The most comprehensive automotive digital retailing commerce platform with real-time lender decisioning
AutoFi is changing the automotive shopping experience by delivering F&I innovation and digital retailing for dealerships, consumers, and lenders. Customers can instantly engage and structure their deals remotely or in the dealership. Like PayPal’s checkout process did for small businesses, AutoFi’s purchase process allows for digital commerce to come to life for retail automotive. A customer is able to shop for a vehicle, value their trade, submit credit applications, and review actual offers from lenders in a fast, seamless, and mobile-first experience.
With AutoFi, customers can build and work their own deals online or in-store 24/7, whether on their own or with a salesperson. Customers can receive real-time lending decisions within 90 seconds from captive lenders and partners of ours like Chase, Santander, Bank of America and others. AutoFi dealers are selling 13.5 vehicles per person per month on average versus 9.75 per month, a 39% jump. Dealers using AutoFi enjoy a PVR of $1761, 51% above baseline levels.
Pricing & Packages Enroll
Real Deals in Real Time
AutoFi is leading the way in automotive eCommerce, financing, and digital transaction enablement
- Our solution is used by thousands of franchise dealers, major dealer groups, digital dealers, and marketplaces
- Consumer-facing, real-time credit decisioning in 60 seconds or less from an expansive network of over 40 lenders
- Online and in-store sales tools enable a seamless and shared experience
- Deals sent directly into your RouteOne or Dealertrack
- Deal Center for dealer control and personalization
- An extensive network of partner integrations
- Regular in-store visits from our Dealer Success team to help your team maximize your dealership’s performance, increasing ROI and customer satisfaction
Deal Center
Centralized hub extending the power of your sales desk
Deal Center is AutoFi’s dealer portal that extends the deal-making power of the sales desk to everyone in the showroom, from the BDC to sales to F&I and management. Expanding upon the AutoFi commerce platform that customers engage with on your website, Deal Center empowers your staff to more effectively work deals through a shared experience with the customer - both online and in the showroom. This adds trust, efficiency, and profit to the sales process.
- Send Remote Deals to customers via chat, text, or email
- Empower salespeople to pencil deals with customers, with management guardrails
- Give managers visibility into every deal
- Run soft credit pulls to lock customers into deals that fit their needs
- Provide PTI and LTV calculations and make adjustments in real-time
- Offer real-time financing approval alleviating bottlenecks in F&I
- Help customers submit a digital credit app, with instant decisioning
- Present firm credit offers from AutoFi’s network of 40+ lenders (or your current banks)
- Compare vehicles side-by-side, with details including your rates, markups, and F&I products
Trade Appraisal
Flexible trade-in valuation workflows
- Present trade-in estimate to consumers as they build deals
- Provide an instant cash offer with AccuTrade, CarStory (Vast), or TrueCar integrations
- Set trade value after reviewing of vehicle survey
- Empowers you to acquire desired inventory for your used car departments
Customer re-engagement
Quick Quote Remote Deals
AutoFi offers an automated remote deal option called Quick Quote that works for you 24/7 to personalize deals by including a remote deal link in CRM-generated responses. Your staff can build and send deals to customers through text or email, and make adjustments in real-time.
Quick Quote remote deals have a 73% open rate. That’s almost four times higher than traditional email. In addition, we know that dealers using Quick Quote see a 96% increase in scheduled appointments and a 234% increase in credit apps.
Credit Estimator
Multiple ways to get consumers credit
- Maintain control while giving consumers transparent information
- Access custom lender routing rules, rate markups, and bank fee thresholds
- Tap into direct integrations with RouteOne and Dealertrack
CRM Integration
Customized to work with your CRM
- Specify CRM integration rules to match your existing system
- Maximize close rates and PVR
- Create the first pencil for each customer and push it to your system
Why AutoFi
Just the numbers
- 24/7 Sell cars and get trade-ins around the clock
- Sell an average of 1.5 F&I products before consumers even step into the showroom
- 200% increase in closed deals. 2x above the average automotive industry rate