"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 Announces Agreement with
Carousel Insurance Services
RANCHO SANTA MARGARITA, CA, January 17, 2008-- Finance
Express, which operates the first online
auto finance platform specifically designed for the independent
automotive used car dealer, today announced
that it has signed an agreement with Carousel Insurance Services, Inc.
The integration between the Finance
Express and the Carousel system will allow dealers to instantly order
the insurance coverage needed to
complete a sale and cash their contract.
"Carousel prides itself in developing the latest technology to makes it
easier for dealers to order the necessary
insurance coverage to get their contracts funded. As the leading DMS
provider for the non-franchise dealer
industry, we are honored that Finance Express has chosen Carousel as a
provider for their dealers, and we are
happy to share in their growth," said Chris Mercer, President of
Carousel Insurance Services, Inc. "Auto
dealers are always looking for ways to streamline the process of
completing the sale and delivering the
vehicle," continues Mr. Mercer. "If a Finance Express dealer needs proof
of insurance for a customer, they
can now use Finance Express to order insurance with just a few clicks of
the mouse."
"Providing links within the Finance Express system to Carousel's
insurance offering fulfills a legitimate need
for dealers that have customers who cannot provide proof of insurance at
the time of a car sale," states David
Huber, President of Finance Express. "At the end of the day, our dealers
will be able to sell more cars as a
result of this integration."
About Finance Express
Finance Express is the leading provider of online services and web-based
technology for the independent
dealer market, including a comprehensive dealer management system with
functions such as dealer inventory
management, credit application processing, contracting, links to lending
sources, buy here pay here loan
servicing and accounting systems integration. The comprehensive program
provides dealers online access to
an end-to-end solution that provides a safe and secure environment for
participating lenders. More
information can be obtained at
www.financeexpress.com.
About Carousel Insurance Services
Carousel Insurance Services, Inc. is a California domiciled insurance
agency that specializes in auto dealer
spot delivery insurance programs in multiple states. Carousel acts as
the program administrator for highly
rated insurers who underwrite the coverage for dealerships. Carousel is
licensed as an insurance agent in all
states where the coverage is offered. The Carousel Program uses cutting
edge technology with DMS
Providers which allows a dealer to order coverage with just a few mouse
clicks. The Carousel Program gives
the auto dealer the most flexibility when ordering the insurance they
need which gives the dealer the most
cost effective insurance product in the industry. Visit
www.insuracar.com for more information.
Contact
Finance Express Corporate Communications
(949) 635-5892
Carousel Insurance Services, Inc.
(949) 421-1630
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