Team 5: NU Control “I’m not in control of the shopping experience.” OR How to turn 3 hours into 15 minutes Hackomotive February 28, 2013.

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Presentation transcript:

Team 5: NU Control “I’m not in control of the shopping experience.” OR How to turn 3 hours into 15 minutes Hackomotive February 28, 2013

Interests Why do I have to waste my time at the financing office?

Research, Test Drive, Compare At the dealer: Negotiation Financing Paperwork Hassle Time

SOLUTION: drivehome.com puts the buyer in control

Welcome, Kelly Cheng! Not Kelly? Click here VW Jetta HybridYour vehicle $24,450Your price VW of Sunny Hills State College Blvd Brea, CA (714) Your dealer CREDIT APPLICATION PICKUP Kelly receives a personal link via from drivehome.com

Welcome, Kelly Cheng! Not Kelly? Click here First Name Last Name CREDIT APPLICATION SSI# Employer She fills out her credit application and reviews F&I add-ons EXTENDED WARRANTY/MAINTENANCE

Bank of America 2.9% APR for 60 months First and last payment Free Your Best Financing Deal Offer 2 YOUR FINANCING AND LEASE OFFERS Chase Bank 3.0% APR for 60 months $200 cash back She receives financing offers to review on her own time Details Welcome, Kelly Cheng! Not Kelly? Click here

SCHEDULE PICK UP APPOINTMENT Kelly selects her 15-minute appointment Welcome, Kelly Cheng! Not Kelly? Click here

All relevant dealer personnel is notified 90 min prior to appointment via app notifications

Kelly signs paperwork and gets her keys in 15 minutes

Buyer: Control over the experience Transparent, trust-building process Fast, convenient delivery Dealer: Increased sales volume Qualified, satisfied, loyal customers Increased scheduling efficiency The Bottom Line