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Old 09-08-2010, 01:41 PM   #1
XDCX
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Default U.S. Bank Leasing Program

I haven't had a chance to study the leasing program that Chrysler announced with U.S. Bank today - is it much better than the offerings from Ally?

Is anyone sending many deals to U.S. Bank right now?
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Old 09-08-2010, 02:29 PM   #2
Granch
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Just got the rates from US bank, they're pretty good. I have been using them since we lost chrysler and they are very picky..I've had people with scores in the high 700's TD'd because the analyst saw something they didnt like. Unless it's prime paper stick to Ally.

The only cars we've been using them for are wrangler unltd's.
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Old 09-09-2010, 09:42 AM   #3
XDCX
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Quote:
Originally Posted by Granch View Post
Just got the rates from US bank, they're pretty good. I have been using them since we lost chrysler and they are very picky..I've had people with scores in the high 700's TD'd because the analyst saw something they didnt like. Unless it's prime paper stick to Ally.

The only cars we've been using them for are wrangler unltd's.
Thanks for the info.

There was a reader comment following the article in Automotive News indicating that U.S. Bank had very high credit standards for a lease program they had with Mitsubishi too. The U.S. Bank program may not be for everyone but at least it's nice to have options.

On a different note, does U.S. Bank have a lease program for the '11 GC yet? I know the '11 GC was excluded from yesterday's announcement but I was wondering if U.S. Bank offered a non-subvented lease on the '11 GC?
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Old 09-09-2010, 05:50 PM   #4
CL Pgh
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I've used US Bank for years... truly a pain in the arse to deal with! IF your customers are GOLD and on the right unit (Wranglers), they are good to use. They don't touch GMAC on 11' Grand Cherokee... their 39mon lease is still $50 higher than GMAC's 36mon.
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