ATLANTA — AutoTrader.com has announced a strategic partnership with Capital One Auto Finance, providing Web site visitors a comprehensive and user-friendly finance tool and resource to assist with the car-buying process. The new agreement empowers AutoTrader.com consumers with an easy process to secure a new loan on a vehicle or refinance a currently-owned vehicle via competitive online auto finance rates.
Under the agreement, Capital One will be showcased on AutoTrader.com’s homepage as its featured financial resource. This streamlined environment will allow car shoppers to apply for Capital One’s no-obligation Blank Check, which gives consumers the power of a cash buyer, allowing them to remain flexible in the purchase process. Consumers receive a response within 15 minutes of submitting their application online and those who qualify may receive financing as early as the next day. This process allows consumers the flexibility to purchase a vehicle from a new, used or private party seller. In addition, the Web site will offer tools such as a Monthly Payment
Calculator, which helps consumers determine their monthly payments on a vehicle.
“AutoTrader.com is dedicated to providing the best resources to our consumers to assist them with the car-shopping process,” said Chip Perry, president and chief executive officer, AutoTrader.com. “Capital One is a highly-respected financial institution that consistently delivers flexible financing options to meet each car-buyer’s respective needs in today’s evolving automotive marketplace.”
“Capital One is committed to empowering consumers by combining an easy loan process, great service and low rates,” said Ryan Schneider, president of Capital One Auto Finance. “The combination of AutoTrader.com’s resources with our No-Hassle auto loan experience is a win-win for consumers.”