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Auto One Teams With DealerTrack

by Staff
September 17, 2002
2 min to read


DealerTrack.com,

Inc. announced Sept. 17 that Auto One Acceptance Corporation has

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connected to DealerTrack's Internet-based auto financing system.



The DealerTrack finance solution enables Auto One's

dealerships to manage the entire auto finance process and complete financing. DealerTrack says this makes the

process simpler and easier for dealers and boosting customer

satisfaction.

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"Auto One is excited to be joining the growing list of lenders

participating in the DealerTrack online system," states Doug Baker,

Auto One's senior vice president of Sales. "As a company, we expect to

see an increase in efficiency, quality, and overall production. In

addition to being able to electronically submit credit applications

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and obtain extremely fast responses, our dealer customers will also

enjoy the benefit of accessing real-time application and contract

status information, along with up-to-the-minute Auto One rates and

program information. When combined with our already fast turnaround

time and superior service, such access and efficiencies cannot be

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overstated."



DealerTrack says their technology allows

dealers to reduce the time associated with the traditional

financing process by electronically routing applications to connected

lenders and finance companies such as Auto One. In addition, the

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service provides dealers access to discounted customer credit reports.

DealerTrack provides Auto One's dealer customers with the tools they

need to operate their finance business.



"Auto One is a significant addition to DealerTrack's growing

lender base," said Mark O'Neil, DealerTrack's president and chief

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executive officer. "Dealers will benefit from the convenience of being

able to quickly and easily access Auto One's full range of financial

products through DealerTrack, while Auto One improves the efficiency

of its credit operations. Auto One is a leader in its market, and it

will help DealerTrack continue to build momentum."

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About DealerTrack.com, Inc.


DealerTrack.com, Inc. is a technology services company

enabling finance transactions between automobile dealers and lenders.

The company provides an impartial, end-to-end loan and lease

transaction channel for

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finance companies and dealers by automating credit processes, speeding

lending communications and minimizing transaction expense through the

use of the Internet. More than 16,500 dealerships nationwide currently

use the DealerTrack system to electronically communicate and transact

with their lenders.

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For more information about DealerTrack, please contact Michael

Kurdziel, Vice President of Marketing, 805/963-8688 x123 or

mike.kurdziel@dealertrack.com. Auto dealers may contact DealerTrack at

877/357-8725; interested lenders may contact Rich McLeer, National

Alliance Manager, 631/486-1649 or richard.mcleer@dealertrack.com.

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About Auto One Acceptance Corporation.


Originally founded in November 1988, Auto One Acceptance

Corporation is a special credit finance company. Its funding and contract servicing are facilitated

from its central headquarters in Dallas and a satellite operation

center in Houston, Texas. For more

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information on Auto One, please visit www.autoone.com.


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