TrueCar and the AutoFi team on auto financing
Online auto retailer TrueCar is now working with AutoFi to provide customers with more advanced ways to explore auto financing.
With the partnership, those who have set up payments with TrueCar will be able to request financing from the dealer of their choice. Then they will be able to see the offers of several lenders.
After comparing the offers, customers will be able to choose the one they want and complete the transaction.
Read more: TrueCar Partners with AutoFi to Provide Car Buyers with a Seamless Financing Experience
Users will be able to view pricing, value for trades, accurate monthly payments and more, including soon to be added features such as auto finance offers.
“AutoFi is a FinTech pioneer in the automotive segment and a proven digital retail solution used by thousands of dealers. We are delighted to partner with them to enable the discovery of auto financing options for our clients. This is yet another way we want to give TrueCar buyers the best possible experience when buying a car, ”said Mike Darrow, CEO and President of TrueCar.
“TrueCar is focused on using cutting edge technology to improve the consumer experience,” said Kevin Singerman, CEO and co-founder of AutoFi. “AutoFi is excited to partner with TrueCar to expand our digital sales and financing solutions, beyond the dealership website, but to TrueCar’s vast audience of millions of car buyers. “
TrueCar has also partnered with Roadster, the automotive digital sales platform, for a way to complete car purchases through an application programming interface (API) published by Roadster.
Buyers who use TrueCar will have the option to finalize car purchase offers online through a Roadster “Express Store” to finalize the deal.
Because construction of the case is transferred to a new TrueCar “Roadster Administrator” for follow-up, the dealership is relieved of having to cross-reference and friction is reduced as customers do not have to respond to. new to questions they already provided answers for.
Related: TrueCar and the Roadster Team to Help Car Buyers Finalize Deals