Under the agreement, Capital One will be showcased on AutoTrader.com’s homepage as its featured financial resource. This streamlined environment will allow car shoppers to apply for Capital One’s no-obligation Blank Check, which gives consumers the power of a cash buyer, allowing them to remain flexible in the purchase process.
Consumers receive a response within 15 minutes of submitting their application online and those who qualify may receive financing as early as the next day. This process allows consumers the flexibility to purchase a vehicle from a new, used, or private-party seller. In addition, the website will offer tools such as a Monthly Payment Calculator, which helps determine monthly vehicle payments.