Wednesday, Jun. 13, 2007, 08:00 PM UPDATED 11:59 AMBy Nick Zulovich
BATON ROUGE, La. — AppOne announced it has partnered with Thrifty Car Sales. As part of this relationship, AppOne said it will provide its auto financing platform to Thrifty Car Sales dealers, with several programs specifically tailored to the needs of Thrifty dealers.
Thrifty Car Sales provides a variety of services to its dealers, including Internet sales leads, financing sources and aftermarket products branded under the Thrifty name.
AppOne and Thrifty said they have plans to make the portal a co-branded site.
According to executives, the offering will provide dealers with all of the functionality of the original AppOne system, including access to prime and subprime lenders; the ability to price and print documentation for aftermarket products from Thrifty Car Sales; all documentation required for each loan; and access to AppOne's MenuOne, which is an online sales tool that offers financing alternatives dealers can customize for presentation to car buyers.
In addition, AppOne's said its dealer services division will support Thrifty franchisees, assisting in the completion of financing transactions while helping keep Thrifty franchisees compliant with all state and federal lending regulations.
"Thrifty Car Sales franchisees can offer their customers more financing options due to our recent alliance with AppOne, and in the process increase their competitiveness in the market," explained Bill Gordon, director of strategic relations and operations support for Thrifty Car Sales.
"Expanded financing options for car buyers lead to increased sales for our dealers," he continued.
"Our alliance gives Thrifty Car Sales dealers the ability to join our platform without a separate integration project," said Lee Domingue, chief executive officer of AppOne.
"These dealers have access to AppOne's network of lenders, but also have the convenience of using a portal system and marketplace that will ultimately carry the Thrifty brand," he concluded.