With new state compliance demands coming at the beginning of next year, the Carolinas Independent Auto Dealers Association (CIADA) recently selected Auto Data Direct (ADD) as its exclusive vendor for the pending requirement for electronic lien and title (ELT) filing.

Officials recapped that ELT refers to the method of exchanging vehicle, title and lien information electronically with a state's department of motor vehicles.  ADD's ELT services can allow finance companies to a number of tasks, including:

— Obtain an ELT number necessary to process liens on electronic titles.

— Receive electronic title assignment from the DMV.

— Request a paper title be mailed directly to the lender without releasing a lien on a vehicle.

— Release a lien on a vehicle and provide the owner unencumbered electronic title or have a paper title mailed directly to the owner.

— Manage electronic liens and titles through an online archive.

“As the state of North Carolina mandates electronic filing for dealers in January 2016, we felt it was important for the CIADA to provide the independent dealer an experienced vendor who can work seamlessly and without confusion to keep the dealer in compliance,” CIADA executive director John Brown said. 

“ADD will serve our members with the same high quality customer service that our dealers provide to their customers,” Brown continued.

ADD dealer services manager Mike Samaan noted, “ADD’s ELT services provide lenders with all of the tools necessary, with no term contracts, to be in compliance with state law while providing excellent service to their customers.

“Lenders who use our service also benefit from our free Lienlock123 which continuously monitors ELT vehicles and provides daily notifications through their account when theft reports, proposed export, or offers of sale on e-bay are located for a lienholder asset,” Samaan went on to say.

“As an experienced ELT provider, we're thrilled to partner with CIADA to offer this valuable service to North Carolina dealers,” he added.

Samaan also announced the addition of Marty Coates to the ADD team, serving the Carolinas.

“Our strategic partnership with Marty, president of Coates and Associates, will assist us in promoting our ELT service in North Carolina,” Samaan said.

“Marty's extensive training and experience in business market development combined with his relationship with thousands of dealers will help us expand our presence in the Carolinas,” Samaan continued.

Coates is the dealer trainer for the CIADA, where he provides continuing education and pre-licensing training in both North and South Carolina. He also consults with dealer clients on dealership related issues.

“We are truly excited to position ADD and the new ELT service with dealers,” Coates said. “The synergistic value of our two companies is certain to aid dealers in becoming compliant more quickly and smoothly.”

For more information on ADD’s service, visit its website at www.add123.com.