RANCHO SANTA MARGARITA, CA – Finance Express, which operates the first online auto finance platform specifically designed for the independent automotive used car dealer, announced today that it has bought the Tracker Dealer Management System from Manheim. Although the Tracker product will no longer be offered for sale, Finance Express will provide technical support through the end of the year.
As part of the sale, Manheim will work to provide the same Manheim integrative services that Tracker offered, such as the ability to download Manheim auction purchases, search for specific makes and models for sale within the Manheim system, list vehicles for sale on AutoTrader.com and OVE.com, get updated pricing reports from Manheim Market Report and get current floorplan balances from Manheim Automotive Financial Services (MAFS).
“Finance Express was originally created to level the playing field for used car dealers by providing them with all of the tools that were previously only available to franchise dealers. We are now able to provide this powerful, web-based product offering to all Tracker dealers,” said David Huber, President of Finance Express. “We are excited about continuing to develop our relationships with the nation’s two largest auto auction companies, Manheim and Adesa.”
“Integrated desktop solutions are making products like dealer management systems much more robust and valuable,” said Ralph Liniado, Manheim’s Senior Vice President of Business Development. “Finance Express’ expertise in developing and maintaining leading-edge software applications for dealers will greatly benefit the independent dealer market .”
“We are excited to be partnering with Finance Express,” said Gordon Warren, Vice President and General Manager of Tracker. “ “The Finance Express DMS System offers many features similar to those found in Tracker DMS, including payments and collections, and reporting and integration with key accounting software.”
About Finance Express
Finance Express is the leading provider of online services and web-based technology for the independent dealer market including a comprehensive DMS with functions such as dealer inventory management, credit application processing, contracting, links to lending sources, dealer management tools, loan servicing, accounting systems integrations, and licensed escrow services. The comprehensive program provides dealers online access to an end to end solution and provides a safe and secure environment for participating lenders.
Manheim is the world’s leading provider of automotive remarketing services. Through its live auctions and array of technology products, Manheim impacts every stage of a used vehicle’s life cycle, helping commercial sellers and automobile dealers realize the full value of their vehicles. The company’s services include reconditioning, certification, inspections, dealer financing, transport, title management and marshaling, among others. Manheim is also the leader in remarketing technology, using its online tools to connect buyers and sellers around the globe to the world’s largest, most comprehensive wholesale marketplace. A wholly owned subsidiary of Cox Enterprises, Atlanta-based Manheim is a global organization with 32,000 employees at its 145 U.S. and international locations.