Mack Trucks is now offering ElectriFi Subscription, a usage-based leasing option exclusive to new Mack MD Electric models, through Mack Financial Services.
“Mack Trucks is a leader in electrification, and we remain committed to ensuring customers have reliable, durable electric vehicles and the support necessary to operate them,” Jonathan Randall, president of Mack Trucks North America, said. “Together with Mack Financial Services, we developed this unique program to assist in the deployment of [battery electric vehicles] through a solution that gives customers peace of mind. Customers can run electric trucks knowing that Mack and Mack Financial Services are standing behind them and the product.”
The subscription allows customers to pay as they go for miles driven with chassis and body, charging, applicable incentives, physical damage insurance and maintenance costs for the term of the agreement bundled into a single monthly payment. Terms start at three years with an option to extend up to a total term of six years. The subscription also comes with access to Mack’s suite of Uptime services, including telematics and Mack OneCall, and Mack’s 24/7 roadside service and support. .
Along with the ElectriFi Subscription option, Mack Financial Services also offers ElectriFi Infrastructure and ElectriFi Lease. Mack Trucks and Mack Financial Services can also advise on incentives for infrastructure.
ElectriFi Infrastructure is available for all purchases or leases. Mack and its third-party partners will assist customers in developing the charging station design, installation, construction, hardware and software needed for new battery electric vehicle charging facilities. All-inclusive financing is available with this option, provided vehicles are funded by Mack Financial Services, including up to a 60-month loan.
ElectriFi Lease enables customers to add battery electric vehicles into their fleets with reduced upfront investment. Customers have access to Mack telematics through the Mack Ultra Service Contract. Mack’s Route Support Services team will help customers analyze existing routes, infrastructure upgrades and integration. This offer has full lifecycle financing options and renewable five-year terms.
The Mack Ultra Service Contract is a standard five-year bumper-to-bumper service contract for the Mack MD Electric and the Mack LR Electric refuse model. The contract includes telematics with battery monitoring; a high-voltage battery performance guarantee; all scheduled maintenance; all preventative maintenance; all repairs, excluding accidents, tires and glass; towing for warrantable failure to the nearest Mack certified electric vehicle dealer; and Mack OneCall.
“Mack and Mack Financial Services have given customers several optimized financing options that will help support their businesses,” George Fotopoulos, vice president and e-mobility business unit leader at Mack, saidd. “ElectriFi Subscription, the other financing options and the Mack Ultra Service Contract were designed to help remove any hesitancy about financing, service and support that customers might experience as they electrify their fleets.”
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