COLORADO REGISTRATION AND TITLE
GET TO KNOW THE SOLUTIONS
IN-STATE REG & TITLE
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
- Dealertrack is the first provider supporting online in-state registration and title for Colorado.
- Dedicated live training and implementation support available for Colorado reg & title users.
- Exclusively endorsed by both the Colorado Automobile Dealer Association and the Colorado Independent Automobile Dealer Association
- No more sending runners to the County office with all transactions handled online.
- Faster printing of the title and plates and stickers to the end consumer eliminates follow up phone calls.
- Learn more about ERT and what it means for Colorado dealers, with our new podcast series – Get the Scoop on Colorado ERT with Cindy V – plus get answers to frequently asked questions.
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).
~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
2X
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.”
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
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