Colorado Registration and Title Overview

COLORADO REGISTRATION AND TITLE

Streamline your back office productivity with solutions to enable all your registration & titling needs, from trade-in to vehicle sold.

GET TO KNOW THE SOLUTIONS

IN-STATE REG & TITLE

Complete, fast and easy-to-use registration and titling solution.

The Colorado In-State Registration and Title solution offers a user-inspired electronic interface designed to streamline your reg & title process. We help you gain efficiency by calculating exact taxes and fees for all your transactions, eliminating the need for refund checks.

This next-generation application has been developed with direct input from title clerks, business managers and controllers.

Up to $9K/mo

savings per rooftop in manual and paper process costs.*

*Based on industry standards for labor costs and Dealertrack and dealer customer data as of August 2022. Not a guarantee of actual savings.

<4 mins.

to prepare transactions for the DMV.*

*Based on Dealertrack DMS configurations

Up to 35%

faster transaction submission with DMS integration.*

*Based on Dealertrack DMS configurations

WHY COLORADO DEALERS CHOOSE DEALERTRACK

 

COLORADO AUTOMOBILE DEALERS ASSOCIATION (CADA)

Dealertrack is proud to be exclusively endorsed as a Reg & Title partner of the Colorado Automotive Dealers Association (CADA).

COLORADO INDEPENDENT AUTOMOBILE DEALERS ASSOCIATION (CIADA)

Dealertrack is proud to be exclusively endorsed as a Reg & Title partner of the Colorado Independent Automotive Dealers Association (CIADA).

OUT-OF-STATE REG & TITLE (REGUSA®)​

Help reduce the headaches of the reg and title process for out-of-state deals.

RegUSA® helps make complex cross-border deal finalization simple for maximum productivity and customer satisfaction. Combining user-friendly online processing, professional deal audit services, and award-winning service and support with unmatched local motor vehicle expertise in all 50 states – now enhanced with additional features and an easier to use design.

* Currently not available for RV, Motorcycle and Powersport vehicles

~80%

increase in out-of-state transactions in the last 5 years.*

*Based on Dealertrack Registration and Title transactional data from 1/1/2016 to 12/31/2020.

89+ miles

average buying radius for car shoppers, which has nearly doubled in the past three years.*

*2020 Cox Automotive Car Buyer Journey research

TRADE-IN TITLING (ACCELERATED TITLE)​

Reduce holding costs and increase cashflow

When you're waiting for payoff and title release, inventory sits idle and holding costs accumulate daily. For most dealerships, that process takes 12-18+ days.* Dealertrack Accelerated Title® leverages the industry’s leading dealer-lender network to speed title release, for faster remarketing - both off your lot and at auction.

*Based on average industry timeframe for vehicle title release and vehicle payoff process of 18+ days, as determined by Dealertrack data.

70%

Faster payoff and title release. Streamline your process from weeks to days.*

*Based on average industry timeframe for vehicle title release and vehicle payoff process of 18+ days, as determined by Dealertrack data.

18X

Growth in lender adoption over five years.*

*Based on Dealertrack internal data comparing lender subscriptions from 2015 through 2020.

$37

Per day industry average holding costs dealers pay for each vehicle that sits on their lot.*
*NCM Associates Group Study 2019

2X

Nearly double your chances of selling a car on first pass at auction with a title in hand.*
*2014 (2X) & 2018 (1.6X) Manheim Articles “Impact of Delayed Titles at Auction.

LENDERS ON ACCELERATED TITLE

More lenders onboard, mean more opportunities for you to use it. See the current list of lenders who help you turn trade-in titles in as fast as 4-6 days.

“Using Dealertrack, we get titles with liens back as soon as the banks get them funded, so it helps us streamline the entire process.”

– Hubler Automotive Group, Bedford IN

IS PROCESS EFFICIENCY IMPORTANT TO YOUR BACK-OFFICE?

Empower your staff to process registration and title transactions more efficiently to get the deal out the door for customers from any state.

ADDITIONAL RESOURCES