SCI Lease Corp inks lease deal with Maserati

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SCI Lease Corp. has supplanted Canadian Dealer Lease Services Inc. (CDLSI) as lease provider for Maserati Canada.

The partnership, announced late last week, will see new technology brought to Maserati dealerships through SCI Lease Corp. Current Maserati retailers will also use a newly launched credit portal designed by SCI Lease Corp’s parent company SCI MarketView. Dealers will complete and submit customer applications digitally, streamlining the process and saving time for the dealer and consumer.

There is no word yet on rates or programs.

“We are excited to become the exclusive lease provider for Maserati Canada”, says Alan Bird, president and chief executive leader, SCI Lease Corp.

“We believe that our competitive program will bring choice and flexibility to the Maserati consumer and help continue to support and grow the strong Maserati brand here in Canada.”

According to Matteo Sardi of Maserati North America, Canadian Dealer Lease Services Inc. (CDLSI) has facilitated leases for Maserati product in Canada since 2014. Scotiabank was the retail finance partner.

This new arrangement sees SCI Lease replace that partnership on the lease end of the business and marks the latest step forward for the SCI team. SCI Lease Corp launched in September 2015 and became the exclusive leasing provider to FCA Canada in November of that year.

The timing of this deal comes amid a period of growth and expansion for the luxury Italian automaker. The retail network has enjoyed some modest growth in numbers in Canada while the lineup has expanded this year to include the Levante SUV.

Sales hit 507 units in 2015 marking an eight per cent gain over 2014 figures.

Lara Appleton, head of marketing at SCI MarketView, said Maserati determines the models eligible for lease.