Grow Profits 10-20%, Volumes Up to 20%
Take the guesswork out of auto finance pricing with Nomis Solutions pricing tools.
Auto Finance Profits Soar Thanks to Nomis Pricing Tools
A major US indirect auto lender chose Nomis pricing tools to help pinpoint profitable profit/volume trade-offs, increase rate granularity and scenario analysis within business and regulatory constraints.
The Results – Profitability Beyond Expectations
$4 million in profit improvement after the first 3 months of use
Better utilization of funds in a capital-constrained environment
Curbed margin erosion from excessive rate discretion
Increased pricing to over 20 pricing regions
What Makes Our Pricing Tools Work
Understanding consumer price sensitivity
is at the heart of Nomis Solutions' pricing tools. With the ability to measure and predict price sensitivity at a market, segment, and even individual consumer level, Nomis Solutions provides you with predictive and specific insights across a broad spectrum of segmentation.