Equipment Finance News

Chase named auto lender for Maserati

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Chase, the US consumer and commercial banking business of JPMorgan Chase & Co, has signed an auto finance agreement with luxury car brand Maserati North America, which will see the lender become the exclusive private label financial provider to more than one hundred Maserati dealerships in the US.

The newly created financial brand, Maserati Capital USA, will provide both dealers and customers with customized financial solutions including retail financing and leasing for consumers. Chase will also provide commercial lending and treasury services for Maserati dealers.

Christian Gobber, president and CEO of Maserati North America, said: “Maserati is committed to ensuring that its valued customers have a seamless and highly personalized purchase experience at the retail level. We are proud to partner with JPMorgan Chase and I am confident that together we will offer well suited finance solutions to efficiently meet our consumers’ needs.”

Chase will have a dedicated team delivering financing to Maserati customers under the Maserati Capital USA brand. This includes sales and servicing professionals to support Maserati dealers as well as marketing support to extend Maserati’s brand throughout the entire car-buying or leasing process.

Thasunda Duckett, CEO, Chase Auto Finance, said: “We are thrilled to team up with Maserati as their financing partner. Maserati isn’t just any car, it’s an experience. And Chase prides itself on the experience we deliver to customers during every interaction.”