BMO Harris Bank is partnering with start-up pioneer AutoGravity, a platform changing the auto-shopping experience, to streamline and simplify the car-buying and financing process for consumers nationwide.
AutoGravity connects car buyers with lenders and dealerships to provide consumers with pre-qualified finance offers for their vehicle of choice. Using the AutoGravity app available on iOS, Android and the Web, buyers choose from new or used vehicles, shop by monthly payment amount, browse local inventory, apply for financing and select a personalized financing offer.
Craig Harter, head of US indirect auto, BMO Harris Bank, said: “AutoGravity will enhance the car-finance experience for existing and future customers.
“We are excited to tap into AutoGravity’s growing user base and look forward to serving the needs of car shoppers.”
AutoGravity has attracted nearly three million users who have collectively requested more than $3 billion in vehicle financing. The company says consumers are becoming more comfortable securing financing options online, and BMO Harris is well positioned to help digital-savvy car shoppers and dealers save time and money.
Mark Humphrey, vice-president of AutoGravity’s lender network, said: “BMO Harris Bank is recognized as one of the top US banks in the automotive finance space and they have strong relationships with dealers across the country.
“We are proud to partner with them to provide car buyers greater transparency, control and confidence in the purchase process.”