Rancho Santa Margarita, Calif. — Finance Express, which operates an online auto finance platform specifically designed for the independent automotive used car dealer, has bought the Tracker Dealer Management System from Manheim. Although the Tracker product will no longer be offered for sale, Finance Express will provide technical support through the end of the year.
As part of the sale, Manheim will work to provide the same Manheim integrative services that Tracker offered, such as the ability to download Manheim auction purchases, search for specific makes and models for sale within the Manheim system, list vehicles for sale on AutoTrader.com (http://www.autotrader.com) and OVE.com (http://www.ove.com), get updated pricing reports from Manheim Market Report and get current floorplan balances from Manheim Automotive Financial Services (MAFS).
"Finance Express was originally created to level the playing field for used car dealers by providing them with all of the tools that were previously only available to franchise dealers. We are now able to provide this powerful, web-based product offering to all Tracker dealers," said David Huber, president of Finance Express. "We are excited about continuing to develop our relationships with the nation's two largest auto auction companies, Manheim and Adesa."
"Integrated desktop solutions are making products like dealer management systems much more robust and valuable," said Ralph Liniado, Manheim's senior vice president of business development. "Finance Express' expertise in developing and maintaining leading-edge software applications for dealers will greatly benefit the independent dealer market."