Payment Interval Purchase Program (PIPP)
Our Payment Interval Purchase Program (PIPP) is designed with you in mind.
- Sell 6-, 9- or 12-month payment streams for up-front cash.
- Retain backend account profitability.
- Receive between 70-80% of the total payment interval depending on the term sold.
- Payment interval serviced by CFS at no additional cost.
- Minimal customer credit requirements.
PIPP benefits:
- Quick cash for your receivables.
Example:
Payments: $250/mo
6 months of payments = $1500
Upfront to dealer = $1200
- Sell any payment term (weekly, bi-weekly, etc.).
- No extra fees or additional program costs.
- Discount for early dealer payoff on customer trade-ins.
At the end of the PIPP term, choose from these options:
- Sell another payment stream.
- Sell the entire contract using CFS purchase program.
- Have CFS service the remaining term of the contract for a fee.
- Have the contract returned to you.
Here's how to get started...
- Complete and submit our online information request form.
- Provide references and valid customer contact information.
- We will review and provide a proposal based on the receivables you have identified. One payment from customer will be collected.
- Provide paperwork (vehicle title and original contract).
Also feel free to call us at 1-877-570-8857 or contact your nearest CAR Financial Services representative