Chrome Systems' PaymentDriver Solution Deployed by NADAguides
PORTLAND - Chrome Systems, Inc., a subsidiary of DealerTrack Holdings, Inc., announced that NADAguides, a publisher of vehicle pricing and information for new and used cars, has integrated Chrome's PaymentDriver solution into the NADAguides.com website.
Chrome's PaymentDriver solution is the first payment calculation that allows dealers and other third party online providers to offer consumers the ability to generate accurate online monthly payments for specific vehicles.
Dealers can offer consumers lender and rate choices from the hundreds of available lending institutions to drive qualified traffic to their web sites by allowing visitors to estimate payments for any vehicle based on current rates and incentives in their area.
"Visitors to NADAguides.com will now be able to more precisely calculate and compare side-by-side projected lease and retail payments for thousands of new and used vehicles," said Amit Maheshwari, general manager, DealerTrack Data Services.
"PaymentDriver is the only dealer-configurable calculation solution that leverages up-to-date finance rates and residuals from hundreds of lending institutions."
According to Troy Snyder, director of product development at NADAguides, "We believe showing a real payment on an actual vehicle selected by the consumer is a critical part of the vehicle researching and shopping experience, and an element necessary to make the most informed purchase decision possible.
PaymentDriver from Chrome delivers the accuracy that can lead to more website traffic and more highly qualified leads for dealers."
Introduced earlier this year at the NADA show, PaymentDriver is becoming the industry's leading payment-calculator service for automotive portals, manufacturer and dealer websites, as well as mobile applications.
More Industry

Consumers Mixed on Economy, Finances
A July survey shows spotty sentiment of current and future conditions, in addition to demographic differences as overall opinion of present circumstances kept sliding.
Read More →
EVs Closing the European Gap
Electrified powertrains led June new-vehicle sales in Europe, reaching 26% of the market.
Read More →
Early Intervention Saves Retention
Sales and service departments have the highest annual dealership turnover rates, according to a new industry report, costing money and time that could be better spent elsewhere.
Read More →
Autos More Appealing
Consumers gave new cars better scores again this year for design, performance and more as mass-market brands kept gaining on premium lineups, JD Power found in an annual poll.
Read More →
Used EVs Defy Overall Market
While the used-car market saw three months of price declines or stagnation, the used EV segment did the opposite – rising for three straight months.
Read More →
Trade-Ins in Negative Equity Reach New Heights
As such trade-ins rise in frequency, so do monthly loan payment amounts and interest rates, according to second-quarter data compiled by Edmunds.
Read More →
Gone to the Dogs
A Stellantis brand decided to have some fun with one of its SUVs’ design to address growing emphasis on family pets.
Read More →
OEM Poll Sees Industry Evolution
Kerrigan Advisors’ survey of automakers finds that tariffs, technology, network tightening and other factors are poised to reshape auto retail.
Read More →
Luxe N.C. Dealerships Change Hands
A collection of Italian and English brand franchises were handed off to the owner’s friend in the business and include the Carolinas’ only Ferrari retail stores.
Read More →
Exposure Drives Interest in Chinese Cars
At a recent demonstration, consumers had the chance to ride in a Chinese-branded vehicle, a firsthand experience that improved their perceptions and purchase intent.
Read More →