Mind the Gap: Gap Insurance Now Offered on Shift

Plain and simple: being underwater on an asset you own sucks. Unfortunately, becoming underwater—owing more than a car is worth—on a car is a reality. Cars are driven. Things happen. Values depreciate.

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To help our customers protect against ever becoming underwater on their car, we’re working with Ally to now offer gap insurance on all cars sold through Shift. Continue reading “Mind the Gap: Gap Insurance Now Offered on Shift”

Used Car Financing Just Got Much Simpler (Finally)

“Boy, that was an easy auto financing experience” isn’t something you often hear. At its best, auto financing today is a cumbersome process. At its worst, it’s a predatory nightmare. The financing difficulties we’ve experienced firsthand were a major “aha” moment that’s informed Shift from day one.

Ever since, improving the process has been high on our priority list. Working with our team and partners, we’ve made a lot of progress on this front and today we’re happy to highlight the major improvements we’ve made to make auto financing smoother and simpler than it’s ever been. Continue reading “Used Car Financing Just Got Much Simpler (Finally)”

Shift’s 10 Best Used Cars for 2017

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Every year, we see lots of buyer’s guides introducing the best new cars of the year. Shift’s resident car aficionados (hey, we’re not all gearheads) pore through the reports, but for most of us who aren’t likely to buy a brand new car, those yearly reviews just aren’t very relevant.

In fact, if the numbers are any indication, new car guides aren’t very relevant for most people in general. New car sales represented less than one-third of all total sales in 2015, with 17.5 million new cars sold, compared to a whopping 38.3 million used cars sold.

So that got us thinking—since America will buy more than twice as many used cars in 2017 than new cars, why not open up our vehicle data to helpfully inform your search for a great used car this year? Continue reading “Shift’s 10 Best Used Cars for 2017”

Company Update from our CEO: Introducing Buyer Inside Sales

2017 is off to a strong start and Shift ended last year on a high note. We announced a pilot partnership with Hertz, built an incredible new lending product, and continue to attract top-tier talent. We are excited for the year ahead and look forward to entering new markets and growing in the cities we are already in. Continue reading “Company Update from our CEO: Introducing Buyer Inside Sales”