The Challenge:
Slow title releases

Every step that makes your payoff and title release process longer can affect back office efficiency and reduce your profitability.

What’s slowing things down:

Inefficient processes

Slow down the title release process, as well as create inaccuracies in payoff amounts.

Inventory on Lot

The longer you wait to receive a title on trade-ins, the more vehicles pile up on your lot compounding costly fees daily.

Slow administration process

Contacting lenders to track and report payoff info, as well as receive status updates, wastes time and resources.

Dealertrack Accelerated Title

Speed up your trade-in titling process to turn inventory faster and reduce holding costs.

Show me how

Reduce holding costs

Holding costs can be as high as $32/vehicle per day.1 Faster vehicle payoff and title release processing times help you turn trade-in inventory more rapidly — and reduce costs.

Speed up the process

Streamlined workflow processes reduce your trade-in payoff and title release time from 12 to 18 days to as little as four to six days.2

Other Challenges?

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Resources

Mastering the Art of Data-Driven Practices

Discover the ways data can help your dealership run more efficiently. In this on-demand webinar, you’ll explore all the ways your dealership can leverage data for more profitable operations across fix

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Key Takeaways: Mastering the Art of Data-Driven Practices

Looking for data-driven practices to take back to your team? Download our on-the-go PDF that highlights the key takeaways from our on-demand webinar, "Mastering the Art of Data-Driven Practices"

Read More
Digital Contracting Info Sheet

Understand the benefits of Digital Contracting on Dealertrack uniFI.

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Auto Dealership Staffing Struggles

Employee turnover is rampant in the automotive industry, and staffing problems are a money problem. Discover resources that help you smash through hiring obstacles at your dealership.

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Discover More Resources

References

  1. 1. Manheim, Online Dealer Community Survey, 2016
  2. 2. Based on average industry timeframe for vehicle title release and vehicle payoff process of 18+ days, as determined by Dealertrack data.