Used Vehicle Disposition

Purchasing and Capitalization - Titling, Registration - 
 Lease Rate - Miscellaneous Services - Special Features

The final net cost of a finance (open end) lease is not known until the used vehicle is sold. Regardless of what anyone tells you, there is no best way to sell a used vehicle. There are many ways. We use them all.

Most important, however is our ability and willingness to sell each vehicle individually. To let it stand on its own. Your company benefits by receiving higher resale values for vehicles in better return condition, and we will help you manage the vehicles for top condition. We take special pride in our ability to dispose of used vehicles promptly, usually within 30 days. Following are the primary methods used to sell used vehicles.

1. To or through the driver in accordance with your policy.
2. To nationwide used car dealer networks.
3. To local dealers where we have first hand contact.
4. Auctions.
5. Wholesale.

Nominal charges may be incurred to defray some of the expense of selling the used vehicle. However, FSI will recycle the vehicle at the highest possible resale value.

Reconditioning Some leasing companies put great emphasis on their ability to recondition a car to improve your net. The fact is that reconditioning is not always advantageous. Some cars we recondition, some we don't. This goes back to our belief in selling vehicles one at a time. Many cars are brought back and/or sold at our Milwaukee office when we believe the market here would yield a higher resale value.

Selling used cars is an art, not a science!