Overview

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Status
FinanceAcar has been closed
Total Equity Funding
Undisclosed Amount in 2 Rounds from 4 Investors
Headquarters:
London
Description:
FinanceAcar is a car finance comparison engine for comparing vehicle finance prices based on car loans, financial options, and more.
Founders:
,
Categories:
Finance, Legal, Automotive
Website:
http://www.financeacar.co.uk
Social:

Company Details

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FinanceAcar is the world's first car finance comparison engine.

80% of all car shoppers use finance for the average 2 million new vehicles acquired each year in the UK (market of circa £19 billion/year). However, traditional comparison websites only compare vehicle finance prices based on car loans which account for only c.20% of all new car finance. FinanceAcar instantly compares all finance options (car loans, hire purchase and car leasing) and thereby empowers car shoppers with information that has never been available in one place by answering the question: What is the lowest monthly price I need to pay to drive the car that I want?

FinanceAcar allows a user to select their preferred new vehicle by make and model, by budget and/or by car type and then it tells them the cheapest monthly price to finance that car. Importantly, it is not just a comparison website but also an ecommerce website. A user can choose their car, select their finance and insurance deals, complete a credit check and application and have the car delivered to their front door.

Funding Rounds (2) - undisclosed

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DateAmount / RoundValuationLead InvestorInvestors
Aug, 2011undisclosed amount / Series A3
Sep, 2010undisclosed amount / Seed1

Offices/Locations (1)

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  • Office

    Second Floor, Cardiff House

    Tilling Road

    London, NW2 1LJ

    GBR

Past Team (2)

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Images (1)

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