Remove Finance Remove Pre-Qualify Remove Technology
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90% of Auto Dealers/Lenders Link AI-based Pricing to Inaccurate Quotes

Dealer World

In fact, over 70% of respondents agree that having finance involved in the deal flow prior to the first pencil, digitally or otherwise, would improve the process for all parties. Only 43% said “payments tied to jurisdiction sales tax, license and registration fees,” PLUS actual customer pre-qualified to a specific lender decision.”

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Carvana Now Applies $4,000 Used EV Tax Credit Instantly At Checkout

Carscoops

Buyers must meet income and other requirements to qualify for the credit. Consumers seeking pre-owned electric vehicle or plug-in hybrids in the United States can now benefit from a streamlined tax credit process offered by online used car retailer Carvana. .”

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Capital One Introduces Digital Lead Generation Tool for Auto Dealers

AutoSuccessOnline

Capital One Auto Finance has rolled out a new digital prospecting tool that allows dealership sales teams to capture leads through tap-to-scan technology, expanding their reach beyond traditional sales environments. The pre-qualification process takes just minutes, providing customers with actual rates and payment information.

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Leveraging Emerging Technologies: How AI and Chatbots Are Transforming Customer Engagement in Automotive Dealerships

Shawn Ryder

The automotive industry is undergoing a significant transformation with the introduction of emerging technologies, particularly artificial intelligence (AI) and chatbots. Lead Generation: Chatbots can collect customer information and qualify leads before handing them off to human sales staff.

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New tech can help dealers deliver good Consumer Duty outcomes, says iVendi.

Motor Trader

New technology is needed to help dealers deliver positive outcomes in relation to Consumer Duty, says iVendi. Most of the major providers in the motor finance market are switching to a risk-based pricing model. It is very much the direction in which the market is moving. There are obvious advantages for the lender and the consumer.

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Automatic Forms Alliance with Karus

AutoSuccessOnline

Automatic , a fintech company facilitating connections between automotive lenders and independent, pre-owned vehicle dealerships, integrates fully with Karus. Automatic’s LOS offers lenders an unprecedented opportunity to view only pre-qualified loans based on their specific loan criteria.

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Steps and Tips on How To Buy a Supercar

Car Examer

Consider factors such as engine power, handling, technology features, and brand reputation. New supercars offer the latest technology and performance enhancements but come with a higher price tag. If you’re buying a used supercar, consider hiring a qualified mechanic or inspector to conduct a comprehensive inspection.