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Looking For A New Car?

January 19, 2011

Looking for a new car? You might want to start your search with your bank. Financial institutions want a bigger piece of consumer car transactions than the third of new – and used – car loans that they have traditionally claimed. These financial institutions are offering buying services with online searches, price comparisons, photos, user reviews and more.

  • Bank of America, for example, partners with dealers to offer low-price guarantees.
  •  American Express lets purchasers customize options and apply for a loan in one-stop shopping.
  •  USAA offers car buying via the iPhone.

For banks, it’s an opportunity to snag customers early in the process, helping them to lock up the profitable business of financing, insurance and so on. For customers, the services can spell big savings as well as convenience.

At GAI ( we want to help you with all of your financial needs; clearly the banks want to help you with all of your consumer needs. Call us today at 212-979-6830 or stop by for a visit. And show us your new auto that your financial institution helped you acquire.

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