Automotive accelerated Equity Payment Plans allow customers to make half of their monthly payment every two weeks enabling them to build accelerated equity in their autos and reduce their loan term. They are able to trade in their vehicle with reduced wear and tear and mileage increasing the value of the car and giving the customer the ability to purchase a new car sooner through a dealer auto loan accelerated payoff.
Because customers are able to trade in their cars sooner, this means new sales for your dealership. By offering an affordable alternative to traditional loan payments, your sales team will have an edge in closing deals.
Learn more about dealership accelerated equity payment plans and how it could benefit your dealership today!