Irving, TX. (PRWEB) January 22, 2009
myAutoloan.com today announced that it has partnered with Zag, a leading provider of online auto-buying platforms, to offer the myAutoLoan.com Auto-Buying Program. The myAutoloan Auto Buying Program will be incorporated throughout the myAutoloan.com finance website as a private-label turnkey solution.
Consumers, through the myAutoloan.com Auto-Buying Program, will now be able to apply for a new or used auto loan and receive multiple loan offers, all online, as well as connect with a certified Zag dealer that will offer a guaranteed, up-front price. Consumers will be able to select the loan offer that makes the most sense to them and receive a loan kit in the mail with a check to purchase a vehicle through the myAutoloan.com Auto-Buying Program.
myAutoloan.com's online Auto Finance Center in combination with Zag's auto-buying platform is the complete end-to-end solution; it's convenient, fast, simple and secure while empowering the customer with same-as-cash auto financing and no haggle auto-buying.
"Our goal is to help our customers save money in the auto buying process and this is just one more way that we can assist car buyers," said Greg Thibodeau, CEO at myAutoloan.com. "This service is free to customers allowing them to walk into the dealership using myAutoloan.com's pre-arranged financing with the price of the auto guaranteed; our customers will be delighted." The new service will allow customers to research and configure a new car, obtain a great myAutoloan.com price when available and a printable price certificate, all before even setting foot in the dealership showroom. Buyers are then referred to a local Zag-myAutoloan.com Auto-Buying Program certified auto dealer, which has been pre-screened to provide an outstanding customer experience.
"We are delighted to have myAutoloan.com join the Zag private label auto-buying platform," said Scott Painter, CEO of Zag. "This comprehensive partnership offers the myAutoloan.com customer the ability to save money in today's troubled economy."
myAutoloan.com's online auto financing includes:
Zag (http://www.zag.com) has created a better way to buy a car. Zag operates a robust auto shopping and research technology platform that saves buyers money by concentrating group buying power, while providing a superior car buying experience by connecting buyers with select dealers that provide upfront pricing and a no-hassle delivery process. Zag provides its platform on a private-label basis to affinity buying groups, such as USAA, 14 AAA motoring clubs, Overstock.com, Parenting.com, Administaff and Capital One Auto Finance. Zag is fully operational for 68 percent of U.S. households and serves more than 93 percent of in-market car buyers. Zag's investors include Anthem Venture Partners, Capital One Auto Finance, GRP Partners, Arcturus Capital, Callaway Cars and the Skoll Fund. The company's approach to car buying and selling is garnering awards - Entretech gave Zag its 2008 Entrepreneurship Award for emerging companies, InfoWorld designated Zag's platform as one of the 100 most innovative corporate IT solutions for 2006, and Entrepreneur Magazine named Zag in its 2006 "Hot 100" list of the fastest growing companies. Zag is based in Santa Monica, Calif.
Zag Media Contact:
Edge Communications, Inc.