Control document costs
There's no getting around the fact that even the most routine car
sale requires the completion and submission of numerous forms.
Postage and shipping charges to get the right documents into
the hands of lenders and DMVs add up fast. And then there's the
expenses of copier ink, toner, and purchasing and maintaining
equipment. The fact is paper-based processing costs dealerships
thousands of dollars a month to ship and handle documents for
registration and title transactions.
3
Dealertrack's In-State Registration and Title solution provides you
with the tools to eliminate manual registration and title processes
and reduce the costs that go along with them.
Control back-end costs
Inefficient processes cost you money. When you're selling
vehicles to out-of-state customers, there's a lot for your back
office to keep track of with state-specific requirements, taxes
and fees. That complexity can eat up staff time and cost you
money since fewer deals make it out the door.
Control back-end costs and speed deals with a 50-state
registration and title solution. Dealertrack RegUSA
®
seamlessly
connects to every DMV across the country so your back office
can create custom deal scenarios based on the correct taxes
and fees for every customer, all in record time.
Take control of your registration and title processes
Schedule a no-obligation call with your regional sales
manager to discuss how Dealertrack solutions can help you
take control in any market conditions.
Take control during
uncertain times
Reg and title solutions for
operational efficiency
Dealers have been on a wild ride the past few years, and it doesn't
show any signs of slowing. Our volatile economy has interest rates
going up and down, new vehicle sales lagging then surging, and
used vehicle sales hitting record highs then losing momentum. It's
enough to give the auto industry whiplash.
However, while market conditions may be out of your hands,
control over your operations is not. Cutting costs while increasing
back-office efficiency is your best bet to survive and thrive during
uncertain times.
Whether the economy is lagging or booming, Dealertrack's digital
registration and title solutions help dealerships drive operational
efficiency and cost savings from trade-in to vehicle sold, backed
by the stability of Cox Automotive. Here's how:
Control holding costs
Getting clean titles fast for vehicles taken in on trade is vital to
pocket your full profit opportunity, but it can take 18 days or
longer using manual payoff and title release methods.
1
Dealers
waiting for titles shell out up to $40 in holding costs every day
for every vehicle that sits on the lot.
2
Holding costs vary based
on the price of insurance, interest charges, and more, but
however you look at it, waiting for titles takes a toll on your
bottom-line.
Dealertrack's Accelerated Title solution helps you take control
by streamlining and expediting your trade-in process, helping
you gain titles as quickly as four to six days or up to 70 percent
faster
1
than a manual process. You can reduce holding cost
losses and give shoppers more vehicle choices on your lot.
1 Based on average industry timeframe for vehicle title release and vehicle payoff process of 18+ days, as
determined by 2022 Dealertrack data.
2 Data based on user input and calculations using Dealertrack's Accelerated Title Savings Calculator as of
August 2022 and are not a guarantee of actual savings.
3 Based on industry standards for labor costs and Dealertrack and dealer customer data as of August 2022.
Not a guarantee of actual savings.
®
Registration & Title Solutions
