RouteOne Activates Select Ford Motor Credit Dealers for Its eContracting Pilot

FARMINGTON HILLS, Mich., Sept. 28 -- RouteOne LLC announced today that it has activated additional dealers for its eContracting pilot. The eContracting solution will pilot in select Ford Motor Credit dealerships in the Midwest. eContracting was deployed in pilot mode to select Toyota and Lexus dealerships in August.

RouteOne's unique eContracting capability will enable the creation, execution, storage, and management of motor vehicle finance agreements and ancillary documents. The solution will also provide an imaging capability, eliminating the need for related paper documents to be sent separate from the eContract package, and streamlining the vehicle financing process.

Currently, RouteOne has 123 lenders under contract for its credit application management system, including captive and non-captive finance sources, which represents over a 100 percent increase in the last 12 months. It is the only system that provides direct access to the top four captive lenders and their 10 affiliates, in addition to more than 100 other independent lenders, all within a single desktop.

About RouteOne

RouteOne was formed in 2002 by DaimlerChrysler Financial Services, Ford Motor Credit Company, GMAC, and Toyota Financial Services to create a more streamlined credit application for automobile dealers and their customers. Providing access to more than 21,500 dealers in North America, RouteOne's web-based system allows automotive dealers to submit credit applications to the largest indirect lenders, request credit reports, and increase profitability with RouteOne's free Dealer Reporting Suite. RouteOne offers dealers a common platform for all their credit application financing needs. More information is available at http://www.routeone.com/ .

  Suzi Straffon
  RouteOne LLC
  248.862.7074