Chase, Aston Martin Partner for Retail Subvention Program
GARDEN CITY, N.Y. — To assist high-end luxury vehicle buyers, Chase Auto Finance and Aston Martin the Americas announced this week an expansion of their relationship, with the lender becoming the exclusive provider of financing for the brand's first U.S. retail subvention program.
Officials explained Chase's arrangement with the British luxury automaker to provide retail subvention financing now allows Aston Martin's 32 U.S. participating dealers to provide customers with attractive interest rates to finance new purchases of the brand's award-winning high performance sports cars.
"We are excited to expand our offering to Aston Martin dealers across the country and pleased to support the company's first retail subvention program in the U.S. as their preferred lender," stated Marc Sheinbaum, chief executive officer for Chase Auto Finance.
"Chase has served the Aston Martin brand for many years, and we are committed to helping them increase new-car sales by offering more affordable financing options to their customer," Sheinbaum continued.
Julian Jenkins, vice president of Aston Martin the Americas, added, "With an award-winning model lineup and exciting new products such as Virage, Vantage S and the four-door Rapide, we are delighted to offer through Chase Auto Finance the opportunity for many new customers to experience owning and driving an Aston Martin."
As a full-service provider, Chase Auto Finance offers prime to subprime financing, dealer floor plan, commercial banking and treasury services.