Volvo Car Financial Now on Dealertrack’s Credit Platform
Volvo’s finance arm is the latest captive to join the software company’s credit application network. The carmaker’s dealers will also gain access to other technology solutions offered by Dealertrack.
LAKE SUCCESS, N.Y. — Dealertrack Technologies and Volvo Car Financial Services today announced that Volvo Car Financial Services has become a lender on the Dealertrack Credit Application Network.
The announcement means Volvo’s 311 U.S. dealers can now submit credit applications to Volvo Car Financial Services, the captive finance arm of Volvo Cars, through Dealertrack’s platform. They also gain access to Dealertrack’s mobile sales and F&I app to manage and track their Volvo Financial Services activity in real time from their mobile devices.
“This partnership with Dealertrack will significantly enhance support for our retailer's financing process,” said Peter Wexler, vice president of sales and marketing with Volvo Car Financial Services U.S.
“Over the years, Volvo dealers have leveraged a broad range of Dealertrack solutions and services across their dealerships as part of their overall sales and F&I workflow,” said Allan Stejskal, vice president and general manager of sales and F&I solutions with Dealertrack. “The addition of Volvo Car Financial Services to the Dealertrack network will help Volvo dealers accelerate and streamline the financing process across each of their dealerships.”
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