S&P Global Mobility Opens FeeSync to Entire Automotive Industry at No Cost, Establishing First-of-Its-Kind Dealer Fee Transparency Infrastructure
Industry-wide initiative gives dealers centralized control over fee data and syndication to vendor partners, supporting pricing transparency across every advertising channel
For decades, the automotive retail ecosystem has relied on a fragmented network of vendors, agencies, and marketing partners, each maintaining their own copy of dealer fee data — often updated on different cadences, through different channels, and without a single source of truth. The result has been operational complexity for dealers and inconsistency for consumers, particularly as expectations around pricing transparency continue to rise across the industry and among regulators.
FeeSync changes that. Through a simple, secure interface, dealers can update their fee structures in one place and grant or revoke access to specific vendor partners as needed. Approved partners can then extract that fee data via API, ensuring that every downstream marketing channel reflects the dealership's most current information. The platform is offered free of charge to dealers and the broader allied industry.
"Dealers shouldn't have to chase updates across a dozen vendors every time their fee structure changes, and consumers shouldn't encounter different numbers depending on where they shop. The infrastructure to fix this should exist at the industry level, not at the dealership level — and we're in a unique position to provide it," said
The launch comes at a moment of heightened industry focus on advertising practices.
"This is the kind of industry-level thinking we've needed for years. As an investor who makes 10 investments per year, many into dealer-facing technology startups, we work with dozens of marketing and technology partners across the industry, and keeping fee data synchronized across all of them is a constant source of friction and operational risk. A neutral, secure platform that enables the industry to update once and syndicate everywhere is a real operational unlock," said
FeeSync access will begin with automotiveMastermind® and CARFAX® customers in the coming weeks, with broader industry-wide dealership access to follow. Vendor and agency partners will be invited to integrate with the platform in a phased manner, with dealers retaining full control over which partners can access their data.
Additional details on access, onboarding timelines, and partner integration will be released in the coming weeks.
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