Reynolds, Gubagoo to Launch Future of Retail Anywhere at NADA
To showcase how customers can shop from chat to funded deal with no dealership calculation adjustments to match online quotes.

'From the first quote online to the electronic transmission of the signed contract to the lender, it’s one deal, start to finish,' Reynolds and Reynolds President Chris Walsh says of the new functionality.
IMAGE: Reynolds and Reynolds
Reynolds and Reynolds and Gubagoo will showcase at NADA the ability to accurately work a single deal from online to desking to the DMS. New functionality provides a unified experience for the customer, whether they’re shopping online, browsing at the dealership, or going back and forth between the two. It results in a fast, convenient and transparent car-buying experience for both the dealer and customer.
“Nearly every consumer starts their buying process online,” said Gubagoo President Brad Title. “Yet dealers have found it challenging to transact online, or seamlessly transition from online to in-store, because their tools lacked the needed integrations. A salesperson or F&I manager shouldn’t have to back into a deal to match what the customer saw online — and they certainly shouldn’t have to explain to a customer why their payment is higher than what they were told previously.”
Being forced to use a variety of tax tables and calculation engines across different tools to determine payments is what causes dealers to struggle with mismatched deals when customers move from online to in-store, and when the deal moves from desking to the DMS. However, Reynolds says its ERA calculation engine is the most accurate in the industry due to the method used for updating and documenting taxes and fees across the country. The new integrated functionality provides a single deal, with a single set of calculations, no matter where the customer is.
“Using a single deal not only creates a consistent and seamless experience for the salesperson and the customer, it allows for a fundable deal from the first interaction. From the first quote online to the electronic transmission of the signed contract to the lender, it’s one deal, start to finish,” said Reynolds President Chris Walsh. “Expanding the Reynolds Retail Management System to include Gubagoo’s Virtual Retailing is the unique next step forward for dealers to retail anywhere.”
More information about the offerings will be available at the Reynolds and Gubagoo booths at the NADA Show in Dallas.
Originally posted on Auto Dealer Today
More Auto Finance

July Was Hot for Auto Borrowers
Credit proved readily available for many, but most loans left buyers in negative territory, Cox Automotive said.
Read More →
Dealer Lender Preferences Revealed
When lenders provide consistent, fast service, their overall satisfaction scores with dealers greatly improve, according to JD Power research.
Read More →
Auto Refi Savings Surge
Consumers with 84-month auto loan terms who refinanced saved the most on monthly payments, according to a new report by auto refinancing provider Caribou.
Read More →
Subaru Enters Lending Business
The automaker follows other brands in adding captive financing in the U.S., and says the move will strengthen its position here.
Read More →
Positive Equity Reaches Record High
Mainstream vehicle owners who bought a car seven years ago are likely to have positive equity when trading in for a new vehicle, according to second-quarter Edmunds data.
Read More →
Dealerships Are Paying the Price for Extended Car Loans
Growing negative-equity scenarios mean such lengthy terms should be addressed in a forward-looking way to make them work for the dealer and the consumer down the road.
Read More →
Trade-Ins in Negative Equity Reach New Heights
As such trade-ins rise in frequency, so do monthly loan payment amounts and interest rates, according to second-quarter data compiled by Edmunds.
Read More →
Auto Credit Plentiful
June numbers show lenders are readily granting access, including to risky borrowers, as consumers leverage themselves to take on high prices.
Read More →
Automotive Consumers Sink Further in Debt
Most financing metrics hit records in the second quarter as more buyers locked themselves into long terms and high monthly payments.
Read More →
Porsche Financial Services Shifts Structure
After 36 years with Porsche, the Financial Services Chief Financial Officer Konrad Riedl is retiring, and the department is realigning its management structure.
Read More →