MELVILLE, N.Y. -- DealerTrack Inc. announced that Nissan Motor Acceptance Corp. and Infiniti Financial Services have implemented its eContracting product.

"This addition underscores DealerTrack's commitment to significantly increasing the number of financing sources connected to eContracting in 2004," said Mark O'Neil, president and chief executive officer.

Four auto financing sources initially helped DealerTrack pioneer its eContracting technology: Chase Automotive Finance, Subaru Motors Finance,

Wells Fargo and WFS Financial Inc. These four were the first to add eContracting to their existing DealerTrack platform integration.

Dealer customers of both financing sources will benefit from a paperless, end-to-end financing

process. This process begins with the electronic submission and decisioning of an auto credit application and continues all the way through

the electronic contracting of the retail installment sales contract.

Nissan Motor Acceptance Corp. and Infiniti Financial Services have both previously integrated their origination and decisioning systems with DealerTrack's core functionality -- the F&I Tool Suite.

"By year end, we expect the number of financing sources live with eContracting to rise to approximately 20," said O'Neil. "This will have a major impact in driving dealership adoption of the electronic contracting process."

O'Neil also said that he expects participating financing sources to process approximately $2.5 billion in eContracts by year-end 2004.

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