Auto lending is a valuable service for dealerships, with 85% of new cars purchased in 2018 financed rather than purchased outright. Dealers require fast funding to stay cash flow positive, so it’s important for…
Expedite Contract Processing Regardless of Workload
eContracting has made it so indirect auto lenders can process contracts and fund their dealers faster. Unfortunately, many dealers haven’t given up the paper contracting habit yet, so lenders must find ways to beef…
Deliver Faster Transactions – AutoNews Webinar
This webinar describes consumer frustration with the buying process and their pursuit for efficiency.
The Dealership Guide to eContracting
eContracting replaces the traditional and mistake-prone approach of manual data entry and
calculations, paper contracts with “wet” signatures, and overnight delivery of funding packages.
Dealertrack eContracting Info Sheet
Dealertrack delivers the premier electronic solution to connect dealers with lenders for fast and accurate contracting.
CBA Live: The Time for eContracting is Now
Andy Mayers, Dealertrack Lender Solutions strategist, recently participated in a panel discussion at retail banking industry event CBA Live. The conversation focused on dealer motivations, eContracting, operational efficiencies and internal dealer issues. From the…
The Three Pillars of eContracting
As more millennials become car buyers & demand a better online and in-store shopping experience, now is the time to dealers to streamline the F&I process.
Three Questions to Ask About eContracting Technology
Few technology solutions solve a pressing retail issue as efficiently and precisely as electronic contracting. So be sure to learn the basics, and ask the right questions.
Key Dealertrack Technology Solutions
The NADA Convention is one of the best ways to get an up close look at the latest technology solutions driving automotive retail.
The Dealership Guide to eContracting
Fast and efficient electronic contracting is changing the way deals are completed
J.D. Power: Dealers are willing to pay more for better service and greater efficiency from lenders
According to the J.D. Power 2015 U.S. Dealer Financing Satisfaction Study, overall dealer satisfaction scored 913 (out of 1,000) when using eContracting, compared to 856 when working with lenders who did not use that type of technology. The reason? Dealers are searching for higher levels of service centered around speed, convenience and efficiency.
eContracting on the rise: Dealers and lenders shift to a faster, more convenient approach
Electronic contract funding is a perfect example of how technology is introducing new ways to be more efficient and accurate. Long the domain of the traditional sales and lending approach, today there’s strong evidence that the shift to eContracting is accelerating, as dealers and lenders discover its effectiveness.
