AutoCount Lender Clients

Introduction

This case study of TD Auto Finance is based on a July 2017 survey of Experian AutoCount customers by TechValidate, a 3rd-party research service.

Challenges

The business challenge that led the profiled company to evaluate and ultimately select Experian AutoCount:

• Addressed the following challenge after using AutoCount:
  • Providing sales representatives insights to target the right dealer partners

Use Case

The key features and functionalities of Experian AutoCount that the surveyed company uses:

• Has been an AutoCount client for 4 – 6 years.
• Accesses AutoCount data from:
  • AutoCount.com
• Subscribes to the following AutoCount reports:
  • Market
  • Custom
• Uses AutoCount for the following:
  • To identify dealer partner opportunities and/or view individual dealer activity
  • To understand competitors’ positions and trends in the market
  • For visibility into loan and lease measures and/or new versus used car activity

Results

The surveyed company achieved the following results with Experian AutoCount:

• Values the following AutoCount benefits compared to other automotive reporting products:
  • Data quality/completeness of data
  • Ease of use
  • Value
  • Uniqueness of data
  • Flexibility in defining reports

Introduction

This case study of NorthWest Federal Credit Union is based on a July 2017 survey of Experian AutoCount customers by TechValidate, a 3rd-party research service.

Challenges

The business challenges that led the profiled company to evaluate and ultimately select Experian AutoCount:

• Addressed the following challenges after using AutoCount:
  • Designing loan and/or lease products that meet the market need and risk tolerance
  • Benchmarking their loan programs to market averages and adjust
  • Modifying underwriting strategy
  • Providing sales representatives insights to target the right dealer partners
  • Refining measurement and pricing strategies

Use Case

The key features and functionalities of Experian AutoCount that the surveyed company uses:

• Has been an AutoCount client for 4 – 6 years.
• Accesses AutoCount data from:
  • AutoCount.com
• Subscribes to the following AutoCount report:
  • Market
• Uses AutoCount for the following:
  • To identify dealer partner opportunities and/or view individual dealer activity
  • To understand competitors’ positions and trends in the market
  • For visibility into loan and lease measures and/or new versus used car activity
  • To determine geographic trends or activity
  • To view loan attributes by average risk score
  • To benchmark their programs to market averages
  • To obtain a clearer understanding of the credit tiers their competitors are buying
  • To assist with underwriting strategy

Results

The surveyed company achieved the following results with Experian AutoCount:

• Values the following AutoCount benefits compared to other automotive reporting products:
  • Data quality/completeness of data
  • Ease of use
  • Value
  • Uniqueness of data
  • Flexibility in defining reports
  • Customer service