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Trade-In Titling Highlights from NADA 2020

by Dealertrack
on February 21, 2020

If you weren’t at NADA or didn’t get a chance to stop by the Dealertrack booth, we don’t want you to miss out on this year’s buzz about Accelerated Title. Here’s a peek at what our industry-exclusive solution offers dealerships looking to build a gameplan for saving time and money:

Title release as fast as 4-6 days

Payoff and title release for trade-ins is more important than ever with the trend of used cars contributing strongly toward dealers’ bottom lines. Dealertrack data shows an average industry timeframe for vehicle title release and vehicle payoff process of 18+ days. Accelerated Title can cut that down to as little as 4-6 days to help you speed inventory turn.

A growing lender network

Our biggest news this year is the growing network of connected lender partners who are vital to streamlining your payoff and title release. There are now nearly 60 lenders who can provide insight into title details and accurate payoff quotes to help you save on holding costs and improve your cash flow.

Want to know more about what Accelerated Title can do for your dealership? Schedule a quick demo today!

Tags: Accelerated Title, NADA 2020, Registration & Title

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