For auto dealers, one crucial aspect often raises concerns – accepting checks for down payments. To ensure a sale, you want to provide customers with flexible payment options. This is where CrossCheck's Auto Industry RDC Solution (C.A.R.S.) program comes into play. C.A.R.S. is a suite of check guarantee solutions, which allows auto dealerships to accept checks for down payments without the risk of not getting paid. It includes RDC (Remote Deposit Capture) and Multiple Check, which lets the customer write up to four checks to be deposited at agreed upon intervals. Also included is Check on Delivery, which is especially valuable to the service department as dealerships can pre-approve payment of delivered parts orders.
How to Mitigate Cost of Bad Checks
A big concern auto dealers face is the risk of accepting a check only to later discover that it has been returned. This can lead to financial losses and the hassle of pursuing customers for payment.
CrossCheck, a leading payment solutions provider, offers a robust solution in the form of our C.A.R.S. suite of services. With CrossCheck, you can confidently accept checks for down payments, knowing that you will get paid. CrossCheck's Check Guarantee provides peace of mind, improves your cash flow, and enhances the overall customer experience.
The main benefits of C.A.R.S. includes a wider acceptance of checks and fewer administrative returns, round-the-clock processing, transaction reporting and tech support. Also, our clients do not have to buy check processing equipment. CrossCheck will provide loaner equipment at no additional charge.
C.A.R.S. is a Premier Payment Processing Solution
With CrossCheck's C.A.R.S. you can offer the customer a versatile payment solution with added peace of mind. The customer is happy driving a new car off the lot, the sales person is happy with the commission, and the dealership is happy knowing the money will reach the bank.
CrossCheck has been offering payment processing solutions for more than 40 years. Our clients include one of the largest dealership groups in the U.S. and our C.A.R.S. suite of services have been lauded as improving sales. Please click below for a free consultation or visit our website at www.cross-check.com for more information.
