dealer centric get pre-approved in seconds overview
TRANSCRIPT
The most powerful tool to capture customers and sell more vehicles…Guaranteed!
Standard Dealer Credit Application Process
77% of consumers use the Internet to research vehicles before they buy. Engage and convert consumers from the shopping cycle to the buying cycle. Get Pre-Approved in Seconds dealers average a 500% increase in monthly credit applications.
• Integrated On-line application with instant pre-approval– Dealer defines credit criteria and par– English & Spanish application to engage a wider customer base
• Generates highest quality leads from your own websites• Use it however, wherever, as often as you want
– Your website, Auto trader, Cars.com, Craigslist, etc• Built-in address & age verification• Red Flag, GLB and FCRA compliant• Integrates with any CRM• Pushes applicants information to RouteOne and DealerTrack • Blogging & Chat integration tools• Email, text, and alert notifications• 60 day performance guarantee
Industry Leading Partnerships Include:
“Get Pre-Approved In Seconds” Results
‘Get Pre-Approved in Seconds’ pre-approves online customers instant ly based on dealer def ined credit criteria. This appl ication attracts qualif ied consumers seeking a better purchase and f inance experience.
The ‘Get Pre-approved in Seconds’ program offers a high-quality user experience for Spanish speaking customers.
Upon completing the quick app, a credit report is pulled and pre-approves consumers based on dealer defined credit criteria such as minimum credit score, time on credit report, high credit etc.
Compliance and SecuritySecure Application and Data Storage
– Highest security standards– Secure delivery of applicant data
Address & Age Verification– Address must be valid– Suppresses all applicants under 18 years old
Red Flag, GLB and FCRA Compliance– Provides necessary disclaimers, privacy policy,
security and certification authorization statements– Flags discrepancies between consumer provided
information and credit report for compliance reviews– “One-Click” Adverse Action Processes
Compliance and Security Risked Based Pricing…We have you covered!
Automated follow-up email Consumer Credit Score Disclosure
When a consumer completes the first page of the credit application and clicks ‘Accept & Submit ’ button they receive an automated email response.
Provides access to secure login page where consumer may view complete credit application, and credit score disclosure.
Integration to Existing Workflow
CRM– Pushes contact and vehicle request info to CRM – Works with all major CRM solutions
Inventory – Unites customer, credit application and specific vehicle– Allows data provider to append VIN to credit app
RouteOne and DealerTrack Integration– “One-click” application submission, no re-typing
View Credit Application, Score & Report
Dealers may view and/or print the consumer’s credit score disclosure & complete report, credit application, email communications and any disclosures - all from one location.
Dealer Testimonials"The Get Pre-approved in Seconds program has increased our own website's finance applications by 400%. At the same time, we've improved the quality of our communications with our guests, as well as the sales closing ratio of our third party leads." - (Longo Toyota, #1 Auto Dealer in the World)
“The quality of the lead has improved dramatically using the “Get Pre-approved in Seconds Program and our volume of credit applications is up about 50%”- (Norm Reeves Honda - #1 Honda Dealer in CA)
Dealer Testimonials“We increased our website credit applications by 357% in our first month. The “Get Pre-Approved” Program has proven to be a core component of our Internet strategies for all our franchises." - (Mile One Automotive Group – 63 Franchises)
“We tried knock-off products of the “Get Pre-Approved” program. They did not work. This real deal generates over 500 apps for us each month. - (Towbin Dodge - #1 Dodge Dealer in the U.S.)
We received 550 quality leads in one month from the “Get Pre-Approved” Program – at a cost of $.54 per lead. This is not a misprint! - (Red McCombs Automotive, former e-Dealer of the year)
Maximizing Your Sales Results & Profits Go where your customers are going – The Internet! “GPIS” engages customers with a Quick, easy, and hassle free application process Utilize your “Get Pre-Approved In Seconds” banner anywhere on the Internet
Social Media Sites
DealerSites
3rd Party Sites
Craigslist, Cars.com
AutoTrader, eBay Motors