Blinker Joins With Ally To Enhance Auto Only P2P Platform
Blinker, a peer-to-peer e-commerce platform that provides an end-to-end solution for anyone buying, selling or financing cars, announced two major milestones:
It is expanding its proprietary e-commerce and loan origination platform from Texas and Colorado to California and Florida. Leveraging artificial intelligence and machine learning, Blinker customers get guidance and tools to complete the entire car-purchase process themselves, from instant vehicle valuation to real-time auto loan approval to e-signing documents to secure funds transfer, all for free within Blinker’s mobile app.
It is joining forces with Ally to offer auto protection products. Blinker will now give customers the option to add Ally’s vehicle protection coverage, including Ally Guaranteed Asset Protection and Ally Premier Protection vehicle service contracts, for their vehicle purchases in the app. GAP covers the difference between the cash value of a vehicle and what Blinker customers still owe on their loan if the vehicle is totaled or stolen. Ally vehicle service contracts cover the repair cost for over 7,400 mechanical, electrical, safety or digital components, as well as some related expenses like trip interruption, rental car coverage, towing and 24/7 roadside assistance.
“Ally is thrilled to work with Blinker, a cutting-edge trailblazer in the automotive digital space, to offer our industry-leading vehicle protection products that provide consumers with peace of mind. Like Blinker, we’re committed to being customer-centric and innovating in the marketplace” – President of Ally Insurance, Doug Timmerman.