CENTENNIAL, Colo., April 16, 2020 /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, is pleased to announce the release of version 4.0 of its fee and tax API.
Version 4.0 of the ATC fee and tax API was developed with feedback received from ATC's many customers in the lending, digital retailer, and desking solutions. The new API gives ATC customers the ability to calculate tax rates, taxable value calculations, local flat taxes, and registration fees that mirror DMV receipts for automotive purchases and leases in any state, county, and city across the US. All accomplished in one API that easily integrates into every automotive technology platform.
Enhancements to ATC's API include:
- 50+ intake variables to return the most accurate tax and registration fees possible. For example: motorcycle CCs, MPG, registration length, and RV-specific elements, among others
- <1 second response time to obtain tax and fee info for any jurisdiction
- Registration fee terms mirror DMV language; fees are now broken out to align with DMV receipts by jurisdiction
"In the last decade, the automotive industry has made great strides to improve the customer experience by using technology," said Marcus Alley, VP of Strategic Alliances for ATC. "Many steps of the car buying process have moved online to create an easier buying experience, but the complexity of tax and registration fee calculations has been a challenge. ATC's fee and tax API v4.0 provides more transparency and granularity to car buyers by making ATCs technology customers more equipped to confidently quote these numbers more than ever before. It's another example of our relentless drive to provide world-class automotive technology insights to the marketplace."
For more information about ATC and version 4.0 of the Fee and Tax API, visit http://www.atc-api.com.
About ATC: 50 states. Over 10,000 taxing jurisdictions. 15 million-plus different combinations of vehicle ownership rules, laws, requirements and forms, all driven by vehicle, location, type of transaction, etc. ATC covers them all. ATC has 25 years of experience in the collection and validation of data specific to the tax, registration, and documentation required to complete a sale and file the ownership documents with the appropriate jurisdiction.
SOURCE ATC
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