A great many of you came to Fēnix hoping to find help with the high cost of battery replacements for your EVs, and our discussion of an affordable subscription option looked like the solution you’ve been waiting for. For the last several weeks and months, we’ve been saying that we’re just around the corner from launching our subscription service, today the wait is over!
We spent months trying to find a way to make our future subscription service fit our CPO Battery solution, we wanted to push our future plans into today’s short term answer, and unfortunately, we simply couldn’t make that happen. Instead, we found something much better! Today we’re announcing a new partnership with DigniFi, a business dedicated to taking the high cost of auto repair and service and converting it to affordable, easy to manage payments. DigniFi has been around for a while now and currently partners with thousands of vehicle service businesses around the country, and after we discussed with them our goals for making battery affordable, they were thrilled to be a part of our vision.
In our hunt to make the CPO battery solution affordable, we learned some very important lessons, many of the lenders we met with wanted to build a “white label” solution, which essentially meant it would be Fēnix branded. And while we’re thrilled with our brand, we’re still a very young company, we decided that it would be much better to partner with a brand that has already earned customer trust in the automotive financing space, and that’s what led us to DigniFi. They’re backed by WebBank, an FDIC member loan originator, have an amazingly simply application process with instant approvals that you can process via your favorite mobile device, and the best part? While we tried hard to come up with reasonable, affordable terms for our CPO battery solution, with DigniFi, YOU have full control of the terms of your payments! We’re completely removed from that part of the equation.
And during this year of complicated and stressful times caused by COVID, DigniFi is standing by its mission to give customers access to affordable financing. Customers who apply for a loan on their platform, their lending partner is offering 90-days interest waived.
It is easy to get started too! You only need two things: First, if you don’t already have one, place your Fēnix reservation today. And second, go right to DigniFi and apply through their system to see if you qualify for our CPO Battery Solution. When you’re filling out your application, you will find Fēnix Power as your service center (see below), and once complete, we will contact you to help you with the next steps. With this new DigniFi solution, you stay in total control of how you choose to pay, your terms, number of payments, everything is up to you.
-The Fēnix Power Team