News & Events


Tuesday, May 15, 2007
AppOne Forms Strategic Alliance with Thrifty Car Sales
BATON ROUGE, LA – AppOne, a provider of Internet-based risk mitigation and financial technology to banks, auto finance companies and independent auto dealers throughout the continental United States, announces an alliance with Thrifty Car Sales, a subsidiary of Dollar Thrifty Automotive Group that sells franchised used car dealerships.

Thrifty Car Sales provides a variety of services to their dealers including Internet sales leads, financing sources and aftermarket products branded under the Thrifty name. As part of this alliance, AppOne provides its auto financing platform to Thrifty Car Sales dealers with several programs specifically tailored to the needs of its dealers.

The dealer portal, powered and supported by AppOne with plans to become a co- branded site, provides dealers with all of the functionality of the original AppOne system, which includes access to prime and subprime lenders; the ability to price and print documentation for aftermarket products provided by Thrifty Car Sales, along with all documentation required for each loan; and access to AppOne’s MenuOne, a user-friendly online sales tool offering financing alternatives that dealers can customize for presentation to car buyers.

In addition, AppOne’s dealer services will support Thrifty franchisees, assisting in the completion of financing transactions while helping keep Thrifty franchisees compliant with all state and federal lending regulations.

“Thrifty Car Sales franchisees can offer their customers more financing options due to our recent alliance with AppOne, and in the process increase their competitiveness in the market,” said Bill Gordon, director of strategic relations and operations support for Thrifty Car Sales. “Expanded financing options for car buyers lead to increased sales for our dealers.”

“Our alliance gives Thrifty Car Sales dealers the ability to join our platform without a separate integration project”, said Lee Domingue, CEO of AppOne. “These dealers have access to AppOne’s network of lenders but also have the convenience of using a portal system and marketplace that will ultimately carry the Thrifty brand.”

About AppOne
Based in Baton Rouge, La., AppOne is an Internet-based company offering a technology solution that connects independent auto dealers with lenders. The AppOne system relies on the company’s proprietary scorecard system, which evaluates each independent dealer to determine the level of risk associated with doing business with that dealer. It also automates the funding process for dealers by printing all documents required to complete the booking of auto loans. AppOne provides lenders with a new channel of growth and field representation directly to independent auto dealers nationwide. It offers dealers faster financing options for their customers, support services and additional aftermarket fee-based products. For more information on AppOne, visit the company’s Web site at www.appone.net.