DALLAS, TX – lanelogic and Dealer Services Corporation (DSC), the fastest growing inventory finance company in the United States, have formed a partnership to allow DSC’s dealers to purchase inventory from lanelogic’s family of franchised new car dealerships, via the “Discover DSC” program and lanelogic’s procurement programs. lanelogic vehicles will be automatically financed through the dealer’s DSC floor plan.
Dealers can access inventory through lanelogic’s virtual fresh trade auction and template procurement, both allow a DSC dealer to order the specific used vehicles he needs. All vehicles come with a complete inspection report, reconditioning allowance, suggested retail price and buy back guarantee. lanelogic’s proprietary 45-day Buy Back Guarantee allows a DSC dealer to request that lanelogic buy a vehicle back if not sold in 45 days.
“Strategic alliances like DSC increase lanelogic’s trade floor flexibility; if a vehicle cannot be redistributed, a trader has additional options for sale, including an instant match to a DSC dealership via template ordering. These channels allow lanelogic to offer a buy bid on any vehicle regardless of age, mileage, condition or book value,” said Bruce Thompson, CEO and Founder of lanelogic.
DSC is very excited to provide a new and cost effective inventory source for our dealer base. The lanelogic concept is revolutionary, and it opens the door for independent dealers to obtain fresh new car trades that previously didn’t exist. Our goals are to help our customers to find and procure the best inventory and prices for their retail lots and to increase our penetration in financing our valued customers. ‘Service is our middle name,’ and with lanelogic’s selection of vehicles and DSC’s pre-approved financing, the process is fast, efficient and cost effective for our dealers,” said John Fuller, President and CEO of DSC.
“Prior to our partnership with DSC, independent dealers could not easily find or access inventory without a high cost middle-man. With lanelogic, DSC dealers receive vehicles from a trusted source that guarantees the condition of every vehicle, and they can fine tune their inventory purchases for each location. Our current dealers will benefit with this additional sales channel,” said Jim O’Brien, President of lanelogic.
lanelogic’s Fresh Trade Auction occurs Monday through Saturday from between 9 a.m. and 9 p.m. CST. Dealers interested in acquiring vehicles through the Fresh Trade Auction can quickly sign-up online by selecting the “fresh trade sale” option at http://www.lanelogic.com/set-up/ or by clicking the lanelogic button on the DSC dealer interface screen.
About DSC
Establishing its national footprint with 33 branches, Dealer Services Corporation has grown to 58 full servicelocations providing national coverage. Led by industry pioneer John Fuller andcomplemented by anexperienced staff, DSC provides flexible and cost effective inventory financing solutions to dealership operations in theareas of: Salvage, Automotive, Rental, RTO (Rent To Own), Powersports and Recreational Marine.DSC alsoprovidesdealer operators with competitively pricedbusinessinsurances and aftermarket products.DSC is prepared to handle all aspects of "floor planning" from the most traditionalto today’son-line environment.Recognized as an innovator of dealership programs, DSC is proud to have over 6,000 contracted dealers. For more information and to “Discover the Difference,” visit us at www.discoverdsc.com.
ABOUT LANELOGIC
lanelogic is a Wall Street inspired trade floor that redistributes vehicles from dealerships where they are not likely to sell, to dealerships where they will sell in 28 days or less for optimal profit. Launched in November of 2005 in Dallas, Texas, partnered with Internet pioneer VB2/Copart (NASDAQ: CPRT), lanelogic's credibility is enhanced by its leader and founder, CEO Bruce Thompson, former founder of American Auto Exchange. Strategic alliances with VB2, American Auto Exchange, Auction Broadcasting Company (ABC Auctions), SGS, and Great American Insurance Group mean that lanelogic is uniquely positioned to gather the needed inventory intelligence to deliver the industry's first, live guaranteed bid network.
