AutoZoom is a web-based scoring and predictive underwriting SaaS designed to meet the underwriting and analysis challenges of the buy-here-pay-here industry through its unique ability to build custom-fit scoring models for used-car financing dealerships. Our clients are able to established score benchmarks that enhance their underwriters’ ability to make quick solid credit decisions, reducing the need for upper management to be involved in the process by as much as 90 percent.
AutoZoom incorporates charts, graphs, drill downs, PDF’s, and data exporting features to greatly enhance your understanding of what is actually working in your underwriting efforts. Although AutoZoom functions independently of dealership software, our company now selectively offers software vendors the ability to integrate, using AutoZoom DMS SoftLink.
AutoZoom Predictive Underwriting enables your company to survive BHPH portfolio risks more effectively. AutoZoom emulates 45-plus years of industry experience, allowing BHPH dealers to consistently match the credit-right risk customer to the best
possible deal structure.
Using AutoZoom Predictive Underwriting, you will be able to maximize sales and expand product range, all while pushing the limits of risk versus reward.
- Improve Closing Percentages
- By utilizing the statuses feature in AutoZoom, our clients are able to timely inspect and manage the flow of deals by day or any date-range. You will be able to match various credit quality customers with the right deal-structure every time without hesitation.
- Match Customers to Appropriate Risk
- One of the most challenging tasks of BHPH underwriting is matching the appropriate creditworthy customers to the appropriate amount of financing and term. Lower credit quality customers should be offered lower cost vehicles with more stringent down-payments. The more credit-qualified customers should be offered higher cost cars with significantly lower down payments when necessary to gain the sale.
- Require Less Down Payment
- Offering vehicles to qualified prospective customers for considerably less down-payment than industry norm can accelerate sales even in a tough economy. AutoZoom clients can more accurately and consistently identify those customers worthy of higher cost vehicles with lower down-payments.
- Finance More Expensive Vehicles
- Dealerships that are able to offer more expensive vehicles will attract better credit quality customers. When structuring deals, you will instantly know when you are about to risk too much.
- Monitor Underwriting Processes Efficiently
- Stop digging through piles of paper and file folders. Rely on the AutoZoom web-based underwriting system to keep you up-to-date on all underwriting activities 24/7 from anywhere.
- Regulate Repossession Frequency and Rate
- Minimize early repossessions and reduce your overall repossession rate by eliminating serial credit abusers and prospective customers who do not have the necessary stability factors which indicate a willingness, discipline, and ability to pay.
- Evaluate Past and Future Underwriting Results
- AutoZoom clients are able to enter past and new sales into our predictive underwriting system along with a bit of financial information for each repossessed account, enabling them to evaluate many underwriting aspects and period gain/loss results.
What Our Zoomer Clients Have to Say:
✨DM Motors says: I’ve been in the BHPH business 28 years and an Autozoom user since 2005. Autozoom has enabled me to delegate underwriting and not have to look at every application. I now Maximize my ROI and able to forecast and determine easily what deals I want by past history and A accurate scoring system. Early on I was aggressive and wanted every deal that made sense.. Today, with the data and history I have collected in autozoom, I am cherry picking the deals I choose to do that create the least amount of effort with the highest rate of return which will allow me to stay in this business a few more years than I originally had planned to. Dale M✨
Auto Loan Technologies, LLC.
9001 Airport Freeway, Suite 760
North Richland Hills, TX 76180
Monday thru Friday
9:00 AM to 5:00 PM Central