Mitsubishi Motors Credit of America Links to DealerTrack

LAKE SUCCESS, NY – DealerTrack, Inc. today announced that Mitsubishi Motors Credit of America (MMCA), the captive automotive financial services arm of Mitsubishi Motors North America, has signed an agreement to join DealerTrack’s independent online auto finance network. The agreement enables Mitsubishi dealers to use DealerTrack® exclusively when securing financing for their customers, whether through MMCA or any of the more than 140 additional financing sources available through DealerTrack’s Web-based network.

“Over 95 percent of Mitsubishi dealerships were already active on the DealerTrack platform,” said Gene Cook, director of sales and marketing at MMCA. “Eliminating our old electronic portal and integrating its functionality with DealerTrack will create new efficiencies for our dealers and allow them, in turn, to provide enhanced service and responsiveness to Mitsubishi consumers.”

MMCA became available to its dealer customers on the DealerTrack network in early July. Mitsubishi dealers can now use DealerTrack to submit credit applications electronically to MMCA and a wide range of other financing sources, monitor related application and contract status changes, access credit reports, and obtain product and program information.

“This decision by another major captive finance organization to join DealerTrack underscores our position in the marketplace as a trusted, independent financing platform,” said Mark O’Neil, DealerTrack’s chairman of the board and chief executive officer. “We are confident that DealerTrack will continue to have a positive impact on the business of both Mitsubishi dealers and Mitsubishi Motors Credit of America.”