DETROIT — Feb. 28, 2017 — AutoGravity, a FinTech pioneer on a mission to transform car financing by harnessing the power of the smartphone, today announced that it has surpassed 200,000 downloads of its native iOS and Android smartphone apps. The platform allows car shoppers in 46 states to obtain up to four finance offers on any make, model and trim of new or used car by following four easy steps. The app returns personalized loan and lease offers within minutes, empowering consumers with transparency, convenience and the power to choose the rate and lender that's right for them before they visit the dealership.
"AutoGravity has brought car finance into the digital age," said Andy Hinrichs, who became AutoGravity's founder and CEO after decades as an auto finance executive. "Our industry-leading technology has been embraced by top banks and captive auto lenders, as well as leading dealer groups who see customers shopping on their smartphones every day. We've re-designed the car finance experience, taking it from hours to minutes for car buyers across the country."
Based in Irvine, California, AutoGravity is the latest in a long line of technology visionaries that is revolutionizing common products and services by bringing the power of choice to the palms of consumers' hands. Embracing innovation, AutoGravity has built partnerships with the world's leading banks, car companies' own lenders and leading dealership groups. As a result, AutoGravity is the only company to successfully bring thousands of dealers and an extensive list of top global lenders together in a single, convenient digital marketplace.
"To truly empower car buyers with access to every possible vehicle, dealer and finance choice, the AutoGravity platform must be an attractive place for lenders and dealers to do business," said Serge Vartanov, AutoGravity's chief marketing officer. "We've spent more than a year integrating lenders and dealers into the platform, and now we're ready for customers across the country to start shopping and financing —making AutoGravity a game-changer in the auto-finance industry."
The first-of-its-kind app, launched in California in 2016, is available for download on the Apple App Store and on Google Play. AutoGravity is also available as a mobile-responsive web-app at www.autogravity.com. The app guides car shoppers through an intuitive four step process: