The Offer:

Caterpillar is pleased to announce the Paving National Offer for Mixer VIP Package (RM’s) effective January 1, 2024 – December 31, 2024. This offer includes support for CVA level 1 kit.

The offer is the combination of a level 1 CVA (Convenience) that includes a 2-year preventative maintenance kit with Cat^® Genuine parts with VisionLink^® ConnectPro connectivity. This is combined with a 2-year / 2,000-hour Powertrain + Hydraulic + Technology (P+H+T) Equipment Protection Plan (EPP)..

Inspection and Support:

• STR24RMCVA – Inspection/CVA/Connectivity Support Program (US and Canada)
• STR24RMEPP – EPP Support Program (US and Canada)

Offer Disclaimer:

Offer valid from January 1, 2024 – December 31, 2024, on eligible new Cat Large Rotary Mixers (RM) sold with a CVA Contract. 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. This offer may change without prior notice and additional terms and conditions may apply. The P+H+T EPP is provided through Cat Financial for use at participating Cat dealers.

Frequently Asked Questions:

1. What machine sales qualify for the campaign? The campaign is for Sale Type 1, 2, 3 (w/ approval) and 4 (new machines sold to private customers). RPO, sales type 3, is allowed with Paving TM approval. 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 and support levels for each program. Please refer to GCSS for additional detail.
   

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. Do used or rental conversion machines qualify?
   No. The campaign is for new, Sale Type 1, 2, and 4 machine sales. RPO sales type 3 is allowed with Paving TM approval.
   
   
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 Inspection/CVA Support Program and EPP Support Program 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 are the program codes?
   The programs are in the Global Commercial Support System (GCSS) and are following:
   • STR24RMCVA – Inspection/CVA/Connectivity Support Program
     • CVA – 2 Years/2000 Hours/Parts Kits, Oil Sampling
     • Connectivity – VisionLink ConnectPro Connectivity Services
   • STR24RMEPP – EPP Support Program (US and Canada)
7. 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.
   
   
8. How does a dealer claim merchandising support for the National offer?
   The program codes are STR24RMCVA and STR24RMEPP. This offer may be combined with local RSA support and TAR with Paving Rep approval.
   • 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.
   • Both program codes must be used and cannot be used independently. CVA code only usage requires written approval from local Paving Territory Manager. Use of the EPP only code is prohibited.
   • 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. Each product is eligible for different merchandising support. This National offer supports some products but not all.
   
   
10. Can the 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 a dealer self-insure the EPP portion?
    No, if a dealer claims against STR24RMCVA they are required to purchase the EPP coverage through Cat Insurance and claim against STR24RMEPP.
    
    
12. Could the support offered via the National offer be utilized with alternative service providers chosen by the dealer?
    No, the program is offered through Cat Financial Services Corporation only. There is no cash in lieu of program.
    
    
13. Does the program still apply if a dealer sources a new machine from another dealer?
    Yes.
    
    
14. Can the dealer offer a different EPP term? What is the parts reimbursement level?
    Yes. Other EPP terms are acceptable (e.g., 3-year / 5,000-hour P+H+T) but dealer claim against STR24PAVCVA cannot exceed the actual cost of the EPP or the cost of the 2-year / 2,000 hour coverage. Dealers can offer Premier EPP coverage as appropriate but cannot offer an EPP without a Hydraulic or Technology component (i.e., Powertrain EPP only). Cost of coverage and proof of enrollment will be verified via SIMSi. Dealer Parts repair expense is reimbursable at +25% D/N.
    
    
15. 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.
    
    
16. What type and length of CVA contract is required?
    The signed CVA must at least match the 2-year term of the Inspection and CVA. The CVA should be a level 1 CVA (Convenience) that includes a 2-year preventative maintenance kit with Cat Genuine parts, VisionLink ConnectPro connectivity, and Powertrain + Hydraulic + Technology EPP (available through the associated program).
    

The Offer:

Caterpillar is pleased to announce the Paving National finance offer for Reclaimers/Soil Stabilizers (RM) sold with a signed CVA Contract. This finance offer includes an interest rate of 4.99% on a 48-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: STR24RMUS – 5.14%
• Canada: STR24RMCN – 4.89%

* 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 Reclaimer/Stabilizer 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:
   

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?
   STR24RMUS and STR24RMCN 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 48-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 4.99% for 48-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 48-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 48-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.
   
   
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 + STR24RMUS/CN + STR24RMCVA + STR24RMEPP may NOT 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:
    
    
    • STR24RMUS (Finance Support – USA)
    • STR24RMCN (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 STR24RMUS/STR24RMCN (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 STR24RMCVA and STR24RMEPP CVA/EPP offers be combined with the STR24RMUS/CN finance programs?
    Yes. STR24RMCVA and STR24RMEPP CVA/EPP offers CAN be combined with the STR24RMUS/CN finance 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 4.99% for 48-months if they do not choose to execute a CVA contract?
    No. Customers must sign a CVA contract to take advantage of 4.99% for 48-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.