Automotive Capital Group Inc. is offering vehicles on eBay Motors with no credit-check financing. The company is offering cars, trucks and SUVs on eBay Motors and will offer financing to eBay users regardless of credit score. The company's goal is to sell over 200 automobiles each month with an average selling price of $10,000 on eBay Motors and its own ecommere site, scheduled to launch next week.
Automotive Capital Group also announced they are acquiring Colfax Financial, which has two profitable automobile dealers located in Arizona, and will launch a Spanish version of its site later this month.
The company is looking to finance each car and also offer auto dealers sub-prime loan programs. The company expects significant growth in auto sales using the Internet as a tool to educate buyers about financing options at Automotive Capital Group. Interested buyers can apply at online.
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