Per vehicle retail (PVR) is the best way to measure your F&I programs. Driving that PVR number higher always leads to more profit, but F&I programs usually require customers to increase their monthly payment. AutoPayPlus lets you increase your F&I revenue and help customers pay off loans faster – all without increasing monthly payments.
It works simply by providing flexibility. AutoPayPlus allows customers to automatically pay any installment loan, such as a vehicle loan, in bi-weekly increments, generating an extra payment each year and adding convenience and financial peace of mind for the customer.
AutoPayPlus is ideal for customers sensitive to the size of monthly payments and those who wish to pay of their vehicle faster without altering their budget. And AutoPayPlus can work with other loans they have, providing a handy way to manage all bills.
Contact us to see how AutoPayPlus can boost PVR without boosting monthly payments.
