Car buyers can instantly apply for financing directly from a dealer’s online store, finalizing transactions, including F&I, from the safety and comfort of their homes
Digital Motors, which is revolutionizing the way car dealerships sell their vehicles online, announced a strategic partnership with digital financing innovator eLEND Solutions to facilitate an integrated auto buying and financing experience.
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Digital Motors is revolutionizing the way car dealerships sell vehicles online!
The integration ensures that auto dealers get precise information about each customer’s credit qualifications and, therefore, can transact on the quoted vehicle payments. This actively moves customers down the sales funnel, transitioning them from shoppers into buyers – all from the convenience and safety of their homes. Through this integration, buyers of new or used vehicles of all major brands can configure purchases directly from the dealership’s website and instantly apply for leasing or financing online.
“The integration of digital financing seamlessly extends online browsing into online car buying, significantly speeding up the sales and F&I process,” said early adopter Jon Gray, President of Orange Coast Auto Group, a major Chrysler Dodge Jeep Ram FIAT dealer. “This platform is key to our mission to get customers through the entire process in under an hour.”
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Digital Motors provides state-of-the-art online stores for car dealerships as an extension to their existing websites. Car buyers are presented with transactable lease and finance offers on VIN-specific vehicles in inventory. With the help of eLEND Solutions, consumers can instantly apply for credit online and get access to the same lease and finance options presented at the dealership.
With more and more customers conducting their purchases remotely, dealerships need robust online stores that allow dealers to transact with customers rather than merely capturing leads.
“The partnership with eLEND Solutions provides our dealer clients with additional online store capabilities,” explained Andy Hinrichs, CEO of Digital Motors. “A fully integrated digital purchase and finance experience increases online sales conversion and drives efficiencies for the retailer.”
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