MotoLease Rewards Program Aims to Lower Borrowers' Payments | Auto Finance News | Auto Finance News

MotoLease Rewards Program Aims to Lower Borrowers’ Payments

Can Stock Photo / diego_cervo

MotoLease LLC is set to launch its MotoCoin Rewards Program on March 1, allowing lessees to reprice their leases with better terms after accumulating 30,000 coins, according to a dealer newsletter shared with Powersports Finance.

The MotoCoin program rewards a lessee’s relationship with MotoLease, the newsletter read. Customers will earn 6,000 MotoCoins for signing up through MotoLease’s mobile app and agreeing to autopay, and 2,000 coins for every on-time payment.

When lessees earn 30,000 MotoCoins, they are eligible for a repriced lease at a better credit tier, with as much as a 20% monthly payment reduction and as much as a $500 credit toward upfront fees on a trade-in motorcycle.

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