It is in the dealership’s best interest to be proactive in addressing the customer’s understanding of auto loans and savings, and to clarify the benefits of financing through the dealership.
There are turnkey crypto payment and loan platforms that allow dealerships to accept crypto as payment and make it easy for F&I managers to shop for crypto-secured loans.
Offering a white label finance brand streamlines the purchasing process for the customer and puts you in the driver’s seat with the client throughout the life of their lease or loan.
Dealers must offer the right F&I products that are uniquely matched for used and CPO programs.
The ability to offer loan modifications can mean the difference between margin retention and partial or total loss for lenders.
Many customers will walk away without making a purchase if they don’t know about your credit options or they are somehow confused by the offer.
Universal Lenders, creator of the ZERO Plan, wins the Dealers’ Choice Diamond Award for Best F&I Product Financing Company
The ZERO Plan by Universal Lenders has been awarded top honors taking the diamond award in the 2019 Dealers’ Choice Awards for best F&I Financing company voted on by auto dealers nationwide.
FICO Survey: Auto Dealership Financing Holds Strong Among Consumers while Online Loans Gain Traction
The research looked at how consumers view the financing of their new and used vehicle purchases, as well as how vehicle finance companies are currently meeting customer expectations.
Amber Smith believes one way to provide Lakeland Toyota customers with excellent service is by offering convenient payment options on vehicle repairs and service. See how Smith utilizes Synchrony Car Care’s Promotional Financing and more to grow incremental business at the Lakeland, FL, dealership.
Like a ton of bricks. Like a smack in the face. Like an unforeseen major auto repair.
Maybe that last one isn’t as well known a cliché as the first two, but it’s just as relevant and, for many drivers, just about as uncomfortable.
After the retail giant piloted the CarSaver program successfully in multiple markets with dealers, including AutoNation, they are building a network of certified dealers to service Walmart’s 250 million customers and 1.5 million employees across the country.
Some drivers have been raised with a skepticism of mechanics and service writers. Steve Roe of Synchrony Car Care shows how you can help customers manage costs and feel more confident in their service purchases.