We build custom-fit scoring models for used-car financing dealerships
AutoZoom builds each custom-fit scoring model applying more than 45 years of BHPH underwriting experience gained from having underwritten $3 Billion dollars plus in BHPH automobile financing originations. We have helped many financing dealerships advance to the next level of underwriting performance and compliance. Let us help you!
Step 1 Score All Prospective Customers
The image above is a partial view of a custom-fit AutoZoom Scoresheet.
In less than one minute, your underwriters can analyze eighteen ranges of information which match to data in your applicant’s credit applications, credit bureaus, and possible financing options with just a few clicks of a mouse. This will produce a Stability Score, Deal-Structure Score, Total Score, Target Risk and Term Recommendation which your underwriters will then use following your dealership’s AutoZoom Benchmarks to consistently match up varying credit risks with the appropriate financing options that benefit your dealership the most.
Step 2 Enter Repossessed Account Info
The image above is a partial view of the AutoZoom Repo Data Entry Form.
In less than two minutes, an employee in your dealership will be able to record the date, financial and other write-off details of each defaulting account into this form. Using this information in conjunction with the Stability Score, Deal-Structure Score and the Total Score associated with each defaulting customer’s Scoresheet, AutoZoom BHPH Analytics will then enable your dealership to know its winning underwriting formula.
Step 3 View Resulting Analytics
The image above is a partial view of one of the many reporting features of AutoZoom BHPH Analytics.
Your company’s dealer, partners and management will be able to navigate unlimited hours through the data grids, PDF reports, Excel exports, and graphs to evaluate closing ratios, repo rates and financial impact of repossessions as they relate to your company’s AutoZoom Benchmarks.
Arming your underwriters with your dealership’s very own custom-fit AutoZoom scoring model will improve their ability to identify and turn down career credit-abusers. Also, with your dealer’s confidence and without involving the dealer or upper-management in every deal, your underwriters will be better equipped to offer financing options to the majority of applicants while dealing with each customer’s limited financial resources and instability factors. Most importantly, your underwriters will be able to skillfully increase sales by extending attractive credit offers to those qualified applicants desiring to pay minimal downpayments on higher priced vehicles.
After you have submitted the Request A Demo form, the process is very simple.
- An AutoZoom representative will be following up with you at the time you requested.
- A time will be scheduled for a full system demo.
- The full system demo usually lasts 1 hour, depending on how many questions there are.
- You can subscribe to AutoZoom immediately after the demo using check-by-phone or credit card.