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The industry's ultimate in AI-assisted, click-through convenience for auto buyers with approved loans.
New Experience Standard
For most people, buying a car is a significant event. Unfortunately, the process involves making a myriad of decisions in areas most consumers are unfamiliar. "Do I purchase a new or used car?' "What is quality or reliability rating of the auto?" "What will the impact be to my insurance rates?", "Am I making the right choices with my auto loan?", etc., etc. Many have also experienced spending hours and hours in an auto dealership on a Saturday when they'd rather be driving their car, enjoying the weekend with family or friends. No worries. CarBots is here to help. With CarBots auto buyers have expert AI assisted support to guide them every step of the way, ensuring the best decision making, and a faster, more convenient experience.
Lender
The CarBots process starts with an approved auto loan, which is then synchronized with the buyer's auto shopping selections. A mismatch in a loan approval amount and funding required for the ultimate auto a buyer selects can significantly increase the amount of time required at the dealership when the purchase transaction is executed. This feature ensures the best possible outcome for the buyer, the lender and the auto dealership. The buyer purchases the auto they can afford and understands the loan terms, the lender facilitates the loan required, and the dealership understands the funding parameters of the sale transaction.
Dealer
Auto dealerships have significant inventory, operating overhead and customer acquisition costs, which results in thin profit margins. CarBots is designed to benefit dealers by increasing sales velocity, rate of inventory turn, reducing customer acquisition cost and increasing dealer's customer satisfaction ratings / index. This dealership alignment translates into big benefits for auto dealers. And buyers win by getting the auto they want via a faster, more convenient and rewarding process.
Online Market Breakthrough
The online auto marketplace continues to experience major growth and is projected to increase to $500 billion by 2035. A key driver is consumer's increasing expectation for click-through convenience. Unfortunately, major online market competitors are not dealership organized platforms, but third-party companies. Nuances of this reality result in a disconnected process to the detriment of auto buyers. Alternatively, the CarBots' solution effectively results in a lender / dealership co-platform that directly aligns the interests of auto buyers, lenders and dealerships to create the market's most unified solution.