Case Study: RightDrive El Paso speeds deal approvals and boosts profitability with Upstart Auto Finance

RightDrive El Paso takes 30% of business from other lenders with Upstart

RightDrive El Paso, a multi-rooftop dealership group, faced the challenge of losing potential sales due to slow financing approvals from their lenders. Their F&I Director, Hector Muniz, needed a faster and more flexible solution to secure approvals and close deals before customers walked away. They implemented Upstart Auto Finance to address this challenge.

Using Upstart's portal, the dealership could quickly restructure deals by changing vehicles, adjusting down payments, and modifying terms to get automated approvals within minutes. This speed and flexibility allowed RightDrive El Paso to easily move an estimated 30% of its business from slower lenders, significantly increasing its ability to close deals and prevent customers from leaving without a purchase.

RightDrive El Paso