DALLAS -

VehicleXchange LLC announced Monday that it has added automated GM Financial pre-qualification capabilities to its service lane lead solution.

The tool, launched by Pearl Technology Holdings in January and otherwise known as “VX,” now allows dealers to pre-qualify customers through GM Financial within seconds.

The VX system utilizes pre-screening technology from Experian to allow dealers to calculate a customer’s equity in their vehicle as well as allowing consumers to view all vehicles in a dealer’s inventory that they are pre-qualified to purchase.

Another aim of VX is to help customers find “improved” terms via manufacturer incentives and estimated payments, allowing customers to upgrade their vehicle and maintain the same or lower monthly payments.

Allowing for automatic communication to consumers on the dealer’s behalf, the VX system can turn manufacturer incentives into targeted marketing campaigns within 24 hours of release.

The solution has achieved 1,300 subscriptions from dealers since it launched at the beginning of the year. To learn more about VX, click here.