Dealers have always needed a range of tools to help them complete a car deal. When they add a finance agreement into the deal this becomes even more difficult as the dealer has to try and find a lender for the finance package. The problem facing dealers now is that consumers are holding off on finance deals to see if they can find their own finance packages at better rates. Dealers are running the risk of losing sales as consumers turn to the internet and comparison sites to find the best deal.
This has left dealers looking for a solution to instantly secure their customers into a deal. It’s a nightmare for a dealer when they have a customer ready to purchase one of their cars but they can’t source a lender for the finance agreement. In the current climate liquidity has reduced and the amount of lenders available to dealers has also decreased. This has left dealers struggling to complete sales because they can’t provide a finance solution. This gives consumers the chance to go and find their own finance and in some cases even find an alternative vehicle.
This is why Dealerplus have created a unique software platform which can offer dealers the ability to give an instant lending decision. Now dealers can offer finance in confidence because as soon as they enter the customer’s details into the software, they are given a choice of available lenders to the customer. This instant decision is saving the dealer and the customer time, effort and money.
The Dealerplus software uses a unique system which checks a comprehensive range of lenders, allowing the dealer to offer a finance package to a variety of customers with varying levels of credit history. This is helping dealers around the country to increase their efficiency and complete sales quicker than ever. The software also gives dealers the ability to create trade to trade deals, advertise aging stock and advertise current stock through the top online advertising sites.
Shaun Armstrong, Managing Director of Dealerplus, stated “In the current climate where dealers have reduced lending options and tighter efficiency targets from lenders, dealers require an instant underwriting solution. That’s why we created Dealerplus. Not only are we the only providers in the industry that can give an instant lending decision, but we also provide the range of tools needed to help dealers succeed.”
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