"Finance Express is the best platform I've seen for integrating buy here pay here
and special finance together. It can be a total capital solution."
Kenneth B. Shilson, CPA
President, Subprime Analytics
Principle, Shilson, Goldberg, Cheung & Associates, LLP
Founder and President, National Alliance of Buy Here Pay Here Dealers
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Finance Express adds Black Book Used Vehicle Values to FEX
February 8, 2007
Gainesville, GA - National Auto Research, publisher
of the popular Black Book family of vehicle appraisal guides, is pleased
to announce that their used vehicle values have been added to Finance
Express' FEX inventory management solution. FEX fully integrates
regional, national, and local lenders into the dealer management system
with accounting, collections, buy-here-pay-here, and inventory
management capabilities.
David Huber, president of Finance Express, commented "Our goal is to
provide independent used car dealers with a web-based platform that will
automate and accelerate the dealer to lender relationship, including
credit application processing, credit bureau access, electronic
contracting, lead generation, and complete escrow services. Our Dealer
Management System was created exclusively for used car dealers. The
majority of the used car dealers we serve rely on Black Book values, so
incorporating them into our DMS was a priority. Dealers who use FEX no
longer have to look up each vehicle separately - FEX can automate that
process and even update the dealership's inventory portfolio on a weekly
basis."
Bob Burnett, President of Black Book, said: "We are pleased that Finance
Express has added access to Black Book data to their FEX Dealer
Management System. We have been providing used vehicle values to dealers
and financial institutions for 50 years, and we are committed to staying
on the cutting edge of new and innovative technology. We look forward to
working with a respected company such as Finance Express to better serve
our shared customers."
About Black Book Considered to be the industry's most timely and
accurate source of vehicle pricing data, the Black BookŪ family of
vehicle appraisal guides (www.BlackBookUSA.com) is published by National
Auto Research, a division of Hearst Business Media. New and used car
dealers, lenders, manufacturers, fleet remarketers, and government
agencies have relied on Black Book since 1955. Black Book provides
values for both new and used vehicles, including cars and light trucks
produced since1946, motorcycles, ATVs, snowmobiles, personal watercraft,
and heavy duty commercial trucks and trailers. Black Book data is
published weekly in multiple formats including printed guides,
electronic data feeds, Internet-based real time applications, hand held
PDAs, and in a variety of other custom products
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