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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 Division
    AUBURN 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.