DealerTrack Inc., an independent web-based auto finance enabler for automotive dealers, merges with Webalg Inc., an automotive finance software company. Through the merger, DealerTrack has acquired PaymentTrack software that enables dealers to calculate, compare and analyze automotive lease transactions. DealerTrack says the acquisition of PaymentTrack creates the industry’s first “end to end” electronic processing system for complicated lease transactions from deal creation through credit ...

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