Automotive Lender Intelligence
Introducing an exciting new analysis tool that may be the financing solution you’ve been seeking.
Every dealership wants targeted financing accuracy, improved efficiency and greater profitability. Automotive Lender Intelligence, an innovative new product from J.D. Power available to Zurich’s dealership customers, can help you reach those goals and enhance your reputation with consumers.
Even with a thorough knowledge of your lenders’ programs, selecting the best financing option for each vehicle sale and customer can be complicated and time-consuming. Automotive Lender Intelligence streamlines this process to increase efficiency and precision, saving time for the dealership and the customer while helping maximize gross profit on every deal.
“As the complexity of the deal develops — maybe the term or selected F&I products change — it’s a mistake to assume the initial lender is still the best option without checking against all available financing solutions,” explained Jeff Stafford, Vice President of Sales at J.D. Power. “You could very well be leaving money on the table.”
The impressive technology of Automotive Lender Intelligence connects industry-leading vehicle valuations from J.D. Power with financing data directly from your preferred lenders in a matter of seconds. Each deal is evaluated to find the best solution for your customer. The programming takes into account the specifics of each transaction and quickly identifies any errors, helping prevent issues that could delay funding the deal, or loan defaults in worst-case scenarios.
Ease of use was prioritized in developing Automotive Lender Intelligence. It integrates seamlessly into your J.D. Power Darwin F&I dashboard and quickly shows new financing options as details of the transaction change. Your finance professionals won’t need to rely on printed bank rates and guidelines. Best of all, with a more definitive view of the preferred financing solution, your customers can discover they have more to spend on vehicle protection products or value-added services.
Your dealership’s ability to quickly ensure the transaction is meeting lender guidelines can result in less time completing the transaction. Less time in the F&I office not only helps improve the customer experience, it allows your sales professionals to be more efficient.
“Right now, many F&I managers are not able to see all the financing options in one place, because every lender has their own portal and separate guidelines,” Stafford said. “Having an integrated view of all lender programs in one place, at the click of a button, without having to make assumptions based on limited information; it helps dealers maximize every opportunity.”
Contact your Zurich representative for more details or to request a demo of Automotive Lender Intelligence.
Here’s what one customer had to say about Automotive Lender Intelligence:
“I think the vision for Automotive Lender Intelligence is spot on. It’s a game-changing product that makes finance managers more productive. I believe it also has the ability to reduce turnover in the finance office, as I’ve seen a lot of people come and go due to lacking the information it takes to be successful.”
Abu Tayf Finance Director Lakeland Automall of Lakeland, Florida
Discover more and enroll at fixedopstraining.zurichna.com.
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8 AUTOMOTIVE LENDER INTELLIGENCE