What will be the future of auto finance? What is preventing dealers from going digital? Why should lenders help dealers to go digital?
Partnering with Cox Automotive, PwC surveyed 300 Cox Automotive dealer clients to get their current perceptions about the challenges and opportunities associated with digital auto finance.
Dealers and lenders undergoing a digital transformation will undergo several milestones before and after the solution itself is implemented in order to ensure the success of their efforts.
The pace of change continues to accelerate in the auto finance industry. Oversight from regulators, emerging risks, market share shifts and advancements in technology all indicate a continuation of this trend for the foreseeable future.
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