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eCars247 offers online car buying service with instant finance

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eCars247 has partnered with Hitachi Capital Consumer Finance to offer an online used car buying service claiming to offer "instant finance".

The online car retailer offers a selection of HPI and AA-inspected used vehicles, ranging in price from £160-£320 per month.

Buyers can get instant finance approval from Hitachi Capital, allowing transactions to be completed within 24 hours.

All sales include home or work delivery, a 14-day test drive period and the option to part-exchange a current vehicle.

Vincent Reboul, managing director at Hitachi Capital Consumer Finance, said: “It comes as no surprise that we value our free time, and therefore convenience, in our busy lives. We’re already seeing businesses across a wealth of sectors adapt to make their end-to-end purchases processes so much quicker and easier for their customers; and those that are striving to move with the times and appeal to their customers’ time-restraints, are so often reaping the rewards.

“It is therefore very logical that car buying advances in this way too. The instant finance service from Hitachi Capital Consumer Finance offered alongside eCars247’s product range, convenient services, and competitive pricing really does make this a very tempting proposition for potential used car owners.”

Hitachi Capital Consumer Finance said that the collaborative new service agreement with eCars247 had been presented in response to consumer demand for a simpler, quicker, and more convenient car buying experience.

Research undertaken by the finance provider Hitachi Capital showed that three-quarters (75%) of the 1,000 car owners surveyed confirmed they had owned (or did currently own) a vehicle purchased on finance.

When asked about if they would consider buying a vehicle of their choice on finance, and processed entirely online (with delivery, test drive, and part-exchange services offered), 87% responded that this would appeal to them.

Millennials were most interested (96%) which aligns with the results already seen by ecars247, where males aged between 25 and 34 make up the core audience demographic.


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