VINtek Participates in Drafting ELT Legislation in California
After seven years of providing electronic lien and titling in that state, VINtek said it has assisted California lawmakers with the drafting of the state’s ELT legislation, which was signed into law by Gov. Arnold Schwarzenegger on Oct. 11.
PHILADELPHIA — After seven years of providing electronic lien and titling in that state, VINtek said it has assisted California lawmakers with the drafting of the state’s ELT legislation, which was signed into law by Gov. Arnold Schwarzenegger on Oct. 11. ,
The California Assembly Bill 1515 “Vehicles: Electronic Lien and Title Program” requires that the director of the California Department of Motor Vehicles (DMV) develop a mandatory ELT program by Jan. 1, 2012, if the director finds that ELT is more cost-effective than the current paper-based process. California currently offers a voluntary ELT program, which according to the DMV, is used for approximately 10 percent of titles issued with liens in California.
“VINtek commends the California government for advancing ELT in the state to become more environmentally friendly, as well as cost-effective,” said Larry Highbloom, president of VINtek. “As states wrestle with budget gaps some, such as California, have resorted to furloughs in the DMV division which impacts customer service.”
“ELT will enable DMV’s to reduce costs in a less disruptive and more sustainable way. Efficiency is increased throughout the DMV by moving from a paper-based process to a completely paperless system. The DMV not only saves trees but also eliminates unnecessary costs associated with handling paper documents such as postage, supplies and handling expenses,” he added.
VINtek provides automotive lenders with collateral management services including ELT technology, a “green” initiative that replaces paper titles with digital data for lienholders and business process outsource administration of automotive collateral.
More F&I

Integrating Nontraditional F&I Products
The niche presents a strategic advantage for auto dealerships as they move to adapt to fast-changing consumer expectations in today’s market.
Read More →
Trust Is Personal
Technology, no matter how efficient, can’t replace what the human F&I manager can do, which is to bridge the divide between cyberspace and the in-store experience.
Read More →
Amplify 2026 Billed as Turning Innovation Into Results
Reynolds and Reynolds says its annual retail summit will connect dealers with practical strategies, peer insight, and technology-driven ideas.
Read More →
Own Your Outcome: F&I in the Digital Customer Journey
Finance has historically been the last step in the car-buying process, but it doesn’t have to be. The customer’s journey starts long before they arrive at the dealership, and so should F&I’s involvement.
Read More →
Tariffs Could Raise Insurance Premiums
As U.S. import tariffs affect repair costs, consumers might find it more affordable to replace a damaged vehicle, according to recent Insurify tariff analysis.
Read More →
Smaller Loans, Longer Terms
The youngest generation of car buyers is more likely to finance less expensive vehicles, more than half of generation Z consumers borrowing less than $25,000.
Read More →
New Lifetime Battery F&I Product Meant to Drive Dealer Traffic
EFG Cos. offering is intended to create lifetime auto dealer engagement with customers.
Read More →
The Psychology Behind Menus That Increase Add-On Sales
There is a science to crafting a menu that gives customers confidence in the choices presented, and moving the process outside the F&I office can further boost results.
Read More →
Why Your F&I PVR Is Misleading You
Here’s a handy checklist of the numbers to track in 2026 instead.
Read More →
Auto Consumer Anxiety Presents Opportunity
A survey of U.S. drivers found the majority are concerned about finances and the economy, but those fears make many ready to buy vehicle-protection products.
Read More →