icon-branding Events Icon Created with Sketch. Inventory Icon Created with Sketch. icon-mail-hovericon-mail Marketing Icon Created with Sketch. icon-operationsicon-phone-hovericon-phone Product Training Icon Created with Sketch. Sales Icon Created with Sketch. Service Icon Created with Sketch. icon-social-fb-hovericon-social-fbicon-social-google-hovericon-social-googleicon-social-linkedin-hovericon-social-linkedinicon-social-rss-hovericon-social-rss icon-social-twitter Created with Sketch. icon-social-twitter-hovericon-social-twittericon-social-youtube-hovericon-social-youtube

Lender Solutions

Technology & Services to Support the Full Loan Lifecycle

Enhance digital efficiency to deliver better service and client experiences.

Successful auto retailing for lending institutions is the balance of streamlining operations for efficiency and delivering high levels of service, all while ensuring compliance with state and federal laws. Cox Automotive provides efficient and compliant solutions for auto lenders throughout the lifecycle of the loan: from digital retailing to application processing and digital contracting for loan originations, through to loan servicing, contract recoveries and overall title management.
Cox Automotive Family Stamp
Play Video about Cox Automotive Family Stamp

 

Get Reliable Vehicle Valuations

Pulling from 2.9 trillion data points, Kelley Blue Book Valuations delivers a comprehensive set of data to help lenders reliably determine their entire portfolio’s value, monitor risk, and ensure loan originations align with current vehicle values, asset by asset. Manheim Market Report (MMR) provides the most accurate wholesale valuations based on vehicle year, make, model and style, among other criteria. Historical MMR and forecast MRR valuations allow lenders’ risk and remarketing departments a deeper view of the historical and future wholesale values of their portfolio.

 

Originate Loans Safely & Securely

Maximize auto loan opportunities by creating your customized inner circle of dealers from our network of 22,000+ franchise and independent dealerships. Dealertrack enables banks, credit unions, captive financiersand independent finance companies the real-time ability to securely receive and decision credit applications online from their dealer partners. Through Bookout for Lenders, a simple click provides accurate retail, loan and trade vehicle valuations from your preferred authoritative source (Kelley Blue Book, J.D. Power or Blackbook).

 

Drive Your Originations Your Way

Digital shopping is here. Consumers expect it, dealers are delivering it – and they both need lenders to support it. Help turn today’s car shoppers from casual browsers to contract-ready buyers for your dealer partners – and drive your loan origination business at the same time. API-driven solutions allow consumers to browse inventory, select a car, calculate payments, and apply for the loan.

 

Optimize Funding and Service through eContracting

Add ease and convenience that speed contract signing and funding, Dealertrack Digital Contracting with Remote Signing helps keep car sales moving. Flagging errors and missed signatures before dealer submission ensures contract integrity, reducing a critical cause of re-contracting and speeding funding to as fast as the same day. Lenders can confidently securitize loans and pool assets with authoritative versions of contracts stored in a secured, certified eVault that is legally recognized across all 50 states.

 

Increase Efficiency with End-to-End Title Management

Managing more than half of all titles in the U.S.*, Dealertrack provides comprehensive title management services for both paper and electronic titles. Industry-exclusive Accelerated Title bridges both F&I and title management workflows, so lenders can streamline payoff and title release for vehicle trade-ins, total loss and refinancing transactions.

 

*2022 Cox Automotive Internal Gov’t Affairs Data

Stay Informed

Keep current with the latest industry trends and insights to help guide your lending strategy.

Ready to get started?