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Ally teams with Drive Motors to Provide Digital Financing that Allows Consumers to Shop Online for Vehicles Directly from Dealer Websites
LAS VEGAS, March 22, 2018 /PRNewswire/ -- Ally Financial Inc. and Drive Motors today announced that they have entered into a strategic relationship naming Ally the preferred finance company for Drive Motors. The agreement provides Ally with the opportunity to receive consumer financing applications submitted digitally by dealerships using Drive Motors' software, which is an e-commerce solution for dealership websites. "Drive Motors' cutting-edge business model offers dealers a convenient way to allow customers to shop for cars online from local businesses they know and trust, helping consumers feel more confident and in control," said Tim Russi, president of auto finance at Ally. "We're thrilled to work with Drive Motors to be the sole provider of financing to power these digital transactions for dealers across the country." Drive Motors' software seamlessly integrates as a native part of the dealer's website so it becomes part of the overall online experience. The Drive Motors technology can incorporate the valuation of a trade-in and aftermarket products sales, as well as Ally financing. Customers need to go to dealerships to finalize paperwork and pick up vehicles; some dealerships offer vehicle delivery as well, adding even more convenience for consumers. Drive Motors facilitates over 1,000 vehicle sales a month, nationwide. "I'm excited to announce our new relationship with Ally Financial, just in time for NADA," said Aaron Krane, CEO of Drive Motors. "Ally shares our obsession with the customer experience, and I'm confident this will '10X' the value for any dealer using Drive Motors." Dealers who are interested in a demo of the Drive Motors oftware, can visit the Ally booth (3248C) at the NADA Show in Las Vegas on March 22 through March 25, 2018. About Ally Financial Inc. About Drive Motors Contact:
View original content:http://www.prnewswire.com/news-releases/ally-teams-with-drive-motors-to-provide-digital-financing-that-allows-consumers-to-shop-online-for-vehicles-directly-from-dealer-websites-300618168.html SOURCE Ally Financial |