Market Overview

Early Contract Completion Research Insight by MotoNovo Boosts Leads


Latest finance analysis offers insight for dealers to provide better customer service.

Cardiff (PRWEB UK) 28 May 2013

MotoNovo Finance has recently expanded their insight into customer spending through analysis that showcases the pattern of customers that chose to settle finance early. MotoNovo Finance's Analysis dovetails with a financial service offered to dealers. This service allows for a robust and detailed insight which is designed to help dealers maximise customer retention rates.

By anticipating when a customer is going to be financially available to look into making another vehicle purchase, dealers are able to give customers the sort of care and service at a time that is more optimal for both consumer and dealer. The result is a more custom-tailored approach to finance which results in a win/win situation for all parties involved.

The recent study and analysis that MotoNovo Finance has explored pertains to the percentage of customers that are deciding to go ahead and settle their finance agreement prior to the end of the contract. MotoNovo Finance showcases how this insightful data can exponentially increase the potential for dealer's opportunity.

The Change Alert programme offered by MotoNovo Finance demonstrates the companywide dedication to striving for a better and brighter financial future for both customers and dealers. Change Alert provides dealers with updates which shed some much leaded light on the path to maintaining the hottest and most critical leads.

MotoNovo Finance is looking at the percentage increase in early contract closure as a direct reflection of a market that is robust with consumers that are eager for rotating their vehicle out for a newer, even if used, vehicle. This rotating contract rate allows buyers a key opportunity to make the sales they seek as well as provide the consumer with what they seek.

With the financial services provided by MotoNovo Finance through aspects like Change Alert, buyers are more capable than ever to take some of the guesswork out of sales. Now, it is possible to approach things from a logical and financial matter that allows for a greater ratio of sales to potential leads. The analysis which MotoNovo Finance is exploring provides a more clear perspective on how buyers can anticipate new contract opportunities.

About MotoNovo Finance

MotoNovo Finance is the UK's leading independent motor finance provider. As a result of a foundation based on long-established ethics based business, MotoNovo Finance has continually excelled at providing dealers with more than just simple fiscal growth. A hearty adherence to the dedication to bolster business value and provide exponential growth has helped push MotoNovo Finance to the top. Owned by FirstRand Group, MotoNovo Finance has been awarded Asset Finance Company of the Year by Credit Today. They have currently received this award two years in a row.

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