News

The latest news from iVendi and the industry

News

The latest news from iVendi and the industry

iVendi wins again in lead generation game

Mon, 02/07/2018

Car Dealer Power 2018 - Award Winners -005-blog

The outstanding lead generation capabilities of iVendi’s Car Finance Checker have been recognised for the second year in succession with a Consumer Lead Generation of the Year category win in the 2018 Car Dealer Power Awards.

The company beat several nominees to take the category, including GardX AD-Vantage and Gubagoo, with the award being presented at a special ceremony at Spinnaker Tower in Portsmouth.

iVendi pioneered the concept of the motor finance pre-qualifier, allowing consumers to check their likelihood of approval for a range of finance products offered through your dealership.

Car Finance Checker can be used by buyers online to prequalify themselves for motor finance with each dealer’s panel of lenders, showing the likelihood of approval for an application with each different finance provider.

It was launched into the car dealer sector five years ago and has since been adopted by a number of major dealer groups, lenders, car supermarkets and independents.

James Tew, CEO, said: “Car Finance Checker is a key part of our suite of products, giving the buyer valuable potential information about their likelihood of approval with a whole panel of lenders without leaving a footprint on their credit file.

“This allows the customer to look at the best deals that are available to them as well as examining the effects of varying parameters such as putting down a larger deposit or altering the repayment period.

“Our research shows that it has a direct impact on the buyer’s propensity to progress their purchase as far as possible online. It is an essential lead generation tool and its second win at the Car Dealer Power Awards show underlines how successful it has been.”

James Baggott, the chief executive of Baize Group, parent company of Blackball Media, which publishes Car Dealer Magazine, said: “Dealers told us that Car Finance Checker always delivers quality leads and that it’s a great product. iVendi should be very proud of their achievement.”

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