Toyota Financial Services and Lexus Financial Services available on RouteOne’s Remote eSigning solution
FARMINGTON HILL, MI (April 28, 2020) — RouteOne announces Toyota Financial Services (TFS) and Lexus Financial Services (LFS) have enabled their Remote eSigning feature for dealers. RouteOne and TFS/LFS were the industry’s first to remotely capture an electronic signature on an indirect finance contract in 2017 through the Toyota Team Member Lease program. This widespread launch now enables all Toyota and Lexus dealers with the ability to provide the remote execution of retail installment contracts and lease agreements through a secure portal. Dealers also have the ability to include Toyota-specific protection products within their eContract package that are available to be remotely eSigned by the customer – this includes products from Toyota Motor Insurance Services, Gulf States Financial Services, and Safe-Guard.
“RouteOne’s technology enhancements have been vital to helping us meet evolving dealer and consumer expectations,” said Joanna Dean, Toyota Financial Services Vice President of Sales. “Remote eSigning is the latest step in our efforts to make financing or leasing a new vehicle with TFS and LFS easier than ever.”
RouteOne has the industry’s largest network of eContracting finance sources with over 100 available, making three out of every four RouteOne credit applications eligible to be eContracted. Today, RouteOne’s Remote eSigning functionality has over 3,000 dealers subscribed and RouteOne has waived all dealer fees associated with use of the tool through May in support of its dealer customers during the COVID-19 pandemic.
Read the entire release here
About RouteOne
RouteOne was formed in 2002 by Ally Financial, Ford Motor Credit Company, TD Auto Finance, and Toyota Financial Services to improve the F&I process for automobile dealers and their customers. Connecting thousands of dealers and finance sources in North America for vehicle financing, RouteOne’s platform delivers a comprehensive suite of F&I solutions across multiple channels: in-store, online, mobile, and via third-party solutions. Its product line-up includes credit application, eContracting, menu, online/mobile retail services and compliance. In addition, RouteOne enables dealer choice across a wide variety of best-in-class providers through open integrations with over 170 DSPs. More information is available at www.routeone.com.
