Benefits Dealers

» New, Unique, Amazing F&I Product to Offer
This F&I product does not compete with any other products that your dealership has to offer and does not change the retail contract. This product is compatible with all lenders. It is the only product that is designed to help customers actually PAY OFF their car sooner, while at the same time not  “raising” their monthly payment like a warranty or gap insurance does. Most dealers are unaware that they can set up automatic withdrawal for their customers.

»  Sell More Vehicles, Better CSI
Statistics show that the more options you can offer customers, the more vehicles a dealership will sell and the happier those customers will be. Offering the customer a way to pay off their vehicle sooner will actually improve your CSI (Customer Service Index).

» Compete With Credit Unions, Higher Finance Penetration
SmartLoanPay gives your Finance Managers a way to compete with outside lenders. You can offer something they may not have and be able to capture the customer’s financing at the dealership. SmartLoanPay will provide your dealership with a new way to show customers a benefit, they normally would never think of, and gives them a reason to obtain their auto loan AT YOUR dealership instead of the Credit Union.

» No Contracts/ No Cost
That’s right: You will not pay anything to have SmartLoanPay at your dealership. Our policy is “If you don’t like the program, stop using it.” However, we are confident that once your Finance Deptarment starts using the program and you see the success it brings, you’ll never want them to stop using it!

» Increased Income for the Finance Manager
Give your Finance Department a “pay raise” on us; by enrolling with SmartLoanPay your Finance Department will have the opportunity to make more money without the dealership having to pay for it! This will make your business more profitable and create a more positive relationship with your Finance Department all while providing a service for your customers that makes them happy!

» Shortens Customers Trade Cycles
Customers that have been using SmartLoanPay will owe less on their vehicles, hence making it easier for them to trade and buy another vehicle from your dealership!

» Increase Finance Product Penetration and Revenue
Offering the SmartLoanPay program allows customers to “go ahead and get that warranty or gap insurance” that, if paid on a monthly basis, might have seemed “too high,” but by having 1/2 the payment withdrawn every two weeks, it may appear more affordable to them.

» New Advertising Tool
When you use SmartLoanPay you can advertise a $150 car payment at $75 bi-weekly! This will drive more customers to the dealership and then give your sales department a way to then put that payment together for them! Keep in mind, on top of the low bi-weekly payment, the TERM will also be reduced.