Finance provider MotoNovo has launched an online finance calculator for dealers and customers including the option to use any quotations within a proposal.
Similar to the tool launched by Marsh Finance in February, the calculator will establish a price for finance but will then lead in to an online proposal by the customer to MotoNovo, using rates and terms set by the dealer.
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The calculator will be available to MotoNovo dealers using Razsor or Spidersnet as website providers.
MotoNovo, rebranded from Carlyle Finance in February, is also hoping to capture new dealers by offering them a revised set of rates and terms.
Karl Werner, head of sales and marketing at MotoNovo Finance said the future of dealer propositions, and the opportunity to add revenue with increased finance penetration, lay with digital tools.
Because the customer will be self-selecting their finance, they will be significantly more likely to choose dealer finance, because they are in control.
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By GlobalDatarichard.brown@vrlfinancialnews.com
