Mack Trucks announced it now offers its “Mack Financial Services ElectriFi Subscription,” a usage-based leasing option exclusive to new Mack MD Electric models.
Mack said the ElectriFi Subscription allows customers to pay as they go for miles driven with chassis and body, charging, applicable incentives, physical damage insurance and maintenance costs for the term of the agreement bundled into a single monthly payment for simplification. ElectriFi Subscription reduces the customer’s upfront investment while lowering their long-term risk with the option to walk away at the end of the term. Terms are flexible starting at three years, with an option to extend up to a total term of six years, Mack said.
The ElectriFi Subscription also comes with access to Mack’s suite of Uptime services. Along with the ElectriFi Subscription option, Mack said Mack Financial Services also offers ElectriFi Infrastructure and ElectriFi Lease. Mack Trucks and Mack Financial Services can also advise on incentives for infrastructure.
According to Mack, ElectriFi Infrastructure is a turnkey solution that’s available for all purchases or leases. Mack along with third-party partners will assist customers in developing the charging station design, installation, construction, hardware and software needed for new BEV charging facilities, alleviating customer guesswork about what is required for adequate infrastructure.
ElectriFi Lease enables customers to add BEVs into their fleets with reduced upfront investment, Mack said. Customers have access to Mack telematics through the Mack Ultra Service Contract and Mack’s Route Support Services team will help customers analyze existing routes, infrastructure upgrades and integration.
The Mack Ultra Service Contract is a standard five-year comprehensive bumper-to-bumper service contract for the Mack MD Electric and the Mack LR Electric refuse model, the company said. The contract includes telematics with battery monitoring, a high-voltage battery performance guarantee, all scheduled maintenance, all preventative maintenance, all repairs excluding accidents, tires and glass, towing for warrantable failure to the nearest Mack Certified Electric Vehicle (EV) Dealer; and Mack OneCall.
Mack introduced the Mack MD Electric in March 2023.
