Finance Express Buys Tracker from Manheim
RANCHO SANTA MARGARITA, Calif. — Finance Express recently announced that it has purchased the Tracker Dealer Management System from Manheim.
Executives said that, while the Tracker product will no longer be offered for sale, they plan to provide technical support for the product through the end of 2007.
As part of the sale, Manheim said it will work to provide the same services that Tracker offered, including the ability to download Manheim auction purchases, search for specific makes and models for sale within the Manheim system, list vehicles for sale on AutoTrader.com and OVE.com, in addition to offering updated pricing reports from Manheim Market Report and current floor-plan balances from Manheim Automotive Financial Services.
"Finance Express was originally created to level the playing field for used-car dealers by providing them with all of the tools that were previously only available to franchise dealers," explained David Huber, president of Finance Express.
"We are now able to provide this powerful, Web-based product offering to all Tracker dealers," he continued. "We are excited about continuing to develop our relationships with the nation's two largest auto auction companies, Manheim and ADESA."
Ralph Liniado, Manheim's senior vice president of business development, added, "Integrated desktop solutions are making products like dealer management systems much more robust and valuable. Finance Express' expertise in developing and maintaining leading-edge software applications for dealers will greatly benefit the independent dealer market."
Meanwhile, Gordon Warren, vice president of general manager of Tracker, noted, "We are excited to be partnering with Finance Express. The Finance Express DMS System offers many features similar to those found in Tracker DMS, including payments and collections and reporting and integration with key accounting software."