Maddy Low

Company: DrivingSales

Maddy Low

DrivingSales

Dec 12, 2016

Stanford Startup Aims To Streamline Customer Purchases At Car Dealerships

Originally Published By Digital Trends

Buying cars online seems simple, but what if you could do it as quickly and easily at a dealership, and still get a test drive? Stanford StartX accelerator graduate Prodigy wants to give auto dealerships a tool set to modernize selling cars on the lot.

According to a Prodigy release, “More than ever, this industry key to our economy is being threatened by increased regulation, changes in car buying habits, and car buying startups such as Beepi and Carvana. Prodigy is giving dealers a chance to fight back and adapt to rapidly changing car buying habits.”

The tablet-based Prodigy sales platform, is designed to streamline the customer buying experience from “Hi, how can I help you?” to closing the deal. Major elements of the Prodigy platform include “predictive inventory filters” to narrow the inventory search quickly based on customer preferences, mobile driver’s license scanning to speed up moving from the greeting to a test drive, and access to OEM specifications and third party info sites such as Edmunds.com and Kelly Blue Book to answer questions on the spot.

Once you’ve decided on the car you want, the Prodigy platform gives the sales person “penny perfect” payment options to present based on the customer’s credit, current OEM promotions and offers, and dealer margins. You won’t have to wait for a sales manager to approve the deal or sit in a finance manager’s office endlessly — real-time communication from the tablet will speed both of those steps.

Finally, digital signature capture on the tablet and a full credit application connect the dealer with more than 1,300 lenders. Theoretically, you could do the entire deal on the lot and drive off, never having to acquiesce to a request to “Let’s go back to my desk and see what we can work out.” The aim of the platform is to get the deal done on the lot, if it’s right for the dealer, the lender, and the buyer.

“Car buying habits have been rapidly changing over the last few years, but technology within a dealership has remained stagnant,” said Michia Rohrssen, Prodigy founder and CEO. “Our mission is to equip dealers with the technology needed to serve the modern car buyer in the most efficient and streamlined manner possible. With our new platform, dealerships can offer an entirely unprecedented customer experience from a single platform.”

Maddy Low

DrivingSales

Community Manager

1128

No Comments

Recommended Posts

Auto Detail STL

Auto Detail STL, a member of the Frank Leta Automotive Family, elevates car detailing services to new heights with our commitment to competitive pricing, satisfaction guarantee, and unparalleled customer service. As your trusted auto detailing specia…

Auto Detail STL

Auto Detail STL

21
5 days ago

Fairfield Cadillac

Fairfield Cadillac is a trusted Cadillac dealership in Lewisburg, PA. Browse through our lineup of new Cadillacs for sale, explore deals on used Cadillacs for sale, or choose your drive from our certified pre-owned vehicles. Need professional care an…

Fairfield Cadillac

Fairfield Cadillac

21
6 days ago

Hulsizer Chevrolet

Hulsizer Chevrolet is your go-to Montgomery Chevy dealer for excellent sales and service. Finding your next ride? Choose from a wide selection of new Chevrolets for sale, used Chevrolets for sale, or certified pre-owned Chevrolets for sale. As a Chev…

Hulsizer Chevrolet

Hulsizer Chevrolet

70
September 16th

FL Auto Sales Group

Florida Auto Sales Group specializes in custom Broncos for sale. We offer nationwide sales and modifications, with many buyers from out-of-state locations like NY, CA, TX, and VA. Whether you're searching for a new Ford Bronco for sale or want to…

FLAuto SalesGroup

FL Auto Sales Group

120
September 15th

Bakersfield Hyundai

Bakersfield Hyundai is a premier Hyundai dealer in Bakersfield, CA, dedicated to providing the best customer experience when shopping for a new Hyundai car or a used Hyundai car. Our friendly and knowledgeable team at Bakersfield Hyundai will guide y…

Bakersfield Hyundai

488
September 8th