RouteOne announces that Volvo Car Financial Services (VCFS) is now available to dealers who use the RouteOne platform to eContract deals. VCFS joins a network of over 250 eContracting supportive finance sources, making 9 out of 10 RouteOne credit applications available to be eContracted. With RouteOne eContracting, critical contract documents and data are quickly and securely shared between dealers and finance sources, reducing contracts in transit and allowing funding to happen rapidly.
Since its formation 20 years ago, RouteOne has created innovative solutions like eContracting to help the vehicle finance industry successfully navigate an ever-changing marketplace. RouteOne continues to invest heavily in the platform to fulfill our commitment to industry leadership and continually improve our support for the dealer F&I process and a modern consumer experience.
Volvo Car Financial Services has a shared dedication for innovation and solving future industry challenges. They are a captive finance source that remains agile to support customers’ evolving needs and helping dealers create efficiencies.
“We see eContracting as part of our ongoing goal for our digital transformation efforts, which is integral to our retailers’ success by accelerating delivery speed, efficiency, and value to their customers,” said TJ Prayner, Vice President, Sales & Marketing at Volvo Car Financial Services. “Building on our digital integrations with RouteOne through their embedded eContracting within the retailers’ DMS systems later this year will continue to improve efficiencies and the customer experience throughout the entire F&I process.”
"We're pleased to welcome Volvo Car Financial Services, and the new relationships that will be formed with their dealer body, to our eContracting platform," said Amber Haseley, Director, Customer Relationships at RouteOne. "RouteOne's eContracting has become an industry-standard, bringing efficiencies and faster funding to those participating. As the F&I process continues to evolve, our toolset continues to grow to further enhance the process for our dealers and finance sources”
Dealers interested in eContracting should contact their RouteOne Business Development Manager at 866.768.8301 or www.routeone.com/about/our-team/sales-team
RouteOne was formed in 2002 by Ally Financial, Ford Motor Credit Company, TD Auto Finance, and Toyota Financial Services to improve the F&I process for automobile dealers and their customers. Connecting thousands of dealers and finance sources in North America for vehicle financing, RouteOne's platform delivers a comprehensive suite of F&I solutions across multiple channels: in-store, online, mobile, and via third-party solutions. Its product line-up includes credit application, eContracting, menu, online/mobile retail services, and compliance. In addition, RouteOne enables dealer choice across a wide variety of best-in-class providers through open integrations with over 200 DSPs. More information is available at routeone.com.
About Volvo Car Financial Services
Volvo Car Financial Services U.S., LLC is a wholly-owned Volvo Car Corp subsidiary of Gothenburg, Sweden. It provides premium financing, leasing options, and other financial services products to Volvo consumers and Volvo retailers in the United States. Learn more at volvocarfinancialservices.com.