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Currently the field is wide open and level for pre-owned auto lease funding with only a single small source in existence. That source is dysfunctional because it uses the ALG residual guidebook, which is mathematically incorrect, contradictary and not subject to change. ESP stresses to investors the lack of UVL lending today is a result of the economic crisis, not a cause of it. UVL funding was eliminated along with all non captive lessors who competed with unorthodox new-vehicle leasing as described in this document.
The truth is UVL funding is the most lucrative form of auto leasing with the largest inventory and biggest audience. There is no better debt-instrument on earth. ROI is double that of heterodox leasing while risk is all-but-eliminated by the fair nature of the contract.
Unorthodox leasing was invented to capture or retain market share. Introducing fair, level-yield leasing in those showrooms is an array of real problems for contrived captive lessors. Now tsunamis of off-lease vehicles are flooding the market, which has a profound negative effect on the industry, especially the investors in new-vehicle leases and the global economy.
Self-serving = self-defeating in this arena, but look past the problems to see a great opportunity for those that provide the solution. Know the solution must include the individuals that caused the problem. The solution must be applicable in the prevailing landscape and it must be self-funded with the capability to grow to any size while offering a secure portal to compliant investors worldwide.
ESP's pre-owned orthodox lease (POOL) fund is an automated program with special features and protections for each party in every transaction. Funding starts with revenue raised by the PPM and grows proportionately with the collateral-value of ESP securities as it is established. The fund is an excellent example of financial relativity where a small amount of money sparks a gigantic return while solving a serious problem for many and reclaiming control for the right reasons.
Please feel free to contact us with any questions and all comments roi@esptech.world or 800 339-6989.