Hitachi Capital Consumer Finance and online retailer eCars247 have partnered for an end-to-end e-commerce venture targeting used car buyers in the UK.

Customers on the site can apply for finance offers of up to five years from Hitachi Capital. This will be on a personal loan basis, and is advertised as the first offered in the UK that can be completed online in a single process.

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eCars247 claims to be the UK’s first online-only used car retailer to offer finance services. Its panel of funders also includes Blue Motor Finance, Alphera, GMAC, MotoNovo, Moneyway and Moneybarn. These offer PCP and HP deals, but cannot yet be completed entirely online.

Finance offers provided through the site range from £160 to £320 per month, with cars delivered to the address of choice.

Christopher Killen from eCars247 said: “We know buyers are increasingly looking for a more convenient and innovative service in the market. We wanted to launch this offering with Hitachi Capital Consumer Finance to fuel this growing demand, show our willingness to adapt to the ever-changing market and help shape what the future of used car buying could look like.”

Vincent Reboul, managing director at Hitachi Capital Consumer Finance, said: “We’re already seeing businesses across a wealth of sectors adapt to make their end-to-end purchases processes so much quicker and easier for their customers.

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“It is therefore very logical that car buying advances in this way too. The instant finance service from Hitachi Capital Consumer Finance offered alongside eCars247’s product range, convenient services, and competitive pricing really does make this a very tempting proposition for potential used car owners.”

In June Hitachi Capital Vehicle Solutions appointed Shoreham Vehicle Auctions (SVA) as its latest car and van remarketing partner, as it looks to improve efficiency of its supply chain.