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Solera Launches Innovative Used Car Lending Solution – Solera Auto Finance | News

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WESTLAKE, Texas, March 11, 2022 /PRNewswire/ — Solera Holdings, LLC (“Solera”), the world chief in automobile lifecycle administration, today will unveil Solera Auto Finance at the National Vehicle Dealers Affiliation (NADA) Exhibit in Las Vegas. Solera Car Finance is an integrated funding answer that will allow franchise and independent dealers to deliver aggressive-price car financial loans to the entire spectrum of applied automobile purchasers.

Solera Holdings nowadays will unveil Solera Vehicle Finance at the National Car Dealers Association Demonstrate in Las Vegas.

“We consider Solera Auto Finance’s professional price proposition for franchise and unbiased made use of automobile dealers will positively impression the automotive market,” explained Alberto Cairo, Solera Running Director of Car or truck and Fleet Options. “Solera Vehicle Finance gives our supplier customers with an integrated solution that results in a seamless journey for automobile consumers, accelerates the funding and funding procedures, presents a superior vehicle-getting experience, and minimizes working costs.”

The big disrupters in the utilized auto space have a distinct benefit more than most franchise and independent dealerships. They very own their very own financing remedy or have a captive funding remedy. Solera Auto Finance gives franchise and independent dealers obtain to a “captive-like” funding solution that rivals even the most prominent utilised car or truck disrupters.

Solera Vehicle Finance adds a new competitive financing option that fully integrates with Solera’s Supplier Management Techniques (DMS), which includes Automobile/Mate for franchise sellers and iDMS for independent sellers. Solera Car Finance presents numerous powerful strengths:

  • Attracting new buyers – The utilised car market place is additional aggressive than ever. By featuring a straightforward funding alternative with an all-electronic, online choice and competitive financing rates, Solera believes it will empower sellers to engage new customers where by they are most at ease carrying out organization and impress them at each and every move in the procedure.
  • Providing a rapid, simplified lending resolution for buyers and sellers With Solera Car Finance, automobile customers can receive funding conclusions in seconds. It will also fund the supplier appreciably more quickly than the existing system, which can consider quite a few times for lots of franchise and impartial sellers. Also, as the Solera Vehicle Finance AI-pushed technology carries on to experienced, supplier funding time is predicted to shrink to mere several hours.
  • Strengthening accuracy – Leveraging the proven AI and details science abilities of Solera, Solera Automobile Finance has made a subtle, remarkably accurate financing tool. Solera believes this is excellent for the sellers and great for their customers.
  • Decreasing friction for vehicle consumers and sellers – Solera’s purpose-crafted financing answer layered into its refined dealership purposes offers sellers with an enhanced workflow and a differentiated acquiring experience for vehicle customers.
  • Slicing prices – Dealers who choose benefit of Solera Vehicle Finance will also qualify for a exceptional rewards program that can reduce or eliminate their Solera DMS solution expenses.

Solera Auto Finance will 1st launch in Ga, Indiana, Kentucky, North Carolina, Oklahoma, Virginia, and Washington. Solera aims to insert extra than a dozen more states in the brief phrase.

Information about the system, together with how to enroll, are obtainable on the new Solera Auto Finance web page, solera.com/solutions/car-finance. Solera Vehicle Finance specialists are offered at Solera’s NADA booth, 2921, or via email – [email protected]

About Solera

Solera is the major international company of integrated vehicle lifecycle and fleet management application-as-a-services, info, and services. Through 4 lines of business enterprise – car or truck promises, car repairs, vehicle alternatives, and fleet answers – Solera is house to numerous leading brands in the car lifecycle ecosystem, which includes AutoPoint, LoJack, DealerSocket, RedCap, Identifix, Audatex, Omnitracs, eDriving/Mentor, Discover, CAP HPI, Autodata, and others. Solera empowers its prospects to realize success in the electronic age by providing them with a “1-halt-shop” alternative that streamlines functions, offers information-pushed analytics, and improves shopper engagement, which Solera believes can help clients travel profits, encourage consumer retention, and boost financial gain margins. Solera serves in excess of 300,000 world wide clients and partners in 100+ nations around the world. For far more data, go to www.solera.com.

Cision Look at initial content to download multimedia:https://www.prnewswire.com/news-releases/solera-launches-progressive-used-motor vehicle-lending-remedy–solera-vehicle-finance-301500599.html

Resource Solera Holdings, Inc.



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