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Accurate Data
By combining our LiveCheck™ mailer, financing, technology, and many years of experience in Automotive Marketing, we now have the ability to offer your dealership the most aggressive direct mail campaign available. Have you ever done a direct mail campaign targeted to specific individuals, and received consumers who did not meet your specifications?

Unless you deal directly with the lender that is accessing the data, you can never be sure you are actually mailing to consumers who meet your specifications. VLS is a certified lender in every state, and has the ability to access Equifax, Experian, and Transunion directly.
 


Pre-Approvals
Step By Step Basics

• Consumer receives an offer of credit in the mail, which includes a check, made payable to the sponsoring dealership.

• Consumer is instructed to call a toll free number or log on to a website and enter the PIN provided in the mailer/offer.

• Consumer is asked to provide additional information to confirm pre-approval.

• Information is electronically submitted to Virtual Lending for approval confirmation.

• Consumer is referred to dealer for approval information and further instructions.

• Dealer logs onto his LinkTracker® website and reviews loan status - Approved or Referred (Declined or Incomplete).

• Dealer's LinkTracker® URL and User name and password is provided when the mail drop is activated.

• Dealer clicks on consumer's name to see lead details.

• Dealer invites consumer to dealership to choose collateral. (vehicle)

• Consumer chooses vehicle.

• Dealer and consumer review the loan package checklist to ensure that all requirements are met.

• Consumer makes check out for amount financed on buyer's order and signs check.

• Consumer signs Note and Security Agreement, Arbitration Agreement, Collateral Form (Appraisal Sheet).

• Dealer or consumer faxes all required documents to VLS for verification including D/L, POI, POR, etc.

• VLS verifies information and notifies dealer if OK or if something is missing.

• VLS gives Dealer OK to deposit check.

• Dealer deposits check.

Program Highlights

• Advance 120% of the retail vehicle value!

• Financing provided by Virtual Lending Source.

• 90 days of follow-up to schedule appointments, from our experienced Call Center.

• Gives the prospect the perception of having financing already in place!

• Pre-Approved Check-In-Hand concept increases response PERIOD!

• Some markets experiencing a 4% response!

• Our average response nationwide is 1.2%.

• Provides dealer with a great source of sub-prime financing!

• Prospects can respond 24/7 - by phone or Internet!

• Dealer can track every single response with our LinkTracker™ technology

• Perfect for program / off-lease vehicles!

Accuracy Is not everything

If you don't keep track of who responds, you take a chance of losing 40% of your response.

Often, calls are routed to uninformed or inexperienced sales people, the secretary is too busy to answer the incoming phone call, or the consumer does not get off work until after your dealership has closed.

Call recording features are not enough, since the corrective action for call recording takes place after the phone call. You win the battle but not the war.

With our LiveCheck™ mailer, you are able to capture 100% of your response using our innovative LinkTracker™ product. Your dealership can also view our finance decision with your direct mail tracking tool.

Using, our LinkTracker™ technology, we track the delivery of your mail, the responses to your campaign, and your sales people so you can squeeze out every sale possible. In other words, we get your mail into the right hands with the highest response rates and closing ratios in the business.