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Market Scan Posts Best Financial Results Since 2008
Industry leader in automotive financing/leasing software and data services is expanding on all fronts with additional staff, new facilities, new products and several new strategic accounts

CAMARILLO, Calif., Dec. 20, 2018 /PRNewswire/ -- Market Scan, the industry leader in automotive financing/leasing software and data services, today announced that it is closing its 2018 books with the best financial results in a decade.

Market Scan logo (PRNewsfoto/Market Scan)

"We're experiencing incredible momentum," Rusty West, Market Scan Co-Founder and President said. "It has only been a year since we moved into our new offices but given our growth, we've already outgrown the space. Tomorrow, we're opening our 'East Wing', doubling our office footprint. Given our projections, we expect to triple the footprint by end of 2019. We have increased our headcount this year by 40%, forged some incredible strategic partnerships and added several high-profile clients to our roster, including Roadster, with additional, equally strong partnerships to be announced over the next few weeks."

Market Scan will have a significant presence at the 2019 NADA Show, scheduled for January 25/26/27 in San Francisco. Market Scan's newly constructed two-story display booth will be located in the West [Technology] Hall, booth 6739W, and will feature one of the rarest Lamborghini race cars in the world.

"We're very excited about the upcoming NADA show," West continued. "Traditionally NADA has been the most important industry show for us". This year, we plan on introducing new products, complementary to our existing portfolio, which promise to be industry game-changers. We're in a great position to underscore our position as the leader in FinTech and poised for 2019 to become one of the best years in our 30-year history," West added.

About Market Scan

Nationally recognized as the company that wrote the book on automobile desking, Market Scan has been the industry leader in automotive financing/leasing software and data, since it was founded in 1988. Each month Market Scan quotes more than one billion Penny-CertainTM lease and finance payments through its software products and systems, marketed under the names of mDeskingTM, mQuoteTM, mGaugeTM and mScanAPITM. Market Scan's technologies facilitate easier, more complete, competitive and transparent offerings that help consumers, dealers, lenders, and OEMs conclude automobile transactions in a frictionless environment. For more information, go to www.marketscan.com.  

Contact:
Carsten Preisz
cpreisz@marketscan.com
805.218.7162

 

SOURCE Market Scan