PARITY
Data governs many of the interactions we have with customers in the automotive industry. Data can affect when we do things, how often we do things and when we present the right information back to an existing customer or even a potential customer.
Data governs many of the interactions we have with customers in the automotive industry. Data can affect when we do things, how often we do things and when we present the right information back to an existing customer or even a potential customer.
Data governs many of the interactions we have with customers in the automotive industry. Data can affect when we do things, how often we do things and when we present the right information back to an existing customer or even a potential customer.
In partnership with the leading credit reference agencies (CRAs), we have developed a solution that allow customers the ability to grant access to their vehicle finance agreements.
With a main focus of a duty of care back to the customer, they are made fully aware that the sole purpose of granting such access, is to allow their chosen dealership the ability to monitor their vehicle finance status. This status is around two main areas, i) the ability to monitor their current vehicle outstanding balance, and ii) the current vehicle value.
In partnership with the leading credit reference agencies (CRAs), we have developed a solution that allow customers the ability to grant access to their vehicle finance agreements.
With a main focus of a duty of care back to the customer, they are made fully aware that the sole purpose of granting such access, is to allow their chosen dealership the ability to monitor their vehicle finance status. This status is around two main areas, i) the ability to monitor their current vehicle outstanding balance, and ii) the current vehicle value.
In partnership with the leading credit reference agencies (CRAs), we have developed a solution that allow customers the ability to grant access to their vehicle finance agreements.
With a main focus of a duty of care back to the customer, they are made fully aware that the sole purpose of granting such access, is to allow their chosen dealership the ability to monitor their vehicle finance status. This status is around two main areas, i) the ability to monitor their current vehicle outstanding balance, and ii) the current vehicle value.
Using some algorithm-based calculations, we are then able to predict, with a certain level of tolerance and accuracy, the settlement figure for the vehicle. Pair this with our other relationships with vehicle valuation services, we can plot a credible timeline whereby we can see when the customer and their vehicle will be in “equity parity”.
This situation opens up various options for the customer and also for the dealership. We can open up conversations with the customer months before we predict “equity parity” being reached, or present tailor-made options back to the customer that suit their current budget.
This situation opens up various options for the customer and also for the dealership. We can open up conversations with the customer months before we predict “equity parity” being reached, or present tailor-made options back to the customer that suit their current budget.
This situation opens up various options for the customer and also for the dealership. We can open up conversations with the customer months before we predict “equity parity” being reached, or present tailor-made options back to the customer that suit their current budget.
This also allows us to have the conversation with the customer and understand their circumstances. They may be in the market for a larger vehicle and have the ability to finance a greater value vehicle, or they could be looking to downsize and save some money. With this “forecastable” module, we have opened up the potential of a sale, and at the very least opened up the conversation with the customer to understand their needs and wants.
This also allows us to have the conversation with the customer and understand their circumstances. They may be in the market for a larger vehicle and have the ability to finance a greater value vehicle, or they could be looking to downsize and save some money. With this “forecastable” module, we have opened up the potential of a sale, and at the very least opened up the conversation with the customer to understand their needs and wants.
This also allows us to have the conversation with the customer and understand their circumstances. They may be in the market for a larger vehicle and have the ability to finance a greater value vehicle, or they could be looking to downsize and save some money. With this “forecastable” module, we have opened up the potential of a sale, and at the very least opened up the conversation with the customer to understand their needs and wants.
2026© AU Limitless
2026© AU Limitless
2026© AU Limitless