Bangkok--18 May--Siam Nissan
Mr. Kamoldej Bunnag, Managing Director, Nissan Leasing (Thailand) Co., Ltd., revealed that Nissan Leasing, a subsidiary company of Nissan Motor Japan, is established with the registered capital of THB300 million to provide the full range of financing services for Nissan new car buyer and dealers.
He continued that Nissan Leasing has improved the standard of credit and insurance services provided to its customers with the cutting-edge technology accepted worldwide.
One of the exclusive state-of-the-art technologies that Nissan Leasing firstly introduced to the Thai market is the IS Application, which Nissan Leasing will create the software system to activate the communication channel with dealers and permit them to do the direct submit and check the credit application status online. Within 4 hours after the completion of documents declaration, Nissan Leasing would automatically send fax or email to the dealer to print out and complete the financing contract with their customers immediately, which will help close the sales and provide the opportunity for the customers to get their car earlier.
Nissan Leasing also introduced Finance & Insurance System (F&I) to the Thai market, after the great success worldwide. F&I is the full service financing insurance that integrate the leasing propose with the car accessories credit and insurance. The study in other countries has found that both customers and dealers are satisfied with F&I system since the F&I marketer could help finish the contract or increase the opportunity to sell other products, while dealers could focus only on sales and do not have to spend a lot of time explaining about leasing and credit.
Mr. Kamoldej added that Nissan Leasing has joined with the leading Insurance companies to provide the full-service range for the customers. The company has currently finished the partnership agreement for the insurance coverage for Nissan Leasing customers with leading insurance companies, including Navakij Insurance, Syn Mun Kong Insurance, Viriyah Insurance, New Hampshire Insurance, The Safety Insurance and Mitsui Sumitomo Insurance. Also, for the clients’ convenience, Nissan Leasing provide many channels for them to pay the installment; automatically subtract from bank account; pay at commercial banks counter at The Siam Commercial Bank PCL., Krung Thai Bank PCL., Bank of Ayudhya PCL., and Siam City Bank PCL.; or through advance cheque payment to the company.
Nissan Leasing will start to service Nissan’s new customer from the dealers in Bangkok in the early stage, and will expand its coverage throughout the countries within this year.
Managing Director of Nissan Leasing (Thailand) Limited also confidentially projected that the company will get around 5,450 contracts or 10% of total Nissan sales volume within this year. And after the nationwide expansion, he predicted that the company will have the ongoing growth, which is 24% of the sales volume in 2007 and 35% in 2008.
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