June 5, 2009
SYRACUSE, NY – XpressCredit, provider of a web-based, indirect lending platform announced today their integration with Carfax to provide Vehicle History Reports to its network of dealers and lenders across the country.
“Recent studies prove that Carfax Vehicle History Reports build consumer confidence and help dealers sell cars faster,” said Larry Gamache, communications director at Carfax. “Readily available access to Carfax Reports is key to boosting used car sales and maximizing dealer profitability.”
Carfax is the expert in vehicle history, providing used car buyers and sellers with valuable information that builds confidence. More than 22,000 data sources report information that may be found in Carfax Vehicle History Reports, such as: registration and branded title information, total loss history, mileage readings, ownership history, service and repair data and much more.
“Carfax is a leader in vehicle history service and we’re pleased to offer this service to dealers and lenders directly from our platform,” said XpressCredit Executive Vice President, Mark Louer. “This will allow users of our technology to be better informed concerning the vehicles they promote, and will better match selling opportunities for profitability.”
About XpressCredit
XpressCredit is a leading provider of a web-based, indirect lending platform. Its patent-pending solution links lenders with auto, motorcycle, RV and marine dealers nationwide. Filtering of the applicant data and collateral provides the ability for lenders to evaluate applications quickly and increase approvals and look-to-book. Founded in 1999, XpressCredit is a New York corporation headquartered in Syracuse, NY. For more information visit www.xpresscredit.net or contact Mark W. Louer, Executive Vice-President (315) 634-5101 x206, [email protected].
About Carfax (www.carfax.com)
Millions of consumers rely on the most trusted provider of vehicle history information, Carfax, each year. Using the unique 17-character vehicle identification number (VIN) found on vehicle dashboards and title documents, Carfax instantly generates a detailed Vehicle History Report on any used car or light truck. Carfax Vehicle History Reports™ provide information that can impact a consumer’s decision about a used car or truck. Carfax is a wholly-owned subsidiary of R.L. Polk & Co. For more information or to become a Carfax-subscribing dealer, visit www.carfaxonline.com.