Company Car Bonus
Q. What kind of paperwork or application do I need to submit to get the bonus?
A. Corporate will require a signed lease or purchase agreement for your new vehicle which must be mailed or faxed in within 30 days of your purchase in order to qualify for the car bonus.
Q. What is the minimum dollar value of the car to qualify?
A. Each level that qualifies for a car has different dollar values as follows – please keep in mind that you must qualify each month to receive your car bonus. If you do not qualify in a given month, your car bonus will not be paid until you qualify again.
Director: $300/month car bonus
Senior Director: $400/month car bonus
Platinum Director: $500/month car bonus
Senior Platinum Director: $750/month car bonus (can be used on more than 1 car)
Ambassador Director: $1000/month car bonus (can be used on more than 1 car)
$300 car bonus – $15,000 car
$400 car bonus – $20,000 car
$500 car bonus – $25,000 car
$750 car bonus – $35,000 car
$1000 car bonus – $50,000 car
Q. Does a lease vehicle qualify?
A. Yes, a leased vehicle does qualify for the car bonus.
Q. If I already bought a car in the past 6 months can it qualify?
A. Yes, vehicles purchased within the past 6 months qualify for the car bonus.
Q. What kind of vehicles qualify? ( i.e. car, truck, motorcycle, motor home)
A. The car bonus is only for cars, trucks, vans and SUVs. No other vehicle such as boats, motorcycles, RVs, planes, etc. qualify for the car bonus.
Q. If I pay off the vehicle early do I still qualify?
A. Yes, you will still get your car bonus if you pay your vehicle off early.
Q. When I buy a new vehicle that qualifies, how long before I need to purchase a new vehicle to continue getting the bonus?
A. Once the lease or purchase payment has run out on your existing vehicle, you must purchase another vehicle as per our requirements. If you have a 39-month lease, then within 6 months after it expires you must lease or purchase another vehicle to receive your car bonus. Similarly, if you pay off your new vehicle, then within 6 months of your car loan being paid off you must purchase another vehicle as per our requirements to once again get your car bonus.
You can find other Q&A about the company products at their website.