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Auto leasing and extended warranties now in Cayman
Monday, April 10, 2006
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Nellie Welds becomes the historic purchaser of the very first service contract sale in Grand Cayman which she receives from John Felder, the owner of Cayman Automotive. |
For the first time in the Caribbean, Cayman Automotive is offering customers vehicles for lease and an outlet where consumers can purchase a vehicle service contract for their new, used, or imported car or truck, or purchase a quality Factory Certified Pre-owned vehicle, most with warranty.
With automotive leasing the firm said the headaches of selling a used car are eliminated. This is valuable option with the ex-pat community and with consumers who want the latest model vehicle. When your lease ends, you simply turn it back to the leasing company and walk away, unless you decide to buy a car or trade.
The core product of Cayman Automotive Marketing is Vehicle Servicing Contracts, which it said provide security and peace of mind for consumers and protect them from the expense of costly vehicle repairs such as air conditioning compressors, transmission and engine replacement, steering, brakes and electrical systems.
Aimed at both individuals and for vehicle fleets, these service contracts can be added to a vehicle at any time and function in a similar way to a factory warranty. For those interested in purchasing vehicles, Cayman Automotive Sales offers Factory Certified pre-owned Vehicles. Every vehicle offered is post-Ivan and has a 12 month / $12,000 warranty, which makes another milestone in the automotive industry in the country.
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