By Hope Ramirez - March 31, 2021
ELT, electronic lien and title, is a program that is offered in several states in the US which allows for the electronic exchange of lien and title information with lienholders in place of a paper certificate of title. ELT was developed by the American Association of Motor Vehicle Administrators, which is a non-governmental agency that develops programs for the motor vehicle administration, as well as police and highway safety. The AAMVA maintains the National Motor Vehicle Title Information System (NMVTIS) which enables vehicle titling agencies to verify the information on a title with the issuing state’s electronic records in order to reduce vehicle theft and fraud. This system is available to all federal, state and local law enforcement, insurance agents, and dealers/auction companies.
The states that do follow the ELT program have several benefits which include:
Dealerships can use electronic titling companies such as CVR, Computerized Vehicle Registration, Inc., which is integrated with several DMS Systems including Deal Pack Pro, to get title requests done quickly and accurately which just a few clicks of a button.
Some of the services that CVR does for dealerships include:
If you would like more information about electronic titling within Deal Pack, please reach out to Customer Support at 800-526-5832.
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