Finance Insurance

Car shoppers, dealers, lenders saw e-contracting boom in 2021

Wolters Kluwer found e-contracting adoption has grown to have a presence in 9 million out of 28 million auto finance deals in 2021. (Gerd Altmann\/Pixabay)
Wolters Kluwer found e-contracting adoption has grown to have a presence in 9 million out of 28 million auto finance deals in 2021. ((Gerd Altmann\/Pixabay))
June 01, 2022 02:48 PM

A third of all new and used auto financing deals last year involved an electronic contract, a figure reflecting a significant increase in digital paperwork last year, according to information and software provider Wolters Kluwer.

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