Finance & Insurance Calculators
The buying habits of consumers looking to take out finance and insurance based products have changed over recent years with the rise in popularity of the internet and the emergence of internet based comparison websites. Consumers are shopping around for the most competitive deal on the market and pre-arranging their deals before they even engage the dealer, thus having a fundamental knock-on effect on the ability for dealers to sell-in additional products and sustain levels of finance and insurance penetration and profitability.
Manheim Retail Marketing offer an innovative, effective and profitable way of combating this buying trend by offering motor dealers the opportunity to present integrated competitive finance and insurance offerings next to the car details the consumer is interested in.
The fully integrated online tool gives consumers the ability to personalise their requirements and apply online allowing them to understand exactly how much a car will cost them each month – all before visting the dealer ensuring you get an even better qualified prospect.
Finance Calculator
Manheim Retail Marketing’s integrated finance calculator provides dealers with a tangible and proven method of providing real calculations to customers using the products of the Dealer’s chosen Lenders.
Consumers can compare finance quotes for hire purchase, lease purchase and personal contract plan and amend details based on annual mileage, deposit and finance term. All returned quotes can then be applied for directly online.
Key benefits:
- Engage customers early on in the sales process – people are less likely to leave your website if all the information they need is on hand
- Consumers have complete control over customising the right finance deal to suits their circumstance
- Finance proposals presented use the dealers’ preferred lenders so are the same as the consumer would find in the dealership
- Commission terms with any lenders are replicated
Insurance Calculator
Manheim Retail Marketing’s integrated insurance calculator provides motor dealers with a unique opportunity to offer a value added service to customers whilst also providing an additional incremental revenue stream.
The calculator is presented against each vehicle a dealer has in stock and offers consumers the opportunity of fixing their motor insurance for up to a 3-year period – giving them complete piece of mind and fixed payments in a turbulent economy,
Key benefits:
- Customer can fix prices for a 3-year period
- Real quotations (not just indicative quotes) provided in around 40 seconds
- Full no claims discount is provided in all quotes
- No FSA ramifications
- Bodyshop repair work is referred back to the dealer
- Dealers receive commission for every policy taken out
