SANTA MONICA, Calif., Oct. 17 /PRNewswire/ -- Zag (http://www.zag.com), an innovator in automotive retailing, announced today it will partner with Vast.com to create the industry's leading used car search solution. Zag is integrating the Vast.com platform to attract used car shoppers with a better experience and convert them to ready buyers for Zag premium dealers.
For the first time, Zag's technology and service platform make it possible for consumers to complete more of the auto-buying transaction online -- everything from selection, pricing, searching inventory and accessorizing to financing and insurance. Vast.com extends Zag's used car offering as part of Zag's white label platform for affinity partners.
"Zag is committed to creating the best online car buying experience, and Vast.com is a core technology partner for used cars," said Scott Painter, CEO and founder of Zag.
Zag works exclusively with trusted brands and affinity groups that have a lasting and relevant automotive relationship with their members. Zag private labels its "best in class" internet research and shopping technology and manages an exclusive nationwide network of dealers that are committed to low, up-front pricing, an expedited delivery and administrative process and exceptional customer service. Zag now concentrates the buying power of over 60M members through its various programs to help participating dealers reduce marketing expenses and streamline the sales process in exchange for delivering the best possible price. As a result, they tap into the loyalty and trust of these committed buyers.
"Zag is at the forefront of the revolution occurring in the automotive industry -- having already proven their model for new car sales and marketing," said Kevin Laws, president and CEO of Vast.com. "We are pleased they selected Vast.com to expand their white label platform and enable the same revolution in used cars."
About Zag (http://www.Zag.com)
Zag is transforming the auto-buying experience with a groundbreaking online platform that extends current online buying capabilities -- and soon will make it possible for consumers to complete the entire auto-buying transaction online. Zag's platform goes beyond research-related websites to give consumers upfront pricing and inventory availability for new and used cars, and the ability to configure a new vehicle and arrange financing online. Over the next year, the company will roll out additional capabilities that will enable a complete, end-to-end online transaction for the first time.
Zag works with affinity-based organizations to bring a private label, customized experience to members or customers while automating much of the time-consuming, inefficient processes at the dealership level. Inaugural users include Capital One Auto Finance, the nation's largest online auto lender, which is rolling out Zag's platform for its Capital One Auto Buying program. Zag is based in Santa Monica, Calif., with offices in Sherman Oaks, Calif., Fullerton, Calif., and Portland, Ore.
About Vast.com (http://www.Vast.com)
Vast.com is a leading provider of vertical search. With sub-second search times, instant narrowing by characteristic, and robust data analytics to facilitate comparison shopping, a Vast.com-powered website is the best place to start a used car search. The technology is built to support full white-label integrations with partners, allowing all returning user and search traffic to benefit Vast.com's partners. Millions of users a month now make purchasing decisions through Vast.com's partner network. Founded in 2001 and backed by Clearstone Venture Partners and Leapfrog Ventures, Vast.com is headquartered in San Francisco with offices in Belgrade, Serbia.