SANTA MONICA, Calif. – Used car leasing platform Fair announced that it will become the first used car leasing alternative offered on LendingTree, the world’s largest online lending marketplace.
Fair customers will be able to use LendingTree’s expansive platform to connect with Fair to lease a used car from right where they are and for as long as they choose, representing a true watershed moment in Fair’s adoption potential.
“This partnership is a clear acknowledgment of Fair’s market leadership as a simple, affordable and flexible alternative to traditional auto financing options,” said Fair CEO Bradley Stewart. “For the first time, Fair customers will be able to use LendingTree’s expansive platform to connect with Fair to lease a used car from right where they are and for as long as they choose, representing a true watershed moment in Fair’s adoption potential.”
Through the partnership, visitors to LendingTree can be instantly pre-qualified for a personalized monthly payment for either a month-to-month, 2-year or 3-year Fair lease. They would then receive a link to check out with the Fair app. Visitors will also be able to shop other local inventory available on Fair, select the vehicle they want, sign for it on the web or Fair app, and drive it for the length they choose – all without any dealer negotiation or physical paperwork. In addition, every Fair car comes with routine maintenance, roadside assistance and a limited warranty that last as long as they keep the car.
“LendingTree shares Fair’s commitment to improving access to mobility for the millions of consumers who rely on us for straightforward and affordable financing solutions,” said Mike Funderburk, LendingTree’s Auto Loans General Manager. “Together we can leverage our mutual synergies and unique digital platforms to forge a new era for today’s auto shoppers.”