Auto repair costs are climbing, putting both customers and dealerships in a tough spot. According to the U.S. Bureau of Labor Statistics’ Motor Vehicle Maintenance and Repair Consumer Price Index, repair costs increased 5.9% year over year in January—continuing a trend of steady increases.
For customers, these rising costs can mean delayed repairs or declined service recommendations, leading to frustration and potential safety concerns. For dealerships, it can result in lost service revenue and reduced customer retention.
But for those willing to innovate, there’s a way forward.
At CrossCheck, we specialize in payment solutions that help customers manage high repair bills without relying on credit-based financing. Our solutions make it easier for customers to say yes to necessary repairs while ensuring your dealership gets paid.
With Multiple Check, customers can split their payment into multiple installments while your dealership receives guaranteed funds.
More than ever, consumers are looking for alternative ways to pay for unexpected expenses, especially in the auto repair industry. Many customers either don’t have access to traditional financing options or prefer to avoid credit checks and high-interest loans. By providing a simple, interest-free payment option, dealerships can create a more positive service experience, increase repeat business, and set themselves apart from competitors who only accept upfront payments.
By offering customer-friendly payment options, dealerships can:
With repair costs on the rise, now is the time to offer customers a better way to afford vehicle repairs while ensuring your dealership gets paid.
Learn more about how CrossCheck can support your dealership’s success.