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Pearl Technology Releases Dynamic Payment Calculation Widget for Dealer Websites

August 24, 2017

DALLAS — Pearl Technology Holdings LLC today announced that its ShowroomXpress platform  (SRX) has released a dynamic website widget that calculates and displays six different payments to vehicle shoppers in under 3 seconds.

According to the company, the new widget calculates payment to the dollar for both purchase and lease transactions and with built-in dealer finance mark-up. Payment calculations performed by SRX also include the customer’s trade-in value, sales tax, doc fees, F&I packages and OEM incentives.

“We believe our new dynamic widget will help dealers usher in a new era of auto retailing,” said Bruce Thompson, CEO and founder of Pearl Technology Holdings. “With a few lines of code, a dealer can immediately empower his website with real payments, allowing customers to desk their own transactions and pick their ideal payments and protection packages. The transaction terms can be saved and sent to dealership CRM tools, so it’s a seamless process to pick up the consumer record and finalize the transaction.”

Pearl’s SRX is an on-demand automotive retail platform that lets consumers take on the various elements of a vehicle purchase/trade-in process in their own way and at their own pace. The SRX widget operates within the search results page and vehicle details page levels of a dealer’s website and provides complete deal transparency for a consumer for any vehicle in a dealer’s inventory.

The addition of the widget to Pearl’s ShowroomXpress also transforms a dealership’s physical showroom into an express retail environment for walk-in customers, allowing salespeople to display real payments on every unit in inventory within seconds. The widget’s calculation engine is powered by a very robust desking tool that integrates with all U.S. auto lenders. 

“We believe consumers are looking for a much more transparent and efficient car-buying process and therefore created a tool that is easily installed on a website. It also has CRM integrations and very little training is necessary,” said Thompson. “Our dynamic widget is much more advanced than anything we see in the industry today.”

 

Comments

  1. 1. James Heathington [ August 24, 2017 @ 11:47AM ]

    This tool does not work. The payments are sporadically incorrect, which makes you doubt all of them. Could be good, but it's not there yet...fairly common for Bruce Thompson.

  2. 2. Tarry Shebesta [ August 24, 2017 @ 05:23PM ]

    Also not based on real credit. A very poor consumer experience that will make the dealer look bad. It will also allow a shopper to showroom a dealer competitor without having the opportunity to talk to the customer.

  3. 3. Bruce Thompson [ August 24, 2017 @ 06:45PM ]

    We do have real time per-qual credit from Experian as an option. We do calculate 6 purchase and lease payments to the dollar in under 3 seconds. Product is live and we would be happy give a demo to anyone. Easy to prove it's accuracy. It's taken us 2 years to build and SRX is the most advanced Express retail tool in the industry.

  4. 4. Mark Smith [ August 25, 2017 @ 02:36PM ]

    James and Tarrry I am susprised you are having problem with the tool. It is a great tool and works wonderfully. I was one of the dealerships involved in the pilot and this tool is great for any dealership wanting to grow their online sales. Since the tool has only been out a couple of days I recommend you call your representative at Pearl and figure out what you are doing wrong because the tool is so simple no one should have problems. Hope you can figure out what your issues are and get to enjoy the benefits of this cool widget.

 

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