{"id":8518,"date":"2024-07-29T14:32:06","date_gmt":"2024-07-29T19:32:06","guid":{"rendered":"https:\/\/www.coxautoinc.com\/retail\/resources\/increase-dollars-per-ro-with-flexible-customer-financing\/"},"modified":"2024-12-26T12:06:00","modified_gmt":"2024-12-26T12:06:00","slug":"increase-dollars-per-ro-with-flexible-customer-financing","status":"publish","type":"resource","link":"https:\/\/www.coxautoinc.com\/retail\/resources\/increase-dollars-per-ro-with-flexible-customer-financing\/","title":{"rendered":"Increase Dollars per RO with Flexible Customer Financing"},"content":{"rendered":"<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-1 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:66.66%\">\n<p>Are you leaving money on the table? With <strong><mark style=\"background-color:rgba(0, 0, 0, 0);color:#387092\" class=\"has-inline-color\">36 percent<\/mark><\/strong> of consumers unable to pay for a $500 auto repair, it\u2019s no wonder so many ASRs go unsold.<sup>1<\/sup> Many forwardthinking dealers offer service financing options, but it\u2019s likely that their current solutions require a separate system. And shuffling between platforms hurts advisor efficiency and makes for a sub-optimal consumer experience.<\/p>\n<p>Now, you can present your customers with a streamlined service financing option that is fully integrated with Xtime. FlexPay financing can be offered at multiple touchpoints to consumers who are unsure about paying out of pocket for a service expense. You can sell more services with an easy-to-use, fully integrated service financing solution that helps to drive additional dealership revenue.<\/p>\n<\/div>\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:33.33%\">\n<hr class=\"wp-block-separator has-text-color has-alpha-channel-opacity has-background is-style-wide\" style=\"background-color:#f7951d;color:#f7951d\"\/>\n<div style=\"height:0px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n<h1 class=\"wp-block-heading has-text-color has-link-color wp-elements-1b6664fd02389ed378de11cad9d65b0a\" style=\"color:#f7951d\"><strong>76%<\/strong><\/h1>\n<p>of consumers have said they are more likely to make a purchase if a simple and seamless payment plan is offered.<sup>2<\/sup><\/p>\n<\/div>\n<\/div>\n<hr class=\"wp-block-separator has-alpha-channel-opacity is-style-wide\"\/>\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n<h3 class=\"wp-block-heading\">Features and Benefits<\/h3>\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-2 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<p class=\"has-text-color has-link-color wp-elements-e2f25bbf6ad4c7a0ed01098cee4fd8f7\" style=\"color:#387092\"><strong>Simplify the Sales process<\/strong><\/p>\n<p>With seamless Xtime integration, FlexPay makes it easier and more efficient for consumers to apply for service financing, resulting in higher close rates and a better consumer experience.<\/p>\n<\/div>\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<p class=\"has-text-color has-link-color wp-elements-586b392a7b4abef366845f1e9ec31f50\" style=\"color:#387092\"><strong>Deliver Consistent Presentation<\/strong><\/p>\n<p>FlexPay offers a consistent presentation of your service financing through several different touchpoints within Xtime.<\/p>\n<\/div>\n<\/div>\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n<h4 class=\"wp-block-heading\"><a href=\"https:\/\/xtime.com\/flexpay\/\">To learn more about FlexPay, click here.<\/a><\/h4>\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n<ol>\n<li><em>MarketWatch Home, &#8220;Are Americans Ready for an Unexpected Car Repair?&#8221; 2023.<\/em><\/li>\n<li><em>Citizens Point of Sale.<\/em><\/li>\n<\/ol>\n","protected":false},"excerpt":{"rendered":"<p>Are you leaving money on the table? With 36 percent of consumers unable to pay for a $500 auto repair, it\u2019s no wonder so many ASRs go unsold.1 Many forwardthinking dealers offer service financing options, but it\u2019s likely that their current solutions require a separate system. And shuffling between platforms hurts advisor efficiency and makes<\/p>\n","protected":false},"author":0,"featured_media":8519,"template":"","categories":[],"tags":[],"resource-format":[30,45],"topic":[],"funnel-phase":[42],"audience":[],"persona":[],"product":[],"program-series":[],"eligible-for-automation":[],"lifecycle-of-automotive":[],"brand":[46],"class_list":["post-8518","resource","type-resource","status-publish","has-post-thumbnail","hentry","resource-format-blog","resource-format-newsletter"],"acf":false,"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Increase Dollars per RO with Flexible Customer Financing - Cox Automotive Retail<\/title>\n<meta name=\"description\" content=\"Increase dollars per RO with flexible customer financing options. Explore the benefits and boost revenue at Xtime.com.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.coxautoinc.com\/retail\/resources\/increase-dollars-per-ro-with-flexible-customer-financing\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Increase Dollars per RO with Flexible Customer Financing - Cox Automotive Retail\" \/>\n<meta property=\"og:description\" content=\"Increase dollars per RO with flexible customer financing options. 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