Autotrader and Kelley Blue Book Team with LendingTree to Empower Shoppers with Auto Lending Options

Staff Report

Friday, June 1st, 2018

Securing vehicle financing in advance can save car buyers both time and money on their car-shopping journey. With this in mind, Autotrader and Kelley Blue Book, both Cox Automotive companies, have teamed with LendingTree. LendingTree's auto finance marketplace provides each site's visitors simple and easy online financing that can be used for new and used cars and trucks, anywhere in the United States.

"Bringing LendingTree's capabilities to Autotrader and Kelley Blue Book will help new- and used-vehicle shoppers by creating a seamless experience to research, shop for and secure financing on a vehicle all in one spot," said Jai Macker, senior vice president of product for Cox Automotive. "Our ultimate goal is to empower consumers with comprehensive new and used-car information on both sites, including finance options for their specific needs while they navigate the car-shopping process."

Shoppers can visit https://www.autotrader.com/car-loans/ or https://www.kbb.com/car-loans-and-financing/ to get a free online loan request, compare competitive rates and payment terms from multiple lenders and even use an auto loan calculator to determine monthly payments on loan amount, interest rate and loan term.

"LendingTree gives consumers the convenience, choice and simplicity to speed up the time it takes to shop for a car and a loan," said Dimitar Alexandrov, vice president of automotive for LendingTree. "Together with Autotrader and Kelley Blue Book, we are able to provide 36 million-plus shoppers the information they need to find and compare rates and terms from multiple lenders, all while online."