FI showroom red and grey logo
MenuMENU
SearchSEARCH

McLaren and Fisker Choose Chase for Branded Financing

McLaren and Fisker have branded their auto finance ventures and have them supported by Chase.

July 14, 2022
McLaren and Fisker Choose Chase for Branded Financing

Fisker Ocean

Credit:

Fisker

2 min to read



 

Both McLaren and Fisker have branded their auto finance ventures — private-label programs that resemble captive finance companies but are supported by Chase.

Ad Loading...

The McLaren Financial Services brand is now in place for the supercar manufacturer's loans and leases. The company has an associated website for online payments and statements under that name.

McLaren reports this venture is a first for the company and was done to promote the brand to its customer base and underline its endorsement of products offered to them.

Fisker has announced that Fisker Finance will start originating deals in the fourth quarter, which coincides with its production of the electric Ocean, its first vehicle, in November. Fisker began taking $5,000 deposits on the limited-edition Ocean One variant of the SUV on July 1.

"Fisker is a digital car company, first and foremost, focused on a seamless customer experience at every step," CEO Henrik Fisker said in a statement. "Providing finance options on our digital platform, including financing factory-installed options, is part of providing our customers with a completely hassle-free experience respectful of their time."

McLaren announced it will rely on Chase as its exclusive banking partner for leases and loans.

Ad Loading...

"We are excited to be able to provide both current and new owners with tailored and customer-centric leasing and financing solutions through McLaren Financial Services," McLaren Americas President Nicolas Brown said in a statement July 5. "This new relationship with Chase will allow even greater options for customers looking to experience the thrill of driving a new McLaren."

The company expects leasing to be the primary focus of the Chase relationship and McLaren's long-term strategy. In 2021, leasing made up 35% to 39% of sales.

Fisker also has Chase as its official U.S. retail loans partner and will use Santander for financing in Europe. The company announced its intent to add partners in other regions.

Fisker Finance will permit customers to finance not just its vehicles but also factory-installed add-ons and home charging equipment. Though Fisker does not operate franchised dealerships, customers can apply for Fisker Finance credit online or through the Fisker app.

Customers also can arrange their own Ocean financing through third-party lenders.

Ad Loading...

Fisker also plans to sell traditional auto insurance to customers online, though the premiums cannot be financed.

As far as traditional finance and insurance products such as guaranteed asset protection coverage and vehicle service contracts, Fisker continues to examine what services its reservation holders will want.

 

Originally posted on Auto Dealer Today

More Auto Finance

Photo of document next to calculator and inkpen
Auto FinanceJuly 20, 2026

Dealerships Are Paying the Price for Extended Car Loans

Growing negative-equity scenarios mean such lengthy terms should be addressed in a forward-looking way to make them work for the dealer and the consumer down the road.

Read More →
silver car in background with hand in front holding out a set of keys, Trade-In Trouble, F&I and Showroom
Auto Financeby Lauren LawrenceJuly 20, 2026

Trade-Ins in Negative Equity Reach New Heights

As such trade-ins rise in frequency, so do monthly loan payment amounts and interest rates, according to second-quarter data compiled by Edmunds.

Read More →
Two men in suit jackets shaking hands in front of a new-looking white vehicle
Auto Financeby Hannah MitchellJuly 15, 2026

Auto Credit Plentiful

June numbers show lenders are readily granting access, including to risky borrowers, as consumers leverage themselves to take on high prices.

Read More →
Ad Loading...
Woman's hands holding an wallet empty of cash
Auto Financeby Hannah MitchellJuly 1, 2026

Automotive Consumers Sink Further in Debt

Most financing metrics hit records in the second quarter as more buyers locked themselves into long terms and high monthly payments.

Read More →
Three men smiling for headshots
Auto Financeby Lauren LawrenceJuly 1, 2026

Porsche Financial Services Shifts Structure

After 36 years with Porsche, the Financial Services Chief Financial Officer Konrad Riedl is retiring, and the department is realigning its management structure.

Read More →
$100 bill and magnifying glass on top of paper that says insurance policy terms and conditions.
F&Iby Lauren LawrenceJune 29, 2026

Tariffs Could Raise Insurance Premiums

As U.S. import tariffs affect repair costs, consumers might find it more affordable to replace a damaged vehicle, according to recent Insurify tariff analysis.

Read More →
Ad Loading...
Red toy car sitting on top of coins.
Auto Financeby Lauren LawrenceJune 24, 2026

Smaller Loans, Longer Terms

The youngest generation of car buyers is more likely to finance less expensive vehicles, more than half of generation Z consumers borrowing less than $25,000.

Read More →
Photo of man holding a car key
Auto Financeby Hannah MitchellJune 17, 2026

New Cars a Tad More Affordable

May averages show that combined circumstances gave auto consumers slightly better buying power for the month, though average prices were up year-over-year.

Read More →
Photo of a white toy car next to piles of coins
Auto Financeby Hannah MitchellJune 8, 2026

First-Quarter Sees Long Auto Loan Growth

Experian data show more consumers are tapping the method, along with refinancings, to afford buying. Meanwhile, subprime borrowers are getting more access.

Read More →
Ad Loading...
Assurant, Mastering Credit Friction, Sales Series, Expert Trainer Josh Krach
Auto FinanceMay 29, 2026

Mastering Credit Friction

In this video, Josh Krach explains how to turn credit friction into an advantage.

Read More →