RouteOne is jointly owned by a consortium of major financial and automotive companies that came together to revolutionize the automotive finance and insurance (F&I) process.
The Collaborative Ownership of RouteOne
Established in 2002, RouteOne was founded through a strategic partnership among leading entities in the automotive and financial sectors. Their collective vision was to enhance and streamline the F&I experience for both automobile dealers and their customers across North America.
The original founding and owning companies include:
- Ally Financial: A prominent digital financial services company offering various financial products, including auto financing.
- Ford Motor Credit Company: The financial services arm of Ford Motor Company, providing automotive financing and leasing.
- TD Auto Finance: A division of TD Bank, N.A., offering a range of auto financing solutions.
- Toyota Financial Services: The finance brand for Toyota, providing financing, leasing, and service contracts for Toyota vehicles.
RouteOne's Mission and Impact
Since its inception, RouteOne has been dedicated to simplifying life and boosting business for dealerships throughout the United States and Canada. By bringing together these major players, RouteOne aims to provide a robust and efficient platform that improves the overall workflow for vehicle financing and associated products. Its continuous mission is to support dealerships in their operations by enhancing the efficiency of their F&I processes.
