
Hoping to expand options for consumers looking to pre-qualify for auto financing from the comfort of their homes, CarGurus has added Chase to its multi-lender financing platform.
Available nationwide, Chase joins CarGurus’ network of participating lenders — which also includes Capital One, Global Lending Services, and Westlake Financial — to empower consumers with personalized vehicle financing information while enabling dealers to better serve the growing number of shoppers who prefer to arrange financing online.
“CarGurus’ partnership with Chase demonstrates our shared vision to equip shoppers with the tools needed to make an informed purchase with confidence and ease, while also helping dealers deliver on their goals for a seamless and efficient customer experience,” said Gerard Murphy, vice president of product, digital retail, at CarGurus. “We believe this expansion answers a rising need for finance-based shopping tools that allow consumers to better understand how much they can afford earlier in the shopping journey, ultimately helping connect more informed, high-intent car buyers with dealers.”
Customers can pre-qualify for financing directly on the CarGurus website, gaining access to personalized rates and monthly payment scenarios within minutes with no impact to their credit scores. Pre-qualified shoppers can then review vehicles through a more customized lens, seeing their rates and monthly payments on listings available through dealerships that offer Chase financing. Once a vehicle is selected, buyers submit a credit application at the dealership to finalize the financing terms and complete the purchase.
The program is available nationwide through the more than 9,000 dealerships that work with both CarGurus and Chase. Financing through this partnership will be available for eligible new and used vehicles listed by participating dealers on CarGurus.com.