The Problem
“Every buyback costs us $27,500 on average. Last year we had 12. That's $330,000 in losses.”
— F&I Manager, Multi-location Dealership Group
- Fraudsters target dealerships with fake IDs and forged paystubs
- Traditional verification is slow (hours) and kills deals
- You're liable for buybacks when fraud is discovered
- Your existing DMS doesn't catch sophisticated fraud
The Solution
F&I manager sends verification link → Customer completes on phone → Results in minutes
Step 1: F&I Manager creates verification request
Verit
ABC Motors - F&I Portal
New Verification Request
John
Smith
(555) 123-4567
john.smith@email.com
1HGBH41JXMN109186
Verification Steps
Step 2: Customer verifies on their phone
Verifying for
ABC Motors
2
3
Verify Your Identity
Please take a photo of your driver's license or passport
Tap to take photo
Front of document
256-bit encrypted • SOC 2 compliant
Results delivered before the customer leaves the showroom
Why Dealerships Choose Verit
Fast
5-minute customer verification
Flexible
Skip checks you already do in your DMS
Accurate
Catch 90%+ of fraud before it costs you
Mobile
Customer verifies on their phone
Branded
Your logo on verification pages
Dashboard
See all verifications in one place
Results
90%
Reduction in buybacks
< 5
Minutes customer wait time
$0
Setup fee
10 min
Training time
“Verit cut our buybacks by 85% in the first quarter. The dashboard is so easy our F&I managers learned it in 10 minutes.”
Mike Johnson
GM at Capital Auto Group (12 locations)