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Trade Me update benefits dealers

Trade Me Motors is launching Dealership Finance in August, a new feature that enables motor-vehicle traders to offer finance products on their Trade Me listings. 
Posted on 17 July, 2018
Trade Me update benefits dealers

Trade Me Motors is launching Dealership Finance on August 1. The online company says many dealers offer finance to consumers when they purchase a vehicle on the website and it wants to help them advertise that.

This new feature will enable registered motor-vehicle traders to display the weekly instalment, term, deposit and their selected interest rate on their Trade Me listings.

Buyers will be able to calculate their own personalised weekly payments by adjusting the term length and deposit using the new calculation tool on listings with finance options.  

“We’re committed to creating great products that help our dealers with their everyday sales and we think this is a great tool that will benefit both buyers and sellers,” says Alan Clark, head of Trade Me Motors.

“We piloted the product for a few months with some of our customers who run dealerships of different sizes and worked closely with them to ensure the end result was a product our customers need and want. We’re committed to continuing to partner with our customers to keep creating solutions that help them sell more vehicles.”