John Deere offers new leasing program

John Deere Credit recently introduced FlexVantage, a new leasing program for commercial outdoor power-equipment customers and governmental customers of John Deere. The program can be used to purchase compact utility tractors, commercial mowing equipment, lawn and garden tractors (for commercial use) and utility vehicles.

The program, subject to credit approval, reportedly offers customers lower and flexible payments with only one payment due upfront. Customers can also opt for seasonal payments with up to 6 skip-payments a year.

“With all the options that accompany this lease, both customers and dealers have more finance options to choose from, making the sales process easier and expanding dealer markets,” says Steve Davis, manager of marketing for John Deere Credit.

According to a statement by the company, John Deere commercial and consumer equipment dealers will benefit from guaranteed customer contact after the sale and future profit potential from returned equipment, remarketing services from John Deere Credit, reselling choices for returned equipment and flexibility in the customer base.

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