Automotive Leasing software

Manage your automotive leasing business efficiency with our all-in-one auto leasing software. Designed for the dynamic needs of automotive leasing businesses, our solution empowers you to manage contracts and inventory efficiently, aligning with the latest trends in automotive leasing and software technology.

Trends in Auto Leasing: Subscription and Full-Service

Our automotive leasing software is at the forefront of industry innovations like subscription-based lending and pay-per-use models, catering to both traditional and emerging automotive leasing strategies. The pay-per-use model will not be around the traditional approach and the asset alone – leasing companies will need to bundle more services around the asset to get profits the same way the software companies created various services and product addons around the main product they sell.

Big data cannot stay out of sight either when talking pay per-use. Today the data is there but hard to retrieve and use for gaining insights. Closer cooperation with manufacturers to get data for further analysis and use it to make the right decisions would be inevitable for their business. E.g., getting information on the average usage of the car, non-driving time, and information on the asset independently from the customer could help create the pay-per-use metrics. This is where Artificial Intelligence (AI) solutions analyzing driver behavior could prove helpful.

Adapting to Electric Car Trends in Automotive Leasing

Dozens of countries, from the UK to France and Norway, plan to phase out the sale of engine-driven cars by 2040 or earlier. Problems calculating residual values, or future second-hand prices, keep electric leasing prices high. This is because there is little data to base them on, unlike traditional leasing, where dealers use mileage and service history to give a car a future second-hand value. Reducing the amount that electric vehicles depreciate is, therefore key to making predominantly expensive battery cars more accessible to consumers.

Stay ahead in the automotive leasing market with our software’s robust tools, designed to navigate the complexities of leasing electric vehicles and managing asset depreciation in a shifting global market.

Enhanced Features for Automotive Leasing Software

Our automotive leasing software extends beyond the core functionalities, offering advanced options like self-service portals, detailed reporting, and integration with external sources, enhancing your auto leasing business’s efficiency and scalability.

Integrations with various external sources, such as manufacturers’ catalogs (Glass, Jato, and others), quote engines such as T-value, CRM systems, leasing company’s own website, origination platforms, public registers (e.g., ABN retrieving system, PPSR registration in Australia), e-signature providers (Docusign, OneSpan or local ones), credit bureaus (Equifax and similar), accounting software (Oracle, SAP, Xero, 1Tech, Xero, Microsoft Dynamics, etc.) are possible.

With SOFT4Leasing, you can manage any process from quotation to application to contract management and billing or integrate the systems you already use – as long as the contract management and lease accounting (back-office) happens in SOFT4Leasing.

SOFT4 is a trusted software provider of Toyota Financial Services in Europe and Toyota Tsusho in emerging markets, with multiple dealerships in the USA and Canada.

Novated lease management has become popular amongst independent and automotive leasing providers, some specializing only in this area. Novated lease enables arrangements for a motor vehicle via salary packaging, where a lease is novated from an employee to an employer.

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