More Than 5,000 Dealers Subscribe to RouteOne's Vehicle Value Product in First Year of Rollout |
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RouteOne LLC
31500 Northwestern Highway
Farmington Hills, MI, 48334
USA
Press release date: February 8, 2008
FARMINGTON HILLS, Mich., Feb. 8 - RouteOne LLC announced today that more than 5,000 dealers are now subscribed to its Vehicle Values tool since the product's launch in late 2006. The Vehicle Value tool is integrated with values from the N.A.D.A. Official Used CarŪ Guide, with Black Book scheduled for availability in early February 2008, and Kelley Blue Book in the second quarter of 2008.
The Vehicle Values tool allows dealers to precisely and quickly obtain used vehicle values during RouteOne's online credit application process. The information available to subscribing dealers and finance sources includes N.A.D.A. base values, as well as adjustments for mileage and optional accessories. The dealer can value a vehicle independently using the online Vehicle Values tool, and then effortlessly transfer all the information about the vehicle and its value to a RouteOne credit application. Subscribing finance sources may receive the same information in automated fashion, avoiding the need for a manual lookup.
"The sheer volume of dealer subscriptions in just over a year demonstrates that our dealers and finance sources find great value in this service," said Mike Jurecki, RouteOne CEO. "We strive to provide our dealers and finance sources value-added tools that will help them process and fund applications as quickly, accurately, and easily as possible."
ABOUT ROUTEONE
RouteOne was formed in 2002 by Chrysler Financial, Ford Motor Credit Company, GMAC, and Toyota Financial Services to create a more streamlined credit application for automobile dealers and their customers. Providing access to more than 21,500 dealers in North America, RouteOne's web-based system allows automotive dealers to submit credit applications to the largest indirect lenders, request credit reports, and increase profitability with RouteOne's free Dealer Reporting Suite. RouteOne's open integration business model also allows the dealer to integrate with their choice of a wide variety best in class partners, including DSPs, CRM systems, F&I modules and menu providers. RouteOne offers dealers a common platform for all their credit application financing needs. More information is available at www.routeone.com.
Source: RouteOne LLC
CONTACT: Suzi Straffon of RouteOne LLC +1-248-862-7074
Web site: http://www.routeone.com/
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