LAKE SUCCESS, N.Y. -

In an effort to continue to advance the adoption of digital technologies among automotive finance companies and dealers, Dealertrack recently announced that Ally Financial is now broadly available for eContracting through the Dealertrack platform.

Dealers in 42 states currently have access to Ally for eContracting via Dealertrack, and officials indicated the remaining eight states are expected to have accessibility over the next several weeks. 

Ally president of automotive finance Tim Russi said, “eContracting is gaining momentum and popularity — and will be a vital part of the car buying process in the years to come because of its convenience and efficiency.

“The broad availability of eContracting on the Dealertrack F&I platform gives more dealers the opportunity to evolve their contract process and receive faster funding with Ally, thus giving car buyers a better customer experience,” Russi continued.

From generating contracts for execution to the electronic verification, signature, submission and storage of contracts, Dealertrack can deliver an end-to-end eContracting solution for dealers and finance companies. Since introducing its eContracting solution several years ago, Dealertrack has booked more than 3 million eContracts. Mobile options are also available, and contract review and signing can be performed on either an iPad or Android tablet. 

“Digital technology is transforming the way dealers and car buyers interact, including the finalization of deals and contracts,” said Mark Furcolo, senior vice president of lender solutions at Dealertrack.

Furcolo continued, “eContracting is a key part of Dealertrack’s Dealflow Advantage, uniting online and in-store processes and linking the customer journey to facilitate a transparent, efficient process for car buyers, dealers and automotive finance providers, such as Ally.”