Fintech car financing company, AutoGravity, announced on Wednesday it has formed a partnership with Mercedes-Benz Financial Services to bring the famous brand to its auto financing app.
Founded in 2015, AutoGravity currently introduces app users with efficient, transparent auto financing processes. Its app is designed to allow car buyers to choose any new car make, model, and trim from nearby dealerships. AutoGravity users may also apply for financing online and select up to four resulting finance offers. The company noted that the partnership gives users access to Mercedes-Benz Financial Services as a lending option when purchasing a Mercedes-Benz.
While sharing details about the new partnership, Andy Hinrichs, founder and CEO of AutoGravity, stated:
“AutoGravity was created to empower car buyers through their smartphones and give them access to a wide selection of auto finance options from the palm of their hands. The partnership with Mercedes-Benz Financial Services provides choice for our users and gives Mercedes-Benz access to a broader pool of new and existing digitally savvy customers. This is a prime example of how the AutoGravity platform benefits consumers, dealerships and lenders.”
Peter Zieringer, president and CEO of Mercedes-Benz Financial Services and Regional Head of Daimler Financial Services Americas, commented:
“Our partnership with AutoGravity is valuable, because it enhances our positioning among the growing number of digital savvy consumers who rely on smartphone technology when making purchasing decisions.”
AutoGravity noted that instant loan and lease offers from Mercedes-Benz Financial Services will now be included among the options available on its mobile and web apps. The app is available for Apple devices running iOS 8.4 or higher on the App Store, Android devices running Android 4.1 (Jelly Bean) or higher on the Google Play Store and all web devices.
