Planet VO² Adds Viaxel Car Financing Options

The Argus Group makes room for Viaxel financing services in their management software for second-hand vehicles, Planet VO². Crédit Agricole Consumer Finance’s brand Viaxel specialises in car loans and praises transparency through this partnership, as they display monthly payment prices to help industry specialists and car purchasers looking to buy used cars.

The Planet VO² online program directly includes the Argus Group’s rating system for new and used cars, as well as current Argus market prices. It is mostly intended for businesses, to help dealerships manage their stocks of second-hand cars and improve their commercial performance. It also stands out as a tool for end customers’ decision-making process.

Customers prefer reading vehicles’ price as monthly instalments (rather than their total cost). This explains why Argus decided to include Viaxel’s financing solution in their software program. From now on, car prices will be displayed as monthly rents, right under the overall price tag or in classified ads, making it easier for customers to find used cars.

This service also simplifies businesses’ work (fewer input errors, and fewer processing delays). Their productivity and efficiency improve as their sales increase. This solution is meant to address more customers prior to the actual sales, and secure their loyalty.

Comments – A compelling tool for car loan applicants

CGI Finance introduced their Zéroclic mobile app enabling car dealers to add value to their second-hand car stocks, and now Viaxel gets started in the same market, directly online. This solution allows them to propose customised financing offers to individual customers, especially in a context where long-term rental is well established among consumers. Several players entered this market, including BPCE and BlaBlaCar.

Also, this partnership with the Argus Group contributes to developing online financing offers, which in turn are at the heart of galvanising the market for selling used cars. More online platforms for second-hand cars were introduced these past months. Many companies are aiming for this sector, even Facebook Marketplace. With this partnership Viaxel should contribute to developing a promising market