AutoGravity, a car-buying and financing platform, rolled out its mobile app yesterday, completing a four-month beta launch. The startup also added three lender-partners, which will be offering financing and leasing to consumers in California. The platform enables consumers to search vehicle inventory from dealers nationwide and apply for financing.
Previously, AutoGravity offered financing exclusively through Mercedes Benz Financial Services (MBFS). “We’ve received a very good response from our customers during the beta launch, and have seen five-figure downloads,” a spokesman for AutoGravity said. “Now customers can use our app to finance any models and makes, and get up to four quotes from our partners [in California].”
The spokesman did not reveal which lenders AutoGravity is partnered with, aside from MBFS. The startup’s car-buying platform is currently available across the U.S., and the company plans to soon extend the financing feature to other states. “We will be expanding our financing offers early next year, both with our current partners, and with new lenders as well,” the s pokesman said. Since the beta was completed, the company also added a lease calculator and other car -buying tools to the app. “We are updating our app on a regular basis,” which is a “crucial” component of app maintenance, he said.
