1. From the current business model of automobile financing leasing, the participants include: financing leasing company (employer), dealer (channel party), car collection company (financing leasing company or entrusted third party) and lessee (customer).
2. The channel party is responsible for recommending customers to the financial leasing company, and at the same time, the channel party needs to provide guarantees to the financial leasing company for the rent payable by the lessee. Once the customer (lessee) is found to be unable to get in touch for many times, the financial leasing company (employer) or dealer (channel) will entrust the car collection company to take back the car. If the lessee (customer) can pay the liquidated damages, towing fee and remaining principal and interest as agreed in the contract, the finance leasing company will return the vehicle to the customer;
3. If the lessee (customer) refuses to pay the relevant fees or cannot get in touch, the dealer (channel party) will repay the remaining principal and deferred interest for the lessee (customer) as agreed in the contract, and the ownership of the vehicle will be transferred to the dealer (channel party), and the liquidated damages, towing fee and remaining principal and interest will also be collected by the dealer (channel party) in contact with the customer; If the lessee (customer) still does not pay, the dealer (channel party) will realize the vehicle auction.