XpressCredit Teams Up with KBB for Values, Much More
SYRACUSE, N.Y. — XpressCredit executives announced Wednesday its lending partners and dealers have now gained a wide range of new- and used-vehicle data, values and related vehicle information and content thanks to a new partnership with Kelley Blue Book.
By incorporating InfoDriver into its indirect lending platform, XpressCredit's partners and dealers can gain current vehicle information and values from KBB. Ultimately, this can help to ensure accurate market information and make the lending process easier when both sides agree on values, officials pointed out.
"In addition to the Kelley Blue Book data for newer models, this data for pre-owned vehicles is crucial for our independent dealer base to make educated pricing decisions," said Mark Louer, executive vice president of XpressCredit.
"This will add value to our service and help dealers using the XpressCredit platform to sharpen prices and realize greater profits," he explained.
Comprising more than just core data, KBB's InfoDriver also gives lenders up-to-date information on multiple vehicle value types, according to XpressCredit.
"Kelley Blue Book's Web-based data syndication products make acquiring accurate vehicle information easier than ever before," said Brad Prickett, director of industry products for Kelley Blue Book.
"InfoDriver provides customers with rich content in a flexible format, giving them the ability to enhance their user experience with trusted automotive information," he expanded.
"By incorporating Kelley Blue Book's timely and trusted values into the XpressCredit solution, XpressCredit can now offer their users the automotive information they can rely on as well as the Kelley Blue Book Values used by many top lenders," Prickett explained. "This can speed the lending and sales process when all sides agree upon the value of the vehicle," he finalized.