Dealertrack
UnclaimedConnected dealership software for faster deals, improved profitability, and customer satisfaction.
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TL;DR - Dealertrack
- Connects entire dealership workflow from DMS to finance.
- Accelerates deal processing, digital contracting, and funding.
- Enhances compliance and customer satisfaction for dealers and lenders.
Pricing: Paid only
Best for: Enterprises & pros
Pros & Cons
Pros
- Streamlines the entire automotive deal process from start to finish.
- Access to the industry's largest lender network for credit and digital contracting.
- Built-in compliance features help protect dealerships from fraud and audit risks.
- Cloud-based DMS allows for efficient work from anywhere.
- Significantly speeds up contracting and funding processes, with 86% faster funding reported.
Cons
- Specific pricing details are not publicly available and require a demo/consultation.
- Primarily focused on the automotive industry, limiting broader application.
Key Features
Dealer Management System (DMS) with cloud-based accessF&I and Credit Application solutions with access to a large lender networkIntegrated compliance checks (Red Flag, OFAC, disclosures)Digital Contracting and Remote Signing for complete funding packagesF&I Aftermarket product integration with real-time pricingLoan Acquisition and Retention tools for customer engagementLoan Originations for efficient financing experiencesSeamless integration with over 375 OEMs and 1,500 lenders
Pricing
Paid
Dealertrack offers paid plans. Visit their website for current pricing details.
About Dealertrack
By Toolradar Team·
Dealertrack provides a comprehensive suite of connected solutions designed to streamline operations for automotive dealerships and lending organizations. It integrates the entire deal process, from Dealer Management System (DMS) to finance, enabling faster transactions, increased profitability, and enhanced customer experiences. The platform offers tools for managing F&I processes, credit applications, compliance, and digital contracting, all backed by the extensive Cox Automotive ecosystem.
This platform is ideal for both automotive dealers seeking to optimize their sales workflows, improve efficiency, and ensure compliance, and for lenders looking to make auto lending a smoother, more efficient, and profitable process. By connecting various stages of the vehicle sale and financing, Dealertrack helps users reduce friction across departments, accelerate funding, and maintain strong relationships with customers and partners.
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Dealertrack FAQ
How does Dealertrack's DMS integrate with existing dealership tools and OEM systems?
Dealertrack DMS connects seamlessly with over 375 OEMs and 1,500 lenders. It is designed to integrate with the tools dealerships already use, simplifying operations and reducing friction across departments.
What specific compliance features are built into Dealertrack to protect dealerships?
Dealertrack includes robust compliance features such as Red Flag alerts, OFAC checks, and personal security questions to spot potential fraud early. It also provides built-in checklists for disclosures and secure document organization to ensure audit readiness.
Can customers sign contracts remotely using Dealertrack's Digital Contracting solution?
Yes, Dealertrack's Digital Contracting & Signing allows for complete funding packages to be signed in-store or remotely, on any device. This facilitates faster submission to the digital contracting lender network for potential same-day funding.
How does the Enhanced F&I Menu powered by Darwin improve the customer experience?
The Enhanced F&I Menu, powered by Darwin, provides a more personalized experience by clearly and smoothly presenting aftermarket product options directly within the Dealertrack system, helping to increase profits on every deal.
What is the reported impact of Dealertrack on funding speed for dealerships?
Dealertrack significantly accelerates funding processes. Dealerships utilizing the platform have reported experiencing 86% faster funding compared to traditional methods.
Source: us.dealertrack.com