Dealertrack: Updates Raise Digital Contracting Eligibility to 86%
Dealertrack (div. Cox Automotive) has added a number of features designed to resolve dealership “friction points” and increase the number of auto loan contracts that can be funded without manual intervention.
Executives say 86% of all contracts can now be submitted digitally thanks to a number of new and updated features, including Contracting Services for “anytime, anywhere” purchases. A new Stipulation Capture, Stipulation Delivery and Income Verification solution, set to go live later in 2026, will automate stip captures and clearings.
“Reducing fraud and automating the funding process are lenders’ top priorities. They need more communication with their digital contracting dealers about contract issues prior to submission,” writes Cox Automotive strategist Andy Mayers in a release. “Lenders have also asked us to deliver the results of point-of sale validations at the time of funding to reduce manual reviews.”
Last week, the company announced Dealertrack and Cox’s other econtracting platform, RouteOne, now feature F&I Sentinel’s Managed Originations solution.
