Affordability: The Important Missing Detail in a Car Buying Decision
Affordability: The Important Missing Detail in a Car Buying Decision
By: John Giamalvo, VP, Dealer Services, Automotive Elements of the car shopping process have certainly moved upstream to the consumer over the last 25 years, and not just because of the internet. Massive make/model competition, longer finance options, leasing, certified pre-owned, and simply cars that last longer contribute inherently to more consumer data to manage. With the multitude of advertising mediums available, messaging to consumers changes quickly in the current auto climate. Consumer access to information is certainly easier than ever with today鈥檚 desktop and mobile tech鈥..
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In today鈥檚 鈥渃heap money鈥 environment, it is almost impossible to find a manufacturer ad that doesn鈥檛 close by touting an aggressive lease deal or an amazing 0% captive finance offer -to -buy. These offers certainly conjure up the 鈥渂uy it now鈥 message, but this type of messaging tends to abandon consumers looking to learn whether or not they qualify for the deal. Clarity around affordability may be the most important missing detail of all for a consumer to make a final purchase decision. A recent look at Internet search queries in the auto sector revealed a strong and growing desire of consumers to understand their credit and qualifications prior to visiting a dealership.
So, why not provide information and access to that information while a shopper is on your website鈥攕hopping for a car? Providing information that customers want, when they want it, helps builds trust. Doesn鈥檛 it stand to reason that the dealer who does gains customer trust has the best chance of capturing their business? The customer鈥檚 choice of car and payment options are more focused. The time at the dealership is shortened. Also, the consumer鈥檚 fear of not qualifying for the very deal that enticed them to come in is eliminated. In addition, the customer is no longer anonymous to you.
When you think of 香港六合彩玄机, you may think of us as just a credit bureau. However, with credit data as our foundation we offer solutions that can solve issues for both the dealer and the consumer at various points and for various reasons in the auto loan process. Perhaps it鈥檚 simply providing the consumer鈥檚 score, a more exact payment calculator, or even understanding customer鈥檚 current equity to present an offer; our real-time solutions are a perfect fix! For more information on how 香港六合彩玄机 can help you give consumers insight into affordability, contact us.