Cox Automotive’s DealerTrack in-state registration and title answer replaces Colorado’s Division of Motor Autos with new, digital functionality


The Colorado Vehicle Sellers Affiliation and the Colorado Unbiased Vehicle Sellers Affiliation each particularly endorse

  • Colorado Dealerships will now be capable to course of registration and title transactions electronically with the Colorado Division of Motor Autos (DMV).
  • Streamlined processes save money and time, sellers can finalize offers sooner for his or her prospects.
  • Having a paperless course of reduces the errors inherent in paper processes, whereas offering a brand new normal in shopper safety and fraud prevention.

atlanta, 3 October 2022 /PRNewswire/ — Cox Automotive right this moment introduced that the Colorado Vehicle Sellers Affiliation (CADA) and the Colorado Unbiased Vehicle Sellers Affiliation (CIADA) have solely endorsed each DealerTrack’s in-state registration and title answer, enabling sellers to Gives the flexibility to register and course of title transactions electronically. With the Colorado DMV.

,Colorado Joins 30 different state DMVs who’ve adopted and adopted digital processes to streamline car registration and title,” mentioned Tim JacksonPresident and CEO of CAD. “It now not requires a troublesome course of. This new providing offers shopper safety, fraud prevention and time-saving advantages that our county clerks, dealerships and customers will respect.”

of Colorado The legislature joined a rising variety of state jurisdictions authorizing the usage of digital registration and title companies. Sellers and licensed customers can now carry out these essential registration and title companies at their areas, giving Coloradoans the flexibility to make fewer journeys to the DMV to get their plates and registration playing cards.

“The Colorado DMV has taken one other step in the proper path for native automotive sellers and automobile consumers,” mentioned David Cardella, CEO of CIADA. “The tempo behind digitizing registrations and titles reveals no indicators of slowing down and Colorado The car stands out for its ahead considering by redesigning processes to save lots of everybody concerned in shopping for money and time.”

DealerTrack in-state registration and title answer helps dealerships to shut offers sooner and saves pointless prices as in comparison with guide paper course of. With this new platform, Colorado Dealerships will be capable to:

  • Calculate correct taxes and expenses and put together transactions for the DMV in lower than 4 minutes
  • are prone to be . Save as much as a median of $10,000 Month-to-month per dealership location in pointless prices which have change into embedded in guide documentation, delivery and dealing with processes
  • Stand up to 70% sooner turnaround on trade-ins when the answer is mixed with DealerTrack’s accelerated title, which manages the cost, lien and title launch course of.
  • Save time and cut back re-keying associated errors by as much as 90% when information is imported straight from the Vendor Administration System (DMS).

“With the expansion anticipated in automotive ecommerce, the digital instruments that join all features of the automobile shopping for course of, reminiscent of registration and title, are extra essential than ever,” commented. kat gavinoVice President Operations, Vendor Companies at Cox Automotive. “We congratulate Colorado Dealerships and their DMVs to undertake digital know-how to make the automobile shopping for course of simpler and sooner.”

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About DealerTrac

DealerTrack offers industry-leading software program options that give dealerships, lenders and companions the arrogance to thrive within the ever-changing automotive market. The corporate’s highly effective easy-to-use built-in suite of services and products helps dealerships, and their lending companions develop by rising effectivity and enhancing decision-making. DealerTrac is a part of the Cox Automotive household, an organization that’s altering the best way the world buys, sells, owns and makes use of automobiles. DealerTrack – coupled with its unmatched community of dealerships and lending companions, is enhancing the automobile shopping for expertise by embracing applied sciences that may form the way forward for automotive retail. For extra info on DealerTrac, go to www.dealertrack.com,

About Cox Automotive

Cox Automotive Inc. Makes the acquisition, sale, possession and use of autos straightforward for all. Over 27,000 workforce members from a world firm and household of manufacturers together with AutoTradersupplier.comdealertrac, kelly blue e-bookMannheimNextgear CapitalWin Optionsweauto and xtimeCaptivated with serving to tens of millions of automobile consumers, 40,000 auto supplier purchasers throughout 5 continents and plenty of others within the automotive {industry} for generations to return. Cox Automotive is a subsidiary of Cox Enterprises Inc., a privately owned firm. atlantaAn organization with annual income of about $20 billion. www.coxautoinc.com

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