Revolutionizing Car Shopping with Carmatic
A Message from Dave Domm, CEO
As we navigate through the complexities of modern car shopping, the importance of transparent and accurate financial information cannot be overstated. At Carmatic, we understand the frustration that both customers and dealerships face when trying to calculate monthly car payments. It's a process that has often been compared to solving a Rubik's cube—complex, confusing, and outdated.
For decades, dealerships have struggled to provide precise payment details upfront due to the unique nature of each transaction and the archaic systems in place. These systems, often designed many years ago, come with high costs and limited capabilities, making it difficult to adapt to today's regulatory and market demands. This challenge has forced many customers to seek answers inside the showroom, a step that unfortunately leads to frustration and potential loss of sales.
Recognizing these challenges, Carmatic was born out of a necessity to bridge the gap that has long existed in the automotive industry. Our mission is to empower software companies and dealerships by providing them with a tool that delivers transaction-grade payment calculations in real-time. With Carmatic, the complexities of lease and loan payments are simplified using a modern platform that incorporates all available incentives, taxes, and fees while accounting for the variations across different states and scenarios.
Carmatic’s innovative solution requires just a VIN to unlock a comprehensive array of payment options. Our system dynamically updates as customers personalize their payments, ensuring that every detail is reflected immediately and accurately. This capability not only enhances the shopping experience but also builds trust between dealerships and their customers. When a customer arrives at the dealership the payment they’ve seen needs to be in alignment with the final contract. This is how we measure accuracy, not in pennies but in contracts.
Furthermore, Carmatic introduces the industry's first usage-based pricing model, making this advanced technology accessible and affordable. Our platform is designed for efficiency, allowing us to pass on the savings to our partners and their customers. The only time we talk about pennies is when we bring up our pricing!
Join us at Carmatic as we lead the charge towards a more transparent, trustworthy, and efficient car buying experience. The modern age of automotive retail is here, and with Carmatic, dealerships and software vendors can finally offer the seamless and accurate financing solutions that today's consumers demand. Together, we are setting new standards in the industry, ensuring that every customer can drive off the lot not just with a new car, but with confidence and satisfaction in their purchase.