Fair, a car subscription mobile app, has announced that they will be teaming up with RouteOne, an auto dealer management platform.
The partnership has been forged to give dealers an additional channel to generate sales from their pre-owned vehicle inventory.
By linking to Fair’s vehicle subscription services, RouteOne hopes there will open up more options for consumers who might not normally qualify for conventional auto financing, while also creating more revenue opportunities for its growing network of dealer partners.
Georg Bauer, Co-Founder and Chairman of Fair, said: “Fair continues to propel the car-as-a-service model forward by providing consumers with access to the car they want on their own terms.
“By integrating with RouteOne, more dealers will be able to extend subscriptions to their customers to get them into their preferred car. We see this new integration with RouteOne as a win-win, as we bring the vehicle subscription model to consumers and dealers alike.”
RouteOne’s platform provides a credit application platform that dealers use to connect car-buying customers with sources for vehicle financing.
After transmitting a customer’s credit application to the dealer’s selected finance source, RouteOne displays the credit decision, approval amount and financing terms to the dealer. Dealers are then able to choose the best financing option for the customer.
With Fair as an available finance source, dealers can offer their customers an alternative to traditional financing options to help them get access to a car.
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