLINE • Vehicle is sent to the auction as it normally would • Vehicle is inspected at auction that feed is sent to Fleet so that we can continue to market that vehicle with up to date photos and information until it runs through the auction • Vehicle runs through auction it is deleted from Fleet website
WHY IS THIS PROCESS BETTER? No additional work load or a change in process. Fleet Financial works right alongside your Fleet Management Company Less work for the Fleet Manager as Fleet Financial deals with all their employee purchase questions and purchases An average of $1000 swing in the value accumulated for the vehicle as you avoid transportation fees, auction fees, reconditioning fees and attain a higher value for the vehicle We PAY YOUR COMPANY for every funded loan, so you create an additional profit center for your company