The Capital One vehicle buying app, which allows you to check out and buy vehicles with up to 10 partners, is the first app to offer free financing for a purchase with only $1.00 down.
The app’s creators, Capital One Capital Group, have released a video to help consumers understand how it works.
In the video, the app’s founder, Robby DeCicco, says that the app will let you save $3,200 on a vehicle purchase with just one transaction.
The Capital One app is the latest app to make the rounds for consumers to get a head start on buying cars, with Ford, Audi, BMW, Honda and others making the rounds as well.
The CapitalOne app offers consumers a first look at the dealership’s vehicle purchasing process and offers a $1 credit towards a purchase.
Capital One says the app is a one-stop-shop for consumers looking to find a vehicle that fits their lifestyle and budget.
The app is available for iOS and Android and is free to download.
Capital One said the app can be used to check in on a new car, order a financing plan and then pay off a down payment with just a single tap.
The company is offering customers the opportunity to pay for a car loan through the app, as well as finance their vehicle purchase by paying off the finance plan with a credit card.
The financing plan will help you earn rewards by making a monthly payment of $1 and earning points for every $1 you spend.
For more information on the app and other financing apps, visit www.capitalone.com/autosprings.
The company says the apps are currently available for Apple iOS, Android and Windows devices.
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