SAN CARLOS, Calif. (3/26/15)--Online automotive marketplace Carlypso has announced a partnership with CU Direct, a provider of lending solutions to the credit union market.
Currently available in California, Carlypso offers auto sellers and buyers a new method of purchasing used cars. Carlypso generates a fair market price for vehicles based on millions of vehicle transactions each month and coordinates all of the logistics for the seller, including finding buyers, coordinating test drives and delivering the vehicle.
"Now, in a few easy steps we can give an instant loan approval to our consumers at a very attractive rate," said Nicholas Hinrichsen, co-founder of Carlypso. "This paired with the great deal they are getting by buying a car online with Carlypso Deals makes purchasing a car a very affordable option for the savvy car shopper."
CU Direct's Matt Brown added: "Carlypso has quickly become a go-to destination for people looking for a quick way to find the best deals on cars online. By partnering with Carlypso we can help smart car shoppers get their loans approved quickly and easily online so they get first mover advantage on those great car deals."