WebBuy Exits NADA 2019 Ready to Grow Digital-Retailing Solutions via Expansion to F&I - AutoSuccessOnline

WebBuy Exits NADA 2019 Ready to Grow Digital-Retailing Solutions via Expansion to F&I

WebBuy’s digital-retailing app allows buyers to choose a new or used vehicle from a dealer’s inventory and complete the purchase on the dealer’s website.

WebBuy, a fully integrated car-buying application, returns from the NADA Show in 2019 ready to partner with more dealers eager to reach a demographic of customers they’ve never served before. The application will now provide true end-to-end functionality with the impending addition of digital F&I functionality.

WebBuy’s digital-retailing app allows buyers to choose a new or used vehicle from a dealer’s inventory and complete the purchase on the dealer’s website. Buyers land on a car, lock in the dealer’s price, get an instant trade-in offer, receive a real-time loan/lease approval, and proceed to an Amazon-like checkout. They can add dealer or OEM accessories, choose rebates and then complete the deal — all online.

Hundreds of dealerships across the nation are realizing more customers and profit with WebBuy, via their websites and showrooms. With WebBuy, dealers can:

  • Engage a whole new demographic of buyers with a consumer oriented, self-directed purchasing experience
  • Dramatically grow lead quantity with infinitely superior lead quality, containing multifaceted layers of consumer data
  • Provide customers an exact monthly payment, submit to lender and confirm in actual real-time (not pre-approval), get financing/leasing approved, protect dealer F&I profit, and save hours by hanging the paper prior to customer delivery
  • Customize the dealer-centric trade-in functionality to maximize the accuracy of evaluating a trade-in, sight unseen.
  • Accurately determine taxes and fees, including fine-tuning numbers in real time to adjust to never-ending changes
  • Provide accurate and timely rebate and incentive data to maximize efficiency and minimize write-offs
  • Instant, real-time payoff data, to the penny
  • Experience “Amazon-like proceed to check out,” functionality, with dealer determined deposit amount

“WebBuy is the first and only digital retailing solution that truly allows a self-directed consumer to go from A to Z,” said Tom Murray, WebBuy CEO and co-founder. “And it’s dealer-centric, meaning we are not only protecting dealer profit centers, but we’re growing dealer profitability.”

Links:
WebBuy

You May Also Like

Vero, Privacy4Cars Partner on Identi-FI, Identity Theft Protection

Auto dealers within the Identi-FI program will be able to offer Vero’s suite of identity theft tools to customers as a revenue-generating service add-on during the sales process.

Vero announced an exclusive partnership with Privacy4Cars to offer Identi-FI, a full-circle solution that protects against personal data abuses by providing peace-of-mind vehicle data deletion and ID theft recovery.

The solution pairs Privacy4Cars' patented AutoCleared and Vehicle Privacy Report tools with Vero's 3-Generation Fully Managed Recovery (FMR), providing a comprehensive solution that is available now as a membership subscription to qualified auto dealers and distributors.

JM Family Enterprises Names President & COO

As president and COO, Chait will be responsible for all company operations within JM Family, working closely with the senior leadership team to execute on company strategies and drive key initiatives. 

Cars.com 2024 Dealer of the Year Awards

The awards recognize the best local car-shopping experiences across America.

Holmes Honda in Shreveport Receives 16th President’s Award

The President’s Award recognizes superior achievement in customer satisfaction, new-car-unit sales volume and business management.

Tim Lamb Group Brokers Sale of Foothills Lincoln Mazda

The Spokane, Washington, dealership has been rebranded but will be keep all existing Foothills team members at their current seniority.

Other Posts

Service Satisfaction Improves but Appointment Wait Times Continue to Grow, J.D. Power Finds  

According to the study, dealers continue to grapple with parts and labor shortages that are fueling longer wait times for appointments.

700Credit Integrates with One View

This integration will allow dealerships to store sensitive consumer information including credit reports and required compliance documentation through a secure integration into the digital deal jacket.

WarrCloud Study: Cost of Processing Auto Warranty Claims Increases by 28%

The study examined current practices surrounding warranty claims, human resource allocations, and the mechanisms of tracking and streamlining service department costs.

Solifi Launches 2024 Global Leasing Report

The report details insights about the world’s top 50 leasing markets.