About End of Lease and Vehicle Remarketing

Siebel Automotive and Siebel Dealer allow you to manage end of term and to remarket leased vehicles.

After a vehicle’s lease expires, the automotive company:

• Schedules inspection of the vehicle at a dealer or at a third-party inspection vendor, and bills the leasee for any liability.

• Schedules an appointment for the leasee to return the vehicle to a dealer.

• Attempts to sell the returned vehicle to dealers.

• Sells the vehicle at auction if no dealer buys it.

These tasks are performed by the automobile company using Siebel Automotive and by dealers using Siebel Dealer.