{"id":9712,"date":"2022-08-02T00:00:00","date_gmt":"2022-08-02T05:00:00","guid":{"rendered":"https:\/\/solerastaging.wpengine.com\/?p=9712"},"modified":"2023-05-16T19:24:18","modified_gmt":"2023-05-17T00:24:18","slug":"car-dealers-turn-to-solera-auto-finance-for-faster-funding-and-its-unique-rewards-program","status":"publish","type":"post","link":"https:\/\/www.solera.com\/blog\/2022\/08\/02\/car-dealers-turn-to-solera-auto-finance-for-faster-funding-and-its-unique-rewards-program\/","title":{"rendered":"Car dealers turn to Solera Auto Finance for faster funding and its unique rewards program"},"content":{"rendered":"
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\"\"<\/figure><\/div>\n\n\n

SAF\u2019s rewards program can help reduce cost and increase ROI<\/em><\/p>\n\n\n\n

WESTLAKE, Texas, August 2, 2022 <\/strong>\u2014 Car dealerships are already seeing the advantages of Solera Auto Finance<\/a> (\u201cSAF\u201d) after receiving rebate checks as part of SAF\u2019s unique rewards program. Dealers taking advantage of SAF\u2019s offerings to secure used car loans are not only seeing a significantly faster funding process fueled by the AI-driven software, but they are also seeing the cost of their DMS partially offset when they qualify for the rewards program.<\/p>\n\n\n\n

\u201cSAF\u2019s goal has always been to provide a superior car-buying experience that accelerates the funding process and reduces operating costs for dealerships,\u201d said Kenn Wardle, CEO, Solera Auto Finance. \u201cDealers who are using SAF are starting to see the value of our innovative solution.\u201d<\/p>\n\n\n\n

Drive a Dream, an independent dealership in Marietta, Georgia, earned a rebate check that reduced its DMS cost by 40% simply by using SAF. \u201cClick and get paid. It\u2019s just that simple,\u201d said Drive a Dream General Manager Bill Dangra. \u201cWe sent over deals, received good financing terms, and hit our goal numbers with no effort.\u201d<\/p>\n\n\n\n

Wine Automotive, in Chesapeake, Virginia, saw similar success by utilizing SAF, earning a 19% rebate toward its DMS. \u201cI\u2019m thrilled with the rebate,\u201d said Wine Automotive Director of Finance, Brian Korich. \u201cThe partnership with Solera Auto Finance helps us close deals quickly, and the rewards program is an added bonus.\u201d<\/p>\n\n\n\n

After launching in March, SAF has quickly gained momentum and bettered its initial growth estimates, expanding to 37 states with plans to be operational in all 50 states by 2023. By providing a \u2018captive-like\u2019 financing solution to the non-prime segment of used car buyers, SAF levels the playing field for independent and franchise dealers and funds deals quickly.<\/p>\n\n\n\n

SAF\u2019s fast and simplified lending solution secures funding much faster than the other alternatives, which can take days. As SAF’s AI-driven technology continues to mature, dealer funding time is expected to shrink to mere hours.<\/p>\n\n\n\n

Details about SAF\u2019s rewards program, including how to enroll, are available at www.soleraautofinance.com<\/a> or via email: info@soleraautofinance.com<\/a>.<\/p>\n\n\n\n

About Solera Auto Finance<\/strong><\/p>\n\n\n\n

Solera Auto Finance offers franchise and independent dealers a competitive edge with its AI-driven platform, optimizing the funding process and quickly providing financing for the non-prime segment of used car buyers. Using Solera’s powerful data-driven approach, Solera Auto Finance helps grow back-end gross profit, increase deal speed, and reduce risk for dealers. Launched in 2022, Solera Auto Finance works with franchise and independent dealers in over 30 states, with plans to be operational throughout the United States by 2023. For more information, visit www.soleraautofinance.com<\/a>.<\/p>\n\n\n\n

Contact:<\/strong><\/p>\n\n\n\n

Solera<\/strong>
Priti Sharma
Priti.Sharma@Solera.com<\/a><\/p>\n\n\n\n

PAN Communications\u202f<\/strong>
solera@pancomm.com<\/a>\u202f\u202f 
(407) 734-7332\u202f <\/p>\n","protected":false},"excerpt":{"rendered":"

SAF\u2019s rewards program can help reduce cost and increase ROI WESTLAKE, Texas, August 2, 2022 \u2014 Car dealerships are already seeing the advantages of Solera Auto Finance (\u201cSAF\u201d) after receiving rebate checks as part of SAF\u2019s unique rewards program. Dealers taking advantage of SAF\u2019s offerings to secure used car loans are not only seeing a […]<\/p>\n","protected":false},"author":12,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_eb_attr":"","_uag_custom_page_level_css":"","footnotes":""},"categories":[3],"solution-focus":[],"topic":[],"resource-type":[62],"class_list":["post-9712","post","type-post","status-publish","format-standard","hentry","category-press","resource-type-news-press"],"acf":[],"yoast_head":"\nCar dealers turn to Solera Auto Finance for faster funding and its unique rewards program - Solera<\/title>\n<meta name=\"description\" content=\"WESTLAKE, Texas, August 2, 2022 \u2014 Car dealerships are already seeing the advantages of Solera Auto Finance (\u201cSAF\u201d) after receiving rebate checks as part of SAF\u2019s unique rewards program.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.solera.com\/blog\/2022\/08\/02\/car-dealers-turn-to-solera-auto-finance-for-faster-funding-and-its-unique-rewards-program\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Car dealers turn to Solera Auto Finance for faster funding and its unique rewards program\" \/>\n<meta property=\"og:description\" content=\"WESTLAKE, Texas, August 2, 2022 \u2014 Car dealerships are already seeing the advantages of Solera Auto Finance (\u201cSAF\u201d) after receiving rebate checks as part of SAF\u2019s unique rewards program.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.solera.com\/blog\/2022\/08\/02\/car-dealers-turn-to-solera-auto-finance-for-faster-funding-and-its-unique-rewards-program\/\" \/>\n<meta property=\"og:site_name\" content=\"Solera\" \/>\n<meta property=\"article:published_time\" content=\"2022-08-02T05:00:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-05-17T00:24:18+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.solera.com\/wp-content\/uploads\/2022\/08\/solera-autofinance-logo-1024x135.jpg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:description\" content=\"WESTLAKE, Texas, August 2, 2022 \u2014 Car dealerships are already seeing the advantages of Solera Auto Finance (\u201cSAF\u201d) after receiving rebate checks as part of SAF\u2019s unique rewards program.\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.solera.com\/blog\/2022\/08\/02\/car-dealers-turn-to-solera-auto-finance-for-faster-funding-and-its-unique-rewards-program\/\",\"url\":\"https:\/\/www.solera.com\/blog\/2022\/08\/02\/car-dealers-turn-to-solera-auto-finance-for-faster-funding-and-its-unique-rewards-program\/\",\"name\":\"Car dealers turn to Solera Auto Finance for faster funding and its unique rewards program - 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