Leasebusters and Apex announce alliance

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Lease Busters Inc. says it has formed a “strategic alliance” with Apex Inspection Solutions Inc. to offer enhanced services to current and future lessees across the country.

“Apex Inspection Solutions brings over 20 years of automotive knowledge and expertise to the table and the company has built up an excellent reputation within the industry,” Jim Matthews, Leasebusters' president and general manager said in a release.

The new partnership between Canada’s largest lease take-over marketplace and the inspection service will see Apex offer its “enhanced” services to Leasebusters large customer base.

According to the company, Apex Inspection Solutions specializes in vehicle lease (lease end and lease take-over) inspections along with used-vehicle pre-purchase, condition reporting, mechanical (warranty and pre-warranty), collision appraisals, certified pre-owned inspections and hail damage estimation.

“It's a perfect fit for Leasebusters,” explained Matthews. “The biggest beneficiaries of this new strategic alliance will be our customers, who will now reap the benefits of Apex's prodigious mechanical, collision and lease-end knowledge as part and parcel of their Leasebusters experience.”

Apex Inspection Solutions has historically focused on servicing the wholesale end of the lease business while Leasebusters has leaned more towards the retail end.

According to Craig Martin, director of Canadian operations at Apex Inspection Solutions Inc., working with Leasebusters will allow Apex to offer its retail customers specialized services, which include providing a comprehensive inspection report and photo package to properly document the current condition of a vehicle.

“This type of service coupled with used vehicle inspections on the wholesale side are not currently provided by any other vendor,” he said.

Martin added that forming the alliance with Leasebusters not only gives Apex exposure on a national stage, but a new class of customers will receive welcome protection as part of the process.

“Apex performs condition reports on behalf of current lessees and future lessees, applies OEM lease-end guidelines, and makes future lessees aware of any applicable charges,” he said. “This will educate both parties as to any items which may be deemed a chargeable item upon return.”