Carputty
Carputty offers a continuous line of credit up to $250,000 for auto loans, utilizing AI-powered valuation tracking to help users make informed buying and selling decisions. The Flexline™ allows users to manage their vehicle portfolio with a rate tied to the individual, not the car, and is available in 49 states.
Services
Carputty provides a continuous line of credit, known as Flexline™, of up to $250,000 for individuals and up to $800,000 for LLCs. The Flexline™ can be used to replace all auto loans on almost any type of transaction, fund new or used vehicle purchases, refinance existing auto loans, or buy out a lease. Users can manage multiple vehicles as a portfolio of assets, allowing them to make informed decisions about buying and selling to maximize returns. The credit is tied to the individual, not the type of transaction or vehicle, enabling the Flexline™ to retain the same interest rate regardless of these factors.
Products
The core product offered by Carputty is the Flexline™, a versatile line of credit that can be used multiple times across generations of vehicles. The Flexline™ amounts range from $25,000 to $250,000 for individuals and up to $800,000 for LLCs, allowing users to finance vehicles repeatedly without reapplying. The V³ Valuation™ system is another key product, which leverages over a million industry data points to provide accurate and unbiased vehicle valuations. This tool aids users in making strategic decisions about when to buy or sell vehicles to maximize equity and return on investment.
Technology
Carputty employs advanced AI-powered valuation tracking and a proprietary V³ Valuation™ system to support its offerings. The V³ Valuation™ system aggregates data from auctions, dealerships, and private sales, providing precise, unbiased vehicle valuations. This technology helps users understand the current and future value of their vehicles, assisting them in making informed decisions to maximize return on investment. The AI-driven approach also ensures that users have the most current market information when choosing to buy, sell, or refinance their vehicles.
Geographic Reach
Carputty currently extends its services to 49 states across the United States, including AK, AL, AR, AZ, CO, CT, DC, DE, FL, GA, HI, IA, ID, IL, IN, KS, KY, LA, MA, MD, ME, MI, MN, MO, MT, NC, ND, NE, NH, NJ, NM, NY, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VA, VT, WI, WV, and WY. This expansive reach allows a broad user base to access Carputty's Flexline™ for various automotive financing needs.
Ideal Candidates
Carputty's Flexline™ is particularly suited for individuals with good-to-excellent credit scores who own, lease, or are in the market to purchase new or used vehicles. The Flexline™ is designed to accommodate vehicles no older than 8 years, and enables users to manage these as assets within a comprehensive portfolio. The product offers exceptional flexibility, allowing users to finance additional cars without a new application, making it ideal for those looking to maximize their vehicle investment strategy over time.