Facts & Information Page:
General Motors Acceptance Corp - Canada

Canadian Money Advisor Rank

Product Names

Product Name


GMAC Automobile Financing

GMAC Commercial Line of Credit

GMAC Commercial SmartLease

COMPANY CONTACT INFORMATION:

General Motors Acceptance Corp
P.O. Box 2270
Edmonton, AB
Website:http://www.gmacfs.com/index.html

Customer Service Phone: 800-616-4622
Customer Service Fax:800-308-9406
COMPANY INFORMATION AND BIOGRAPHY:

Product Name Product Description
GMAC Automobile Financing A Commercial Line of Credit can provide qualified business customers with an extra source of capital particularly for use in the purchase or lease of commercial vehicles. You can preserve your bank credit lines for other business needs. It can provide you with easy and flexible service. Your commercial credit line remains in effect for a full year. With that, there\'s no need to reapply each time you want another commercial vehicle as long as you do not default and maintain your eligibility. You can use your Commercial Line of Credit for both financing and leasing or a combination of the two. In fact, it\'s flexible enough to meet the needs of more or less any business.
GMAC Commercial Line of Credit A Commercial Line of Credit can provide qualified business customers with an extra source of capital particularly for use in the purchase or lease of commercial vehicles. You can preserve your bank credit lines for other business needs. It can provide you with easy and flexible service. Your commercial credit line remains in effect for a full year. With that, there\'s no need to reapply each time you want another commercial vehicle as long as you do not default and maintain your eligibility. You can use your Commercial Line of Credit for both financing and leasing or a combination of the two. In fact, it\'s flexible enough to meet the needs of more or less any business.
GMAC Commercial SmartLease Our Commercial SmartLease is an affordable way for eligible commercial customers to get the new vehicles they want. With SmartLease, customers pay for the portion of the vehicle they expect to utilize during the lease term plus a rental charge, taxes and fees. Thus, SmartLease grants a number of distinct advantages over traditional financing, including lower monthly payments, no resale or trade-in worries, and possible tax benefits. This choice also allows customers to lease vehicles with certain specialized up fits. The eligible vehicles are passenger cars and light duty commercial vehicles of any make and model listed in the quarterly updated Residual Value Leasing Guide.

A Commercial SmartLease allows qualified customers to preserve capital and enhance cash flow through lower monthly payments as compared to purchasing the vehicle. The qualified customers can acquire low monthly payments with little or no up-front money. You can drive a more expensive vehicle for about the same monthly payment as a less expensive vehicle that is financed. Most SmartLease terms end before the New-Vehicle Limited Warranty ends. It is typically the manufacturer who pays for major covered repairs during the lease term.

The downtime is costly vehicle are minimized. You can obtain new vehicles more often. You can also maintain a successful and professional image through more frequent fleet replacement. And lastly, you can protect your business against depreciation risks or trade-in worries with asset depreciation protection.