The Offer:

Caterpillar is pleased to announce the Q2 Paving Compaction Value Allowance Offer. Effective March 15 – December 31, 2024 qualified compactors can receive value allowance when a qualified Customer Value Agreement (CVA) is sold at the point of sale (POS). Get a cash allowance when CVA is included at POS. Funds can be used for Finance, EPP, CVA or PRICE support. The machine sale must include CVA at POS. A value allowance up to $5,000 for ACOM, PCOM and SCOM models, $3,000 for most UCOM models except the CB1.7 and CB1.8 which are $1,000 credit.

A qualified CVA is defined as a minimum of 1-year preventative maintenance kit with Cat Genuine parts, 1-year of VisionLink Connect or Cat Daily machine connectivity and machine S-O-S scheduled maintenance or an annual TA1 Inspection.

CVA Support Program Codes:

• STR24COM2CVA - Cash allowance credit when a qualified CVA is sold at POS.
  • $5000 value allowance for ACOM, PCOM and SCOM models
  • $3000 value allowance for most UCOM models
  • $1000 value allowance for the CB1.7 and CB1.8 models

Offer Disclaimer: Offer valid from March 15, 2024 through December 31, 2024 on select Cat® utility, asphalt, pneumatic tired and soil compactors sold by participating Cat dealers to customers in the USA or Canada. Purchase must occur during offer period. Offer subject to machine availability. The support offer is to be used toward a Cat^® Customer Value Agreement (CVA) that includes maintenance parts kits; S∙O∙S scheduled maintenance and a minimum of 12 mo Cat^® Daily connectivity. The kit contains the parts for regular planned maintenance under normal operating conditions. In some severe applications where maintenance parts need to be replaced more frequently, additional parts will be at customer’s expense. This offer excludes additional maintenance parts, dealer labor, wear parts, and fluids. The offer is only available at participating Cat Dealers. This offer may change without prior notice and cannot be combined with any other offers. Additional terms and conditions may apply. Contact your Cat dealer for details.

Frequently Asked Questions:

1. What machine sales qualify for the campaign? This campaign is for Sales Type 1, 2, 3 and 4 (new machines sold to private customers). Corporate Account, National Account, Governmental, Global Pipeline managed accounts, and Global Mining managed accounts are excluded.
   
   • Qualifying Machines: At right, is a list of qualifying Cat machine models.
     The value allowance is $5000 USD for ACOM, PCOM and SCOM models listed.
     *The value allowance is $3000 USD for most UCOM.
     ** The value allowance is $1000 USD for CB1.7 and CB1.8. Please refer to GCSS for additional details.  



ACOM	PCOM	UCOM	SCOM
CB7	CW16	**CB1.7	CP11
CB8	CW34	**CB1.8	CP11 GC
CB10		*CB2.5	CP12
CB13		*CB2.5 GC	CP12 GC
CB15		*CB2.7	CP13 GC
CB16		*CB2.7 GC	CP14
		*CB2.9	CP16
		*CB4.0	CP34
		*CB4.4	CP44
		*CC2.7	CP5
		*CC2.7 GC	CP54
		*CC4.0	CP56
			CP68
			CP7
			CS10 GC
			CS11
			CS11 GC
			CS12
			CS12 GC
			CS13 GC
			CS14
			CS16
			CS19
			CS44
			CS5
			CS54
			CS56
			CS64
			CS68
			CS7
			CS74
			CS78




2. Is there a limit on how many machines this offer can be claimed on?
   No, the only limit is which models are included and the date range of the program.
   
   
3. Do used or rental conversion machines qualify?
   No, the campaign is for new machines sales. See question one for Sales Type details.
   
   
4. Can exceptions be requested for machines that are not eligible for the offer?
   No, the campaign only applies to the specified models.
   
   
5. Do the variance caps and other merchandising business rules apply to the offer?
   All business rules for merchandising apply. The CVA Support Offer may be stacked onto standard RSA support but must not exceed the merchandising CAP. Corporate Account, National Account, Governmental, Global Pipeline managed accounts, and Global Mining managed accounts are excluded.
   
   
6. What is the program code?
   The programs are in the Global Commercial Support System (GCSS) under the following code:
   
   STR24COM2CVA – up to $5000 value allowance support when a qualified Customer Value Agreement (CVA) is sold at the point of sale (POS). (Both US and Canada). See GCSS program for actual support level by model.
   
   
7. Is participation in the offer mandatory for dealers?
   No. While this offer will be advertised Nationally in North America, each dealer may choose, on a transaction basis, to use other merchandising programs such as RSA to support a sale. All advertising materials are tagged with “offer at participating Cat dealers only.”
   
   
8. How does a dealer claim merchandising support for the National offer?
   This offer may be combined with local RSA support and other program support and must be claimed with the CVA program (STR24COM2CVA) to receive the value allowance support.
   
   
   • Machine must PIN within program parameters (start and end dates).Quote or signed order date does not apply. Global Machine Pricing – Americas Merchandising is the only group that can approve exceptions for use of these programs beyond program end date.
   • Exception will be allowed if dealer has placed order and has Machine Sales Order (MSO) with estimated delivery date prior to program end date and date has moved due to “Cat Fault” beyond program end date.
   • Exception will NOT be allowed if product is not available until after program end date.
      
9. What if a customer is purchasing a product included in the campaign and one that is not? Can the campaign offer be applied to both products?
   No. The models eligible for the value allowance are defined in the table above and the GCSS program code for the official list of supported models. This National offer supports most compaction products but not all.
   
   
10. Can this National campaign be combined with other retail merchandising programs?
    Yes. This National campaign can be combined with local RSA support and TAR with Paving Rep approval.
    
    
11. Can STR24COM2CVA be combined with GCI National Offer for Soil Compactors?
    No. STR24COM2CVA CANNOT be used with the GCI National Offer for Soil Compactors.
    
    
12. Does the program still apply if a dealer sources a new machine from another dealer?
    Yes.
    
    
13. Can the dealer offer a different CVA term?
    Yes. Other CVA terms are acceptable (e.g., 3-year ) but dealer claim against STR24COM2CVA cannot exceed the actual support level listed in the eligible model list.
    
    
14. Will the customer still qualify for the CVA if they pay cash or prefer to finance their machine independently outside of Cat Financial?
    Yes, customers do not need to finance at Cat Financial to qualify for the CVA offer. However, customers must sign a CVA contract to take advantage of the CVA support offer.


15. What type and length of CVA contract is required?
    The signed CVA must at least match the 1-year term length. The CVA should be a level 1 CVA (Convenience) that includes a minimum 1-year preventative maintenance kit with Cat Genuine parts, Cat Daily connectivity, and S-O-S^SM.

The Offer:

Caterpillar is pleased to announce the Paving National finance offer for Compactors (ACOM, PCOM and select SCOM) sold with a signed CVA Contract. This finance offer includes an interest rate of 1.99% on a 36-month Installment Sales Contract (US) or Conditional Sales Contract (Canada) OR utilize same support for a finance/tax lease. The offer is effective July 1 – December 31, 2024. Contact your Cat Financial Territory Manager for more details.

Finance Program Codes and Support:

• US: STR24COMFIUS – 8.46%
• Canada: STR24COMFICN – 8.27%

* All support percentages are based on the financed amount and from the October 1, 2022 US Cat Financial rate announcement and July 1, 2024 CAN Cat Financial rate announcement.

Offer Disclaimer: Offer valid from July 1, 2024 to December 31, 2024 on eligible new Cat Asphalt, Pneumatic and select Soil Compactors sold with a CVA Contract. Financing and published rate are subject to credit approval through Cat Financial for customers who qualify. Not all buyers may qualify. Higher rates apply for buyers with lower credit rating. Offer available only at participating Cat dealers. Flexible payment terms available to those who qualify. Offer is available to customers in the USA and Canada only and can be combined with local RSA support. Offer subject to machine availability. Final machine prices are subject to change. Offer may change without prior notice and additional terms and conditions may apply. Contact your Cat dealer for details.

Frequently Asked Questions:

1. What machine sales qualify for the campaign? This campaign is for Sale Type 1 (new machines sold to private customers). Corporate Account, National Account, Governmental, Global Pipeline managed accounts, and Global Mining managed accounts are excluded.
   
   • Qualifying Machines: Below is a list of qualifying Cat machine models for this Program. Please refer to GCSS for specific model detail:
     



Compaction Models
CM10	CW16	CS34
CB13	CW34	CP34
CB15		CS5
CB16		CP5
CB7		CS44
CB8		CP44




2. Is there a limit on how many machines this offer can be claimed on?
   No, the only limit is on which models are included and the date range of the program.
   
   
3. Is the Product Support component (CVA contract) required to receive the finance offer?
   STR24COMFIUS and STR24COMFICN must be coupled with a purchased CVA at Point of Sale. Decoupling the required CVA contract and finance offer is only allowed with written approval by the Paving TM only.
   
   
4. Is the customer required to finance for exactly 36-months?
   No. The customer may choose from a different finance term, but the variance level must be equal to or less than the variance listed in the finance offer. All financing is subject to credit approval and credit policy.
   
   The equivalent rates by term are below:
   
   

5. Does the overall support always get to 1.99% for 36-months regardless of pricing tier?
   No. Customers with weaker credit will pay higher rates see question 4 for rate details. RSA can also be stacked on top of national offer to target a lower rate, if needed to close the sale.
   
   
6. What financial products are included in the offer?
   Offer is valid for all financial products including finance leases and operating leases. Leases will receive the equivalent merchandising support that would be applied to a 36-month ISC/CSC; therefore, lease rates will vary. Merchandising can be applied to operating leases to reduce the payment; however, there is not an explicit rate on an operating lease. Offer rate is based on a monthly payment frequency. Other payment frequencies, e.g., annual payments, will receive the equivalent merchandising support that would be applied to a 36-month ISC/CSC. All financial products outside of Installment Sales Contracts (ISC) or Conditional Sales Contracts (CSC) are subject to credit exceptions and credit approval.
   
   
7. Is a customer down payment required?
   The offer is based on a 0% down payment. Down payments are subject to credit approval.
   
   STR24COM2CVA – up to $5000 value allowance support when a qualified Customer Value Agreement (CVA) is sold at the point of sale (POS). (Both US and Canada). See GCSS program for actual support level by model.
   
   
8. Is this offer limited to Diamond (US) or Diamond/Gold (Canada) customers?
   No. However, the variance level does not increase for customers with weaker credit and the applicable rate will apply to the higher pricing tier. Some credit profiles will require credit exceptions and will be subject to credit approval.
   
   
9. What if Cat Financial does not credit approve a customer?
   If Cat Financial doesn’t credit approve a customer, the Dealer may use their standard merchandising programs to structure the machine sale.
   
   
10. Do used or rental conversion machines qualify?
    No. The campaign is for new, see question one for ST details.
    
    
11. Can exceptions be requested for machines that are not eligible for the offer?
    No. The campaign only applies to the specified models.
    
    
12. Do the variance caps and other merchandising business rules apply to the offer?
    All business rules apply. Max total claim of standard RSA (base + disc) deposit + TAR support + STR24COMFIUS/CN + STR24COM2CVA may exceed merchandising CAP. Corporate Account, National Account, Governmental, Global Pipeline managed accounts, and Global Mining managed accounts are excluded.
    
    
13. What are the program codes?
    The programs are in the Global Commercial Support System (GCSS). The program codes are as follows:
    
    
    • STR24COMFIUS (Finance Support – USA)
    • STR24COMFICN (Finance Support – Canada)
14. Is participation in the offer mandatory for dealers?
    No. While this offer will be advertised Nationally in the US and Canada, each dealer may choose, on a transaction basis, to use other merchandising programs such as RSA to support a sale. All advertising materials are tagged with “offer at participating Cat dealers only.” Caterpillar sales variance is intended for use with finance programs when Caterpillar is the lender. Sales Variance cannot be used with dealer finance offerings, nor can it be used with independent lenders.
    
    
15. How does a dealer claim merchandising support for the National offer?
    The program codes are STR24COMFIUS/STR24COMFICN (machine financing). This offer may be combined with local RSA support and must be coupled with purchased Point of Sale CVA unless Paving TM provides exception approval to decouple. For finance related programs, Cat Financial will file the claim on behalf of the dealer facilitated by CapitalStream.
    
    
    • Machine must PIN within program parameters (start and end dates). Quote or signed order date does not apply. Global Machine Pricing – Americas Merchandising is the only group that can approve exceptions for use of these programs beyond program end date.
    • Exception will be allowed if dealer has placed order and has Machine Sales Order (MSO) with estimated delivery date prior to program end date and date has moved due to “Cat Fault” beyond program end date.
    • Exception will NOT be allowed if product is not available until after program end date.
16. What if a customer is purchasing a product included in the campaign and one that is not? Can the campaign offer be applied to both products?
    No. Each product is eligible for different merchandising support. This National offer supports some products but not all.
    
    
17. Can the National campaign be combined with other retail merchandising programs?
    Yes. This National campaign can be combined with local RSA support and local discretionary funds such as TAR.
    
    
18. Can STR24COMFIUS and STR24COMFICN Compaction finance offers be combined with the STR24COM2CVA program?
    Yes. STR24COMFIUS and STR24COMFICN COMPACTION finance offers CAN be combined with STR24COM2CVA offer.
    
    
19. Does the program still apply if a dealer sources a new machine from another dealer?
    Yes.
    
    
20. Will the customer still qualify for the CVA if they pay cash or prefer to finance their machine independently outside of Cat Financial?
    Yes, customers do not need to finance at Cat Financial to also qualify for the CVA offer. However, customers must sign a CVA contract to take advantage of the offer.
    
    
21. Will the customer qualify for 1.99% for 36-months if they do not choose to execute a CVA contract?
    No. Customers must sign a CVA contract to take advantage of 1.99% for 36-months.
    
    
22. What type and length of CVA contract is required?
    The signed CVA must at least match the Caterpillar minimum CVA definition. The CVA should be a level 1 CVA (Convenience) that includes a at least a 1-year preventative maintenance kit with Cat Genuine parts, SOS or TA1 inspection, and Cat Daily connectivity.
    
    
23. Is First Right of Refusal available for Dealers whose customers get a better rate through a 3rd party finance company?
    No, Caterpillar sales variance is intended for use with finance programs when Caterpillar is the lender. Sales Variance cannot be used with dealer finance offerings, nor can it be used with independent lenders. Caterpillar merchandising programs are continuously monitored to ensure merchandising dollars stay within the enterprise.