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What is the difference between Municipal Lease-Purchase and SmartLease?

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What is the difference between Municipal Lease-Purchase and SmartLease?

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Municipal Lease-Purchase is a specialized program and it is not similar to SmartLease. Procedures that normally apply to SmartLease are not utilized for this program. However, the availability of Municipal Lease-Purchase does not mean that municipalities are not eligible for SmartLease transactions. The dealer should confirm the municipalities intended usage, mileage, and vehicle ownership requirements to ensure the appropriate plan is used.

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