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Tag Archives: Santander

Santander renews GAP deal with Warranty Group

Santander Consumer Finance has renewed its deal to sell GAP products from The Warranty Group through its UK dealer and manufacturer partners. As part of the arrangement, the standard GAP product provided has been overhauled to cater for the growing popularity of PCPs on used cars. There are no restrictions over vehicle age and mileage, the minimum claims settlement is ...

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Aston Barclay wins new three-year contract from Santander

Santander Consumer Finance has signed a new three-year remarketing contract with Aston Barclay Prees Heath. The new deal follows a 100% conversion rate on all stock entered into the Shropshire auction site during 2018. Santander will continue to use the Prees Heath Wednesday fleet sale as a monthly benchmark for prices and market demand for its used stock, which includes ...

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Santander revamps database to help dealers boost retention rates

Santander Consumer Finance is revamped its customer database to help dealers increase retention rates and improve their sales performance. It has enhanced its free Customers for Life programme with ‘Propensity Modelling’ to help dealers to identify customers who are more likely to renew. Propensity Modelling indicates whether a customer has a higher than average likelihood of renewing by categorising leads ...

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Santander overhauls dealer review programme

Santander Consumer Finance has overhauled its dealer review programme. The finance house is now providing dealers with analysis of data on finance performance, product selection and customer retention. Each review will produce a summary of the key actions agreed as well as acting as documentary evidence for key regulatory areas. Regional managers are now looking at finance applications compared with ...

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Santander launches car finance videos for dealer websites

Santander Consumer Finance (SCF) has launched a series of car finance videos for dealer websites. The videos support dealers in explaining to customers the distinctive features of each type of finance and what they mean in terms of ownership and repayment obligations. The videos build on the launch of Santander’s Customers for Life programme which aims to boost customer retention ...

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