Auto Trader Group plc

09/15/2020 | Press release | Distributed by Public on 09/15/2020 05:52

Auto Trader and comparethemarket.com launch Quick Quote

Press release

Auto Trader and comparethemarket.com launch Quick Quote

15th Sep 2020

As part of its commitment to making the car buying journey more efficient AUTO TRADER, the UK's largest digital marketplace for new and used cars, and leading price comparison website, comparethemarket.com have launched Quick Quote.

Quick Quote is a new, free, service available on used car adverts that allows car buyers browsing Auto Trader to get an instant car insurance premium price for the car they are considering.

Anybody who creates an account on comparethemarket.com, will now be able to use the new Quick Quote service, which pre-populates information with relevant vehicle data from Auto Trader, whilst comparethemarket.com adds in further personal data from their account, to send back instant, accurate prices.

This ensures car buyers get a speedy price for cars they're looking at on site, with just one click of a button, without having to repeatedly fill out forms and navigate between different tabs and sites each time they look at multiple cars of interest on Auto Trader.

It also means they can consider the total cost of ownership of a particular vehicle in one go, helping them to shortlist which cars they're interested in.

Auto Trader's Director of Commercial Products, Karolina Edwards-Smajda, says: 'Quick Quote is a real time-saver for car buyers, allowing them to see instantly what the total cost of ownership will be, which is a huge step towards making the whole car buying journey fully digital and even easier. Our partnership with comparethemarket.com, means the insurance quotes are always bespoke, accurate and competitive.'

Dan Hutson, head of motor insurance, at comparethemarket.com said: 'Purchasing a car, new or used, is an expensive time for many. The Quick Quote service that comparethemarket.com has launched alongside Auto Trader, lets people see how much their car insurance could cost when browsing on the Auto Trader website.

'Car insurance continues to be a large part of the overall cost of running a car, so being able to compare car insurance premiums in this way will provide people with an additional level of information at their fingertips, allowing them to make informed decisions about their new car purchase.'

Each time a car buyer creates a quote via Quick Quote, they will receive an email from comparethemarket.com confirming the price which will also be saved to their account, so they can check back on insurance prices at a later date. Quick Quote is now live on Auto Trader.

- ENDS-

For all media enquiries, please contact:

Andrew Nankervis | [email protected]

About Auto Trader

Auto Trader Group plc is the UK and Ireland's largest digital automotive marketplace. Auto Trader sits at the heart of the UK's vehicle buying process and its primary activity is to help vehicle retailers compete effectively on the marketplace in order to sell more vehicles, faster. Auto Trader listed on the London Stock Exchange in March 2015 and is now a member of the FTSE 100 Index.

The marketplace brings together the largest and most engaged consumer audience. Auto Trader has over 90% consumer prompted brand awareness and attracts circa 50 million monthly cross platform visits each month, with over 80% of visits coming through mobile devices.

For more information, please visit https://plc.autotrader.co.uk/who-we-are/about-us/

About comparethemarket.com

comparethemarket.com was launched in 2006 and has grown rapidly over the past 14 years to become one of the UK's leading price comparison websites.

comparethemarket.com provides customers with an easy way to make the right choice for them on a wide range of products including motor, home, life, travel and pet insurance as well as utilities and money products such as credit cards and loans.

comparethemarket.com actively works with its brand partners to help provide great services to customers.

comparethemarket.com and comparethemeerkat.com are trading names of Compare the Market Limited. Compare the Market Limited is an insurance intermediary, which is authorised and regulated by the Financial Conduct Authority (Firm Reference Number 778488) and is registered with the Financial Conduct Authority for the provision of payment services (FRN: 911617)