Tips

Liquidity in automotive dealerships: Why faster incoming payments are crucial

In the automotive industry, every minute counts. Whether in sales or in the workshop area - the smooth flow of payments not only affects operational efficiency, but also liquidity. Delayed incoming payments can be a real challenge, especially for dealers and workshops, which often have high upfront costs for vehicles or spare parts. The question is: how can cash flows be organized more efficiently in order to reduce costs and gain financial flexibility at the same time?

How you can increase your sales with “Buy now, pay later”

“Buy now, pay later” (BNPL) means the option to buy goods directly and then pay later. The modern new edition of classic purchase on account creates flexibility for customers and additional income for dealers. The market for “pay later” options has extraordinary potential: Already the most popular payment method for German online customers, the markets of brick-and-mortar retail are now also being opened up. Read this blog post to find out why BNPL is the undisputed number one among consumers and how your company can also benefit from the payment trend.