Dealer Lease Alternative Program

Dealer Lease Alternative Program

Bannister Cadillac is a qualified dealer lease alternative (DLA) provider. The DLA is a special program available from General Motors for select dealerships in Canada to have In House Lease (IHL) companies that provide their own leases. In return General Motors provides these select dealerships with rebates anywhere from 1.0% to over 20% depending on the model. In many cases a properly structured DLA will save our customers thousands upon thousands of dollars over a regular cash or finance deal.

Call 250-860-7700 or fill out the form on this page to receive more information on which vehicles qualify for a DLA and how you can take direct advantage of the Dealer Lease Alternative program.

HERE ARE SOME OF THE FACTS ABOUT A DLA FROM BANNISTER CADILLAC BUICK GMC:

The rebate for a DLA must be given directly to the customer and applied to the DLA. It cannot be kept by the dealership

The customer may pre-pay the lease. This works great for cash buyers looking for an even better way to save money.

All DLA’s must have a minimum of 10% down. This amount will depend on credit as well as make model and term of the lease.

The DLA must run for a minimum of 6 months and 12,000 kilometres before the unit can be bought out or traded in. (In some cases, certain models will require a minimum of 2 years and 12,000 kilometres)

A DLA can be tailored to your specific needs. We can build in extra kilometres, lower residual values to increase tax write-offs, we even do special lease extensions.