MACCLESFIELD, England, November 8, 2012 /PRNewswire/ --
Auto Trader, the UK's number one digital marketplace for new and used cars, has announced an exclusive partnership with Car Loan 4U, the UK's number one online car finance specialists, to offer its customers an enhanced online experience, with an unrivalled choice of car finance solutions.
Now visitors to Auto Trader can search for an instant car finance quote from a panel of 15 leading car finance companies and over 300 loan rates, powered by Car Loan 4U. Visitors are offered a range of finance deals to suit their individual financial circumstances, regardless of their credit history and finance is provided on the vehicle of their choice from any dealer.
Auto Trader's car finance pages have been redesigned featuring easy-to-use sliding buttons to select deposit and loan amounts, loan period and credit score. The new car loan application form is quick and easy to complete and consumers are given a fast decision on loan applications - it takes just one hour for the loan to be underwritten, approved and paid.
Jason Biffin, Director at Auto Trader, comments: "Our new car finance service offers website visitors a fast and efficient decision on car finance applications with a trusted and thoroughbred partner, Car Loan 4U. We are offering consumers a hassle free and easy to use service, with no administration fee combined with the most attractive finance packages available to them on the market."
Car Loan 4U Co-Director James Wilkinson comments: "We are delighted to be working with Auto Trader and believe this partnership will enable us to reach a huge number of potential new customers. With the Car Loan 4U solution integrated into Auto Trader, consumers will be able to access an instant direct-to-consumer financing option to help them move forward in the car buying process."
Car Loan 4U estimates that searches for car loans has increased by over 60% in the last 12 months, as savvy car buyers search the net for the best car finance deals.
Notes to Editor:
About Auto Trader
Auto Trader is the UK's number one motoring digital marketplace with over 10.85 million monthly unique users, carrying out over 159 million searches on more than 370,000 new and used vehicles. Over 2.8 million people access Auto Trader via their mobile devices every month, through the mobile-optimised site and apps developed for iPhone, iPad, Android and Nokia. Auto Trader is part of Trader Media Group. For more information, visit http://www.autotrader.co.uk
Trader Media Group is Europe's largest specialist multi-media group and supplier of leading automotive marketing products and services. The Group also offers a range of other specialist online publications including: http://trucks.autotrader.co.uk, http://plant.autotrader.co.uk, http://farm.autotrader.co.uk, http://motorhomes.autotrader.co.uk, http://caravans.autotrader.co.uk, http://autotrader.co.uk/bikes, http://vans.autotrader.co.uk. Trader Media Group operates in the UK, Ireland and South Africa and is jointly owned by Guardian Media Group and Apax Partners. For more information, visit http://www.tradermediagroup.com
About Car Loan 4U
- Car Loan 4U is the UK's largest online car finance provider
- Car Loan 4U offers a wide range of car finance deals regardless of the customer's history or circumstances, from those with good credit to those with credit history, who have been refused car loans before
- Car Loan 4U works with a panel of 15 leading UK finance companies including Barclays and Santander
- Car Loan 4U is based in Macclesfield and employs over 110 staff
SOURCE Car Loan 4U and Auto Trader