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Revolutionizing the Online Car Buying Experience: Cox Automotive and Canopy Connect Collaborate

Published on

May 7, 2024

Contributors

Ray Huang

Head of Marketing

Ray is the Head of Marketing at Canopy Connect and has helped dozens of startups and growth companies over his 20-year career to develop strategies and implement tactics that yield high-impact results.

We've partnered with Cox Automotive, the world's leading automotive services and technology provider. Our partnership integrates insurance verification and servicing capabilities into Cox Automotive's Ecommerce solution—enhancing the online car-buying experience for both consumers and dealerships.

A New Era of Car Buying

Cox Automotive Ecommerce is renowned for providing a fully automated and online consumer car buying experience. With the integration of Canopy Connect's insurance verification and servicing technology, the platform is set to revolutionize the traditional deal process.

"Canopy Connect's technology helps Cox Automotive Ecommerce realize its vision for an end-to-end online car buying experience. We look forward to further integrations with Cox Automotives’ portfolio of products to add insurance verification and servicing capabilities."
Tolga Tezel, Founder and CEO of Canopy Connect

The collaboration will leverage state-of-the-art automation and AI capabilities to deliver increased efficiency and fraud prevention measures, benefiting both car shoppers and dealerships.

According to Cox Automotive Ecommerce Platform Analytics, approximately 70% of car shoppers engage in some form of ID verification during their shopping experience. This integration aligns with Cox's vision to transform the auto retail transaction, making it more convenient for consumers to verify their insurance and reducing the risk of fraud for automotive dealers.

"We set out to build an end-to-end online car buying platform and knew that insurance verification was a key part of the F&I process that was missing. We worked with Canopy Connect's technology and team to bridge that step so our dealer partners can create a trusted and comfortable environment for online transactions with their consumers."
Paulo da Silva, VP of Operations for Ecommerce at Cox Automotive

Learn more about how Canopy Connect and Cox Automotive Ecommerce work together.