New York Registration and Title Overview

NEW YORK 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 New York In-State Registration solution offers a user-inspired electronic interface designed to streamline your reg & title process, and help you to process transactions more efficiently.

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

682,000+

registration and title transactions processed in New York by Dealertrack in 2020*.

*Dealertrack New York registration and title transactional data, FY2020

~24%

increase in in-state transactions processed nationwide through Dealertrack since 2016.*

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

70%

of dealers say that integrating technologies has impacted their sales department the most, helping drive profitability for the dealership.*

*2019 Cox Automotive Tech Impact Survey of 219 dealers

WHY NEW YORK DEALERS CHOOSE DEALERTRACK

 
  • DMV waives plate and registration document fees for dealers enrolled in Partnering/OLRS.
  • Partners now have 5 extra days to submit processed DMV paperwork – a total of 10 days.
  • Enrolled dealers have a dedicated support and guidance available, and access to live training and on-demand webinar training.

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.

“If the system goes down, I can’t register vehicles, therefore I am not selling vehicles. So it’s important to have the trust that things are always working so we can keep working, but also that my team is confident and has the ability to use the system fully without pause or confusion. It’s very user-friendly and we trust the information the system is providing us.”

– Mini of Manhattan, New York NY

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