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Toyota, Lexus dealers’ monthly e-contracting use climbs to 92%

Over 400 dealers using TFS, LFS complete 100% of new contracts electronically each month

Whitney McDonald

Toyota and Lexus dealers’ use of Toyota Financial Services (TFS) and Lexus Financial Services (LFS) e-contracting has averaged 92% monthly since February 2020, as digital transactions accelerated amid the pandemic. “As buying preferences continue to shift, both e-contracting and e-sign capabilities become more of a necessity and make auto financing more accessible,” Toyota Financial Services […]

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