
How KYC Tools Can Protect Your Business
In 2025, a seamless experience is one of, if not the most, important factor when it comes to consumer purchasing habits. It is estimated that 54% of all consumers prefer to purchase a vehicle from a dealership they enjoy being at, even if it wasn’t the lowest price offered to them. Moreover, 72% of potential car buyers claim they would visit dealerships more often if the buying process were improved. Even now, without any changes, 7% of vehicle buyers utilize an entirely online experience for the convenience of the purchasing process. Another 43% made sure to complete at least some vehicle buying steps online. But aside from ease of access, car buying has seen some other changes over the years. Compared to years prior, the diversity of financing methods has…