Maserati and Chase Announce Exclusive Private Label Auto Financing Agreement
New financial brand – Maserati Capital USA – provides captive-like experience for customers in the U.S.
Maserati North America, Inc. and Chase today announced a new auto finance agreement naming Chase the exclusive private label financial provider to more than one hundred Maserati dealerships in the U.S. 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 & CEO of Maserati North America, Inc.
Maserati and Chase have worked together to create an experience that’s consistent with the luxury brand Maserati customers have come to know and love. Additionally, the two brands are directly aligned with a strong focus on empowering its customers to live and experience life any way they choose.
Thasunda Duckett, CEO, Chase Auto Finance
As the leading provider of customized retail finance and private label solutions to manufacturers in the industry, 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.
This agreement is one of many initiatives Maserati is undertaking to further grow its brand across the U.S. The company just announced a new chapter in its iconic history by launching its first SUV, the Levante, which was recently introduced at the New York International Auto Show. It debuted alongside the iconic marque's complete range – comprised of the flagship Quattroporte full size executive sport sedan, successful mid-size Ghibli sedan and range-topping GranTurismo Coupe and Convertible models. With the Levante, Maserati is expected to breathe new life and dynamism into the automotive world and is the wind of change both for Maserati and the luxury SUV market. The company will be well positioned with Chase, a proven solid partner, to best serve its expanding customers’ evolving needs.
Maserati produces a full line of two and four door models legendary for their spacious handcrafted luxury, thoroughbred performance and everyday usability. The Maserati product range includes now the brand new SUV Levante, revealed in Geneva in March 2016, available with V6 Twin-Turbo engine from 345 up to 424 hp, equipped with the All-Wheel-Drive Q4 system and air suspension standard. The sedan range is based on the full-size Quattroporte and the mid-size Ghibli sport sedan, which earned a 2013 Top Safety Pick from the Insurance Institute of Highway Safety (IIHS)*. The flagship Quattroporte GTS leads the charge with a 523 HP twin turbo V8 while both the Ghibli and Quattroporte are available with All-Wheel-Drive, a competition bred twin-turbo 404 HP V6 and an adaptive 8 speed automatic transmission. The two-door GranTurismo line continues with several variants of coupes and convertibles that combine elegance and comfort for four adults, with a 6 speed automatic transmission to keep the legendary Maserati performance and exhaust note close at hand. Maserati automobiles and merchandise can be found at authorized retailers across North America. Information on Maserati can be found at Maseratiusa.com for the U.S. or Maserati.ca for Canada, 1-877-My-Maserati (877-696-2737). *Built after November 2013.
Chase is the U.S. consumer and commercial banking business of JPMorgan Chase & Co. (NYSE: JPM), a leading global financial services firm with assets of $2.4 trillion and operations worldwide. Chase serves nearly half of America’s households with a broad range of financial services, including personal banking, credit cards, mortgages, auto financing, investment advice, small business loans and payment processing. Customers can choose how and where they want to bank: 5,400 branches, 17,000 ATMs, mobile, online and by phone. For more information, go to Chase.com.