ATC Launches Version 3.0 of its Fee and Tax API to Digital Retailers, Lenders and Dealership Management Systems (DMS)
With the ATC API, digital retailers, lenders and Dealership Management Systems can calculate in-state and out-of-state taxes and registration fees in real-time to sell more cars.
CENTENNTIAL, Colo., April 30, 2019 /PRNewswire-PRWeb/ -- Automotive Titling Corporation (ATC), the original innovator and industry leader of title and registration information for all 50 states (including the District of Columbia) and every taxing jurisdiction in the US, announced today that it has released version 3.0 of its fee and tax API.
Version 3.0 was designed based on feedback from Dealership Management Systems (DMS), digital automotive retailers, desking tool solutions, and thousands of dealers nationwide, on what specifically they need from a tax and fee provider. The new API will give these companies the ability to calculate tax rates, taxable value calculations, local flat taxes and registration fees for automotive purchases and leases in any state, county, and city across the US, all in one easy-to-use API.
"ATC has always been a leader in the in-state and out-of-state titling and registration services industry," said Marcus Alley, Director of Technology Partnerships for ATC. "And we're extremely pleased to offer the latest version of our tax and fee API to our customers. We strive to provide world-class technology and customer service, and integrating the ATC API into online applications will allow our customers to instantly calculate taxes and registration more accurately than ever."
Other updates to the API include:
- An expanded list of required and smart fields that allow for a more exact quote.
- The ability to use seller's and buyer's location to sort taxes and fees by in-state or out-of-state transactions for states with different rules.
- Seller override, where the dealer's address can be used to procure fee and tax info rather than the buyer's location, making it easier to match data to more traditional solutions that quote these values on sellers' locations.
"For the auto industry's first hundred years or so, the majority of motor vehicles were sold inside the dealer's own tax jurisdiction so title and registration was much easier," Alley said, "But technology has erased borders and having accurate and reliable registration, title and tax data is essential. The ATC API helps sell more cars by making the digital quote much more accessible and accurate."
For more information about ATC and its API, visit its new site at http://www.atc-api.com
About ATC: 50 states. Over 10,000 taxing jurisdictions. Nine million different combinations of vehicle ownership rules, laws, requirements and forms, all driven by the vehicle, location, type of transaction, etc. ATC covers them all. Integrating the ATC API into your online application or back office solution will allow you to instantly calculate taxes and registration more accurately for any location in the country.
SOURCE ATC
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