Articles

How to increase your finance pen by 40%

We’ve been working to fundamentally change the dealer finance model and our new risk-based pricing model is customer, dealer and regulation friendly. You could increase your finance pen by 40% with MotoRate as some of our pilot dealers did...

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Articles

Top 5 reasons MotoRate is the key to Covid-19 recovery

MotoRate is a unique, risk based pricing approach that addresses many industry concerns. It’s a step in the right direction for dealer finance by benefiting the customer, dealer and lender. Here's how it could work for your dealership...

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Articles

How MotoRate can benefit the customer

MotoRate has been designed to be good for the dealer, lender and customer. Our aim is to bring dealer finance to the forefront of the market, delivering a good customer outcome every time. We've outlined some of the benefits for customers...

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News

New ‘MotoRate’ product set to help redefine dealer finance

MotoRate promises to be a positive move for dealers and car buyers "as we emerge into the 'new normal" as the results from an extensive pre-lockdown pilot reveal...

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News

MotoRate - 21st century dealer finance

Personal finance trends are changing, and digitisation and regulation are at the heart of it. Deputy CEO, Karl Werner looks into the changing market and a need for modernised finance with our new product - MotoRate.

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Articles

Reinvention of finance has seen penetration increase 40%

MotoNovo has launched a new approach to finance that has seen a large pilot group of over 100 dealers increase their finance penetration by 40%. Deputy CEO, Karl Werner, talks about the new MotoRate risk-based pricing model...

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