Through the Click Dealer platform, auto dealers will be able to better manage their used car sourcing, wholesale stock funds, and consumer financing services.
In addition, a brand new used car portal, called ClickStock, was created to begin providing dealers improved access to used cars that are for sale on independent auction platforms.
Auto dealers can source their cars from any of the current auction platform partners and can bid on any item at any time it's available.
Any car that is placed on the Click Dealer platform can then be advertised by any dealer on their own website. That vehicle can be listed for sale to the dealer's customers including images and detailed information.
Whenever a dealer purchased a vehicle through ClickStock it will be transferred automatically onto the Click Dealer platform.
All of these cars purchased can then be financed through V12 Vehicle Finance platform through several wholesale stock funding choices.
V12 offers several services for consumers and through Click Dealer's platform, both companies claim to make the entire purchasing process simpler for the dealer and consumer.
After inputting a consumer's information on the Click Dealer platform once they apply for auto financing and then the dealer can select the 'Near Prime' funding service.
The entire financing process can be completed digitally in several minutes even if the consumer applies online.
David Mercer, Managing Director of V12 Vehicle Finance, said: “Our partnership began by looking at how we could integrate Click Dealer platform processes and systems with our stock funding and consumer finance proposition.
“Our joint vision is to take friction out of all dealer processes to provide confidence and value to dealers, as well as benefit the consumer customer journey.”
Gerry Moxham, Click Dealer’s Chief Visionary Officer added: “We have relationships with over 1,600 independent and franchised dealers and we know how their businesses work in microscopic detail.
“When we start working with a dealer the used car journey from wholesale to retail sometimes involves logging onto as many as 10 different systems which is a highly inefficient use of their time.
“This is a result of systems being developed in isolation rather than with a strategic eye on the complete dealer and end user customer journey which is where the Click Dealer and V12 Vehicle Finance are at.”