"On-Line Finance and Insurance solutions for the Motor Industry"
The last 10 years have seen a fundamental
shift in the competitive base with regards
to Finance and Insurance products
Banks and Direct Lenders were the first to capture traditional 'Captive' motor finance customers. Since then the rise in popularity of the Internet and the appearance of the finance and insurance comparison sites has meant that Motor Dealers have found it increasingly difficult to sustain levels of finance and insurance penetration and profitability.
A major factor here is that the internet based lenders are able to capture customers prior to any showroom visit or other contact with the Motor Dealer. This means that more and more customers are pre-arranging finance and insurance facilities PRIOR to the vehicle sale. Indeed, the Finance and Leasing Association has highlighted the current figure at nearly 60%.
The resulting loss of revenue and reduction of ability to sell 'add-on' products has major ramifications for the Motor Industry. The problem is further compounded by the lack of a uniform and consistent presentation of finance and insurance products within the showroom environment - largely due to pressures of time or incorrect assumptions regarding the customer by the Dealer sales person.
YourCarSolutions provides an innovative, effective and profitable way of reversing these trends. By integrating with your existing web site, YourCarSolutions will allow a Motor Dealer to present finance and insurance offerings in a consistent and professional manner. The pricing of these products is controlled by the Motor Dealer using a simple administration tool.
Provide your customers with a level of web site interaction never experienced before. Control the pricing of your F&I offering. Make your stock more affordable. Give people more reasons to stay on your web site. All possible with YourCarSolutions.