New: Dealership Finance
Published Monday 16 July 2018
We’re launching Dealership Finance on 1 August 2018. This allows you to advertise your finance offers on your vehicle listings helping you maximise every opportunity on Trade Me Motors.
Dealership Finance is free to dealers on our Turbo package or is available to purchase as a stand alone product if you’re on our Basic and Torque packages.
Appeal to a broader audience
Extend your price offering on your vehicle listings by displaying the full vehicle price as well as the amount broken down into easy, weekly installments. Appeal to potential buyers who may not have considered your vehicle because they deemed it unaffordable but may now see it as a viable option for them to consider.
Dealership Finance displays the following on your listing:
a weekly installment
your interest rate
Better your chances by giving buyers more options
Buyers are able to calculate their own personalised weekly payments by adjusting the term length and the deposit creating more interest in your vehicle and helping increase your chance of getting more enquiries and selling more vehicles.
Start advertising your finance options on your listings by following these easy steps.
Select the ‘Edit Dealership Finance’ under the ‘Company Details’ column. This can be found by selecting the ‘My Company’ tab in DealerBase.
Insert the following information:
Interest rate: the interest rate to be applied during the finance period.
Establishment fee: the fee the buyer pays for setting up the finance.
Monthly maintenance fee (when applicable): transaction specific costs that may be recovered from the buyer.
Deposit: expressed as a percentage. The amount entered will be set as a default but can be adjusted by buyers.
Term: The number of months determining the financing term. The default value used for calculations is set to 48 months but can be changed by a buyer.
Check out the example calculation tool on the right hand side of the page to check how the information you’ve just entered translates into weekly payments for differently priced vehicles.
Remember to hit save when you’re done. Note: the information you’ve saved will be kept as your default information for all your listings.
Top tip: Keep your offers realistic and straight up. It’s about making it affordable for buyers and helping you sell more cars. Check out our Terms and conditions for more details.
Don’t get left behind
Dealership Finance is available at no additional charge on our Turbo package. It’s also available to purchase as a stand alone product if you’re on one of our other packages.
To upgrade your package or purchase Dealership Finance contact your Account Manager or send us a mail and we’ll be in touch.