...advocates we spoke with are not too concerned, and consider this the cutting edge and future of the auto loan industry.
(PRWEB) September 09, 2013
Traditional Auto-finance may be seeing the beginning of the end with launch of ChooseThePayment.com this week. Consumers on the site can choose the monthly payment amount for their new vehicle purchase. This revolutionary website feeds from a national inventory of new and used cars from dealerships that are willing to accept this unconventional finance option in order to clear out inventory.
With tens of thousands of vehicles in their national network, and flexible payment options, business has been booming. One new user recently said, “It's the same old story everywhere... yes there are other places to get financing but they want thousands down and hike up your interest rate. Choose The Payment helped me find the car I want at a payment I can afford!”
ChooseThePayment.com has a wide selection of vehicles that include nearly every make and model on the US market. As the economy has improved in the last several months, new and used auto-sales are increasing according the latest National Auto Dealers Association Data Report.
Despite the improved economy, savvy consumers are much wearier of conventional auto-loans, and tend to engage in more research than in the past. This is where ChooseThePayment.com’s unique approach comes into play. By allowing consumers to name the price and search a vast inventory, they are winning business that used to go through traditional finance channels such as bank loans and in house auto financing.
Skeptics say traditional auto loans are here to stay as their numbers have not waned even with the launch of ChooseThePayment.com. ChooseThePayment.com advocates we spoke with are not too concerned, and consider this the cutting edge and future of the auto loan industry.