Solera Launches Innovative Used Car Lending Solution

The massive disrupters in the applied automobile place have a distinct benefit in excess of most franchise and independent dealerships. They possess their personal financing remedy or have a captive funding answer. Solera Automobile Finance supplies franchise and unbiased dealers accessibility to a “captive-like” funding alternative that rivals even the most well known utilized vehicle disrupters.

Solera Auto Finance adds a new competitive funding alternative that fully integrates with Solera’s Supplier Management Techniques (DMS), which include Car/Mate for franchise dealers and iDMS for impartial dealers. Solera Car Finance delivers several persuasive pros:

  • Attracting new prospects – The utilised car market place is much more aggressive than at any time. By giving a uncomplicated funding remedy with an all-electronic, on line solution and aggressive funding fees, Solera believes it will empower dealers to have interaction new consumers in which they are most comfortable executing organization and impress them at every move in the system.
  • Providing a quick, simplified lending solution for consumers and dealers With Solera Auto Finance, car potential buyers can receive financing decisions in seconds. It will also fund the vendor drastically more quickly than the present-day process, which can consider numerous times for lots of franchise and unbiased sellers. Furthermore, as the Solera Car Finance AI-driven technological innovation carries on to experienced, supplier funding time is predicted to shrink to mere hrs.
  • Improving precision – Leveraging the verified AI and data science abilities of Solera, Solera Automobile Finance has made a advanced, highly precise financing resource. Solera thinks this is superior for the dealers and very good for their buyers.
  • Cutting down friction for vehicle prospective buyers and dealers – Solera’s objective-developed financing option layered into its refined dealership programs presents sellers with an improved workflow and a differentiated obtaining encounter for motor vehicle potential buyers.
  • Reducing costs – Dealers who choose edge of Solera Automobile Finance will also qualify for a distinctive benefits method that can decrease or do away with their Solera DMS answer charges.

Solera Vehicle Finance will initially launch in Ga, Indiana, Kentucky, North Carolina, Oklahoma, Virginia, and Washington. Solera aims to add additional than a dozen supplemental states in the quick time period.

Particulars about the application, which includes how to enroll, are available on the new Solera Auto Finance site, Solera Vehicle Finance experts are available at Solera’s NADA booth, 2921, or by way of electronic mail – [email protected].

About Solera

Solera is the major world-wide service provider of built-in automobile lifecycle and fleet management software program-as-a-support, knowledge, and solutions. Through four strains of small business – car or truck promises, car repairs, motor vehicle answers, and fleet methods – Solera is dwelling to numerous foremost brand names in the vehicle lifecycle ecosystem, like AutoPoint, LoJack, DealerSocket, RedCap, Identifix, Audatex, Omnitracs, eDriving/Mentor, Check out, CAP HPI, Autodata, and other folks. Solera empowers its consumers to be successful in the digital age by supplying them with a “just one-end-shop” remedy that streamlines functions, provides knowledge-pushed analytics, and boosts customer engagement, which Solera thinks can help shoppers drive sales, boost buyer retention, and strengthen financial gain margins. Solera serves in excess of 300,000 global buyers and associates in 100+ nations around the world. For more data, go to

Resource Solera Holdings, Inc.