Benefits of Offering Credit Approval to Subprime Car Buyers
Offering subprime financing through your car dealership can position you to reach more customers who are unable to get approved for traditional auto financing because of bad credit or no credit.
Enrolling in the Credit Acceptance auto finance program gives your dealership the ability to not only approve more customers for financing, but also increase your market share.
Here are the benefits of offering subprime financing through the Credit Acceptance program:
- Gives you the ability to increase your car sales by reaching non-prime and subprime customers
- Positions your car dealership as a reliable resource that can approve everyone, regardless of credit history
- Sets you apart from other car dealerships that don’t offer subprime financing
In addition to the ability to approve subprime car buyers for credit approval, enrolling in the Credit Acceptance Portfolio Profit program enables car dealers to receive same-day funding, competitive advances and share in future collections.
Credit Acceptance works with more than 12,000 franchise, independent and BHPH car dealers across the nation to help them sell more cars and make more money. Last year, enrolled dealers were paid nearly $4 billion in total funding and more than $185 million in Portfolio Profit.
If your car dealership wants to increase its car sales by offering subprime financing for car buyers with bad credit or no credit, simply fill out the form on our website to learn the benefits of becoming an enrolled dealer in our auto finance program!
