FLADCO News

Help Buyers Pay Off Loans Faster and Add F&I Revenue with AutoPayPlus

Posted by Mark Mackson on Sep 18, 2019, 5:45:00 AM

As prices for new and used vehicles keep rising, finding innovative financing solutions for customers is critical to closing more deals. And as auto loan terms continue to set records, longer loan terms are becoming commonplace.

As prices for new and used vehicles keep rising, finding innovative financing solutions for customers is critical to closing more deals. And as auto loan terms continue to set records, longer loan terms are becoming commonplace.

AutoPayPlus allows customers to manage their finances and pay down their loans more quickly while delivering a new source of F&I revenue for dealers.

AutoPayPlus works by simply paying down the loan more quickly due to its program of bi-weekly payments providing the equivalent of one extra payment per calendar year – an easy budgeting move that matches most pay cycles and makes a substantial impact in battling debt. The program offers many benefits for consumers:

  • Faster payments deliver interest rate savings
  • Reliable payments backed by audits help restore and build credit ratings
  • Customers can add any loan type they want to AutoPayPlus, including mortgage, credit card and student loans
  • Excellent customer service, with an excellent rating of 4.5 stars on Trustpilot
  • The included Plan & Protect Services Bundle provides credit monitoring and reports from TransUnion and vehicle value and service/recall monitoring from Kelly Blue Book

AutoPayPlus is available for both auto loans and leases. The flexible program helps dealers:

  • Earn more F&I revenue through a value-added offering
  • Close sales with customers uncomfortable with lengthy loan terms
  • Make future purchases more likely by helping customers avoid negative equity, pay off vehicles faster and continuously remind them of trade-in terms.

Put AutoPayPlus to work for your customers and F&I office by contacting FLADCO today.

 

  Learn How

 

Topics: f&i, increasing profitability, finance, loans, interest


Mark Mackson


Mark is the Founder and CEO of Fladco.
He has over 30 years of Financial and
Group Purchasing experience.

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