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Instamotor Mobile App Car Buyers Can Get Financing While Shopping for Cars

INSTAMOTOR LAUNCHES FINANCING SUPPORT FOR USED CARS

Liz Glazier recently wrote to me and announced that "Instamotor" app users can now apply for and receive financing while shopping for a used car on their web and mobile platforms.
 
She stated that buying a car can be a disjointed process for many consumers and Instamotor aims to solve that problem by combining a stellar shopping experience with an easy and safe way to acquire a loan.
  
Liz shared the official announcement below and she is happy to answer any questions you may have. As far as I am concerned, having my dealership's used car inventory available via the Instamotor App should be a priority.
   
Instamotor Customers Can Now Apply for Financing While Shopping For A Used Car
   
SAN FRANCISCO—Instamotor, the free online used car marketplace, announced today that its customers can now apply for and receive financing for vehicles on its platform.
   
An estimated 54% of used car buyers need financing according to Experian.
By working with leading direct-to-consumer automotive lenders, Instamotor will become one of the few true automotive marketplaces to enable its users to shop for a used car and secure the financing more than half of them will need, all conveniently integrated in one place.
   
Loans enabled through Instamotor will be available to consumers with FICO scores as low as 500, which are people who commonly have trouble receiving optimal loan terms through traditional financing methods.
   
Also, the application is optimized to be completed entirely in the comfort of one’s home rather than in a dealership office or credit union.
   
The company’s cofounder and COO Val Gui said enabling its customers to apply for financing will enhance their overall car shopping experience, which has historically been disjointed.
    
“Consumers turn to well-known used car websites to find the car that best fits their lifestyle, but are often unable to get the financing they need to make that purchase a reality,” said Gui. “Not only does Instamotor provide them with a safe and easy way to shop for the vehicle they want and secure financing for it, we do so within our mobile optimized marketplace, making the experience efficient throughout.”
    
Car buyers aren’t the only ones who will benefit from the new feature. Gui, who was a car dealer prior to starting the company, says the independent dealers who list their inventory on Instamotor’s marketplace will ultimately be able to close more sales. 
    
“We work with a lot of dealers who don’t offer any type of financing or would have trouble getting approvals for low FICO score customers, so in these situations it’s beneficial to both them and their shoppers,” said Gui. “Using Instamotor, these dealers get access to pre-qualified, serious buyers. Not to mention, it’s completely free for them to list with us.”
     
For more information, visit https://instamotor.com/auto-finance.
 
About Instamotor 
Instamotor is a free, easy and safe way to buy, sell and finance a used car from private sellers and independent dealers. Each car listed on Instamotor is verified by analyzing various data points, both automatically by our algorithms and manually by our Fraud & Safety team, to ensure it is accurately represented by the owner. Instamotor is currently available in California and Texas with plans to expand to additional markets in 2018.

Liz Glazier
PR Communications Manager
    

     

Android users can download Instamotor on Google Play and browse to find their next great car for free. Instamotor is absolutely free, buyers and sellers get the overall best value for their vehicles without any fees or traditional middleman cost (think fancy showrooms & balloons).

  

Since we launched earlier this year, we have facilitated thousands of car sales. We are currently averaging over $1.5 million worth of transactions in California weekly. Our team worked tirelessly to make the used car buying process easy, safe and rewarding on Instamotor. We've been meticulous in translating that experience from iOS to Android. We're very excited to offer a way for Android users to join their local communities to buy and sell cars with confidence.

  

We'll be adding the option for you to list a car for sale through our Android app soon. The goal is to support the complete selling process on Android by the end of Q4.

  

We look forward to your feedback to help us continue to improve the Instamotor experience for all car owners, car shoppers and sellers alike. Hope to hear from you soon. Enjoy!

  

Download the app today to:

  • Browse thousands of pre-screened used cars with our search tools
  • Bookmark and favorite vehicles
  • Sort listings by distance, price, mileage, model year, transmission, make, model, category and location
  • View high-resolution vehicle photos and features like Bluetooth and navigation
  • Review our Trust and Safety report on each vehicle
  • Contact sellers directly to ask questions and schedule a test drive

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Tags: App, Buyers, Can, Car, Cars, Financing, Get, Instamotor, Mobile, Shopping, More…While, for

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