Leading the Way to Better Products
Bi-weekly Payment
The Equity Advantage Program is a bi-weekly program that has helped thousands of consumers pay off their auto loan faster and helped drive more traffic into dealerships. · Documented 57% increase in F&I products sold when bi-weekly service used by customer · With the customer accelerating their payoff, the negative equity is reduced and the customer is in a better position to trade in their vehicle sooner · Get the jump on your competition by offering the bi-weekly payment amount instead of the full monthly payment amount in your advertisements. U.S. Equity Advantage, LLC has become the industry leader in the automated bi-weekly processing of vehicle loans. This has been accomplished by leveraging our relationships with MenuVantage and Wachovia, N.A. The Equity Advantage Program is now active in 1000+ dealerships in all 50 states, including two of the major public auto groups.
Dealers, customers can benefit from bi-weekly payment plans Biweekly payments for auto loans are becoming more popular in this tight economy because they offer advantages to both customers and dealers, say vendors and dealers. "It's a no-brainer," said Ray Ciccolo, owner of the Village Automotive Group, of Boston, which sells seven brands. Ciccolo said his dealerships started offering biweekly payments a few months ago. Since his dealerships began offering biweekly payments, Ciccolo said, F&I profits have risen. Click HERE for full article Auto Dealer Group Balise Motor Sales Drives Profits with Bi-Weekly Payment Service In an effort to improve profitability and increase product sales in the F&I Department, Balise Motor Sales Co., began using the U.S. Equity Advantage, LLC, (USEA) automated bi-weekly payment service mid-2008. As a result the company has enjoyed much needed increases in F&I Department profits; a 55% increase in product sold per retail unit and an additional annual F&I product gross of over $1 million. Click HERE for full article
PRWeb August 18, 2009
