Canadian auto sales are rebounding with verve amidst the re-opening of economies after the COVID-19 lockdown. While many consumer buying behaviours have moved online, 78% of Canadians want to buy their next vehicle in the dealership in-person.
As the number of Canadians seeking financing directly from a dealership increases, smart automotive groups can maximize revenue and margins per purchase by enabling relevant protection options at point of sale. Business that can quickly adapt to these changes with relevant solutions are set to reap immense reward in earnings and customer loyalty.
Consumers are spending more time than ever conducting online research before stepping into a dealership. And they want convenience and ease when they’re ready to close the deal. This provides an opportunity for dealers to present customers with all their financing and protection options in a one-stop shopping experience. GAP insurance, warranty products and creditor protection are three great products that easily be integrated into the car-buying journey, and help strengthen the overall experience.
A provider of choice to more than 100 financial institution clients and strategic partners nationwide, we deliver the products, partnerships and expertise so you can easily scale your revenue across all your locations and clients.
Valeyo solutions are designed to adapt to specific customer needs and business goals. If you are looking to grow sales, repeat business, and customer loyalty, contact us to find a solution that meets your business goals.