Vehicle Vision has formed a partnership with Auto Service Finance (ASF) to offer motorists interest-free instalment payment option for repairs.
Customers requiring vehicle inspections and repairs are to be given a digital option to spread out payments over interest-free instalments when using the Vehicle Vision Aftersales platform.
The new integration with ASF will enable dealerships, workshops and garages to provide customers with financial flexibility during challenging economic times and allow dealerships to engage with customers safely, said Vehicle Vision.
ASF won the 2020 AM Award for Best New Product or Service, earlier this year.
Steve Dean, managing director of Vehicle Vision, said: "This announcement comes at a hugely important time for car dealerships, garages, but also for motorists.
“As well as empowering dealerships and garages to provide customers with total financial flexibility in relation to repairs, which could be a real lifeline for drivers during tough economic times, the ASF integration also provides efficiencies and real opportunities for increased business where works may have been put off due to tighter household budgets.
“The integration also provides customers and dealerships with an additional opportunity to trade safely.”
There will be three options to pay for repair work, with customers retaining the ability to pay on collection of the vehicle, on the platform.
Customer decisions to spread the cost or pay upfront are processed via the ASF platform.
ASF said the platform enables dealerships to conduct work which may have been postponed due to financial constraints.
Jack Allman, co-founder and CCO of ASF, said: “We are delighted to see ASF integrated within Vehicle Vision.
“Giving customers flexibility and convenience is more important than ever – particularly in the current environment. By combining our two platforms we are enabling dealerships to provide a fully digital experience to their customers.
“We see customers transacting in under 115 seconds on average, so this provides a huge time saving to service departments. Together Vehicle Vision and ASF act as a digital service advisor - an additional resource for a dealership.”
The integration is available within the Vehicle Vision Aftersales product at no additional cost.