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Quick Tips for RouteOne's Credit Application System

Your time is valuable, and we want to make sure you get the most out of it. Even if you use RouteOne daily, you may not be aware of all the time saving features available. Here are a few features you may have overlooked that can increase your efficiency and optimize your workflow.

Dealer Pricing Exception Form

Managing compliance and fair lending requirements can be a challenge. What guidelines does your dealership have in place?

In an effort to assist you in managing fair lending risk, RouteOne offers A Dealers Guide to the Dealer Risk Control Program.  An important feature of this program is the Dealer Pricing Exception Form.  In our 14.6 System Enhancements, RouteOne adopted the NADA version of the Dealer Pricing Exception Form and new functionality was added to this form including:

Part 5 of 5: eContracting: Compliant, Efficient and Customer Friendly

Although eContracting has been around for a long time (we have been entering into electronic contracts for years at department stores and grocery stores every time we sign a signature pad), financing or leasing an automobile through the use of an electronic contract is still a relatively new experience for customers and dealers alike. 

Part 4 of 5: Finance Source Benefits for eContracting

In the beginning, it seemed it was only the captive finance sources who explored the realm of eContracting. Now finance sources small and large are considering eContracting, too, and many are on the verge of participation! This change is being driven by evolving consumer expectations, dealer demand, and the security and efficiency benefits eContracting offers to finance sources.

It’s About the Customers

Part 3 of 5: Why Dealers Should Consider eContracting

What was once a concept of the future is now present in full force. Dealers around the country are beginning to adapt to the eContracting boom. Why are dealers so interested? Here a three key factors.   

Faster Funding and Cost Savings

Part 2 of 5: The Technology behind eContracting

In “Part 1 of 5: A Primer on eContracting from RouteOne,”  RouteOne provided a basic overview of eContracting. This next segment focuses on the “behind the scenes technology” you need to consider when utilizing eContracting at your dealership.

Software as a Service (SaaS)

Part 1 of 5: A Primer on eContracting from RouteOne

This is the first installment of a five-part blog series that will cover the state of eContracting.  Over the coming weeks, we will look at eContracting from a number of angles, including: the technology that makes eContracting possible, legal and compliance considerations, finance source benefits, dealer benefits, and the future of eContracting. To start the series, we at RouteOne will provide a quick primer on what eContracting is all about.

What Is eContracting?

Grow Online Leads With FinanceConnect

According to research published by Google in January 2013 (“Constant Consideration: Brand Choice on the Path to Vehicle Purchase”) 63% of new car buyers begin their search with a specific brand in mind. Of that 63%, only 20% of customers ended up purchasing the specified brand they first searched. As a result, it can be inferred that brand consideration can be open to influence throughout the online shopping process. Does your dealership have a brand image, an online presence, or an online marketing strategy? 

Integrate Your DSP into RouteOne Configure

RouteOne offers integration to over 100 Dealer Service Providers (DSPs).
 

A Newbie’s Guide to F&I

by Marv Eleazer (FI Mgr) at Langdale Ford in Valdosta, GA (Article sourced from www.fi-magazine.com)

When His Madness asked his F&I friends to provide some words of wisdom to F&I newbies, he found a few nuggets of advice for grizzled vets as well.