We’ve told you before about how AutoPayPlus can help you. It’s also an outstanding way to generate more F&I revenue.
AutoPayPlus helps customers better manage their debt and pay it off faster by simply automatically applying bi-weekly payments rather than monthly ones, creating one extra payment every year.
This is a great tool for customers looking to simplify their finances, as AutoPayPlus can provide automatic bill pay services for more than just vehicle loans. Customers can also use it for their mortgages, credit cards, student loans and even monthly expenses like rent and utilities. Paying on time every time will protect their credit and eliminate debt faster.
AutoPayPlus comes with account auditing and credit monitoring as well, so your customers get peace of mind while you add a powerful source of revenue for your F&I office.
The accelerated payments will also put customers in a better position to buy again sooner, and make selling a long-term loan an easier proposition. You can demonstrate how easily it works with this calculator.
Contact us to get AutoPayPlus working for you.