Despite barriers, e-contracts are poised for takeoff in '08.(Insight)

Automotive News, February, 2008 by Henry, Jim

Byline: Jim Henry

It has taken more than a decade, but 2008 could be a breakout year for those who want electronic vehicle finance contracts to supplant paper ones. That would be a big step toward paperless auto sales.

E-contracts and other electronic documents could limit the time consumers spend in showrooms and finance and insurance departments. It even could make the dealership visit optional.

AutoNation Inc., the largest U.S. dealership group, is rolling out what it calls AutoNation Direct. The Internet-based sales channel is designed to allow customers to order and ...