Rolls-Royce and Bentley Benefits from Dedicated Bentley Financial Services
14 July 1999
Rolls-Royce and Bentley Motor Cars Benefits from Dedicated Bentley Financial Services DivisionAUBURN HILLS, Mich., July 13 -- Rolls-Royce and Bentley Motor Cars and VW Credit Inc have announced the creation of Bentley Financial Services, a captive financial services provider dedicated to Rolls-Royce and Bentley clients and dealers throughout the United States. Bentley Financial Services is headquartered in Auburn Hills, Michigan. "As our company is well known for the bespoke qualities of our motor cars, then I'm sure our customers will welcome a range of financing options tailored to meet their expectations of premium service and professional standards," said Alasdair Stewart, President of Rolls-Royce and Bentley Motor cars. "Bentley Financial Services is much more than just a new name," said VW Credit President Klaus-Dieter Schuermann, "this is a dedicated group of people selected and trained to understand the Bentley marque, the dealer organization, and our clients better than any other financial services provider. We have a vested interest in delivering the total Bentley experience." Bentley Financial Services products and services include retail financing and leasing for new motor cars, as well as wholesale financing, mortgages, and capital loans for dealers. Key features of the products are flexibility, wide customer choice, and competitive interest rates and residual values, which provide extremely attractive payment options. The initial offers include a very competitive retail finance program, as well as lease packages for 24, 36 and 48 months; which feature GAP protection at no additional charge, generous mileage allowance, and no acquisition or termination fees. These offers are available on all 1999 models. Mr.Brian Miller of Manhattan Motor Cars, in New York said: "The company has listened to the needs of our particular buyers and developed a range of financial packages which we can mold around each customer's requirements." "We understand very well the nature of the acquisition of a Rolls-Royce or Bentley and this package will ideally complement the specific needs of our buyers. I am delighted to be able to announce this initiative at a time when sales of both the Rolls-Royce Silver Seraph and the Bentley Arnage are growing so strongly," Mr. Stewart said. In 1999 through June, sales of Rolls-Royce and Bentley models have more than doubled compared to 1998, and the company's market share has risen from 1.2% to 2.9% of the high luxury sector.