Aug. 25, 2015—Chief added new equipment leasing tools to its website on Monday. The tools include quote calculators and applications from the Lease Corporation of America (LCA) and New Vision Equipment Leasing, two companies that have partnered with Chief to offer lease and financing packages specifically designed for collision repair equipment customers and distributors.
“Leasing does not require a large initial cash outlay,” says Bob Holland, director of collision sales in North and South America for Chief parent company Vehicle Service Group (VSG). “It enables shop owners to obtain the tools necessary to repair new vehicles made with aluminum, advanced high-strength steels and modern construction methods, while also investing in facility updates or advertising. Lease payments are usually fixed, which makes it easier to budget for the long term than with a variable-rate line of credit. Plus, with a lease the shop can use the equipment to do better quality work with brand new tools while still paying for those tools.”
Chief’s online leasing tools can be accessed here.