Monday, December 5, 2022
HomeAutomotiveDrive Now Pay Later supply boosts income at Eurorepar garages

Drive Now Pay Later supply boosts income at Eurorepar garages


Eurorepar Automobile Service has seen a 35% enhance within the common month-to-month transaction worth of garages providing its Drive Now Pay later versatile finance service.

In response to EMaC, supplier of the finance service, there was additionally a rise in restore spend final yr, with Drive Now, Pay Later clients spending on common £714.84 in complete.

Drive Now Pay Later permits clients to unfold service and restore payments of greater than £50 throughout 4 equal funds. This flexibility signifies that very important restore work, which could in any other case have been delayed or cancelled, may be carried out on the proper time.

One Eurorepar Automobile Service centre generated £7,000 in gross sales throughout a single month by the Drive Now Pay Later scheme, with others attaining greater than £20,000 within the final yr by financed customized.

Nick Taylor, head of community & enterprise improvement at Eurorepar Automobile Service, stated: “EMaC’s knowledge highlights the rising demand for easy and accessible finance that helps drivers to unfold the price of servicing and repairs. It’s subsequently very important that each one our members make use of our Drive Now Pay Later programme in order that clients network-wide can profit. Not solely is it an effective way to win customized, as demonstrated by a few of our present members, however it might additionally assist to bolster your customer support and assist the retention of repeat enterprise.”

Establishing the fee plan is a fast and easy course of that may be carried out on the identical day {that a} automobile is repaired, and Eurorepar Automobile Service centres are ensuring that each one clients are conscious of the ability.

Liam Finney, director of business partnerships at EMaC, added: “As the supply of 0% finance turns into extra broadly accessible, we’re seeing shoppers proactively ask whether or not or not their storage affords versatile fee choices for his or her restore invoice. It’s now changing into a core element of a storage’s shopper fee choices versus a ‘nice-to-have’.”

The Eurorepar Automobile Service franchise is headed by Stellantis Group – fashioned by the merger of Groupe PSA and FCA Group.

The enterprise launched a brand new tyre household in 2020. The community brings collectively impartial garages, MOT check stations, authorised repairers and franchised sellers.

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