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News, Analysis & Perspective on Autonomous Vehicles

BMW i Ventures invests in AutoFi, a San Francisco-based vehicle financing startup

The era of haggling with a salesperson to purchase a vehicle may soon be over, as technology continues to play a role in the purchase of a new vehicle and upending the traditional dealership model in the process. As a result, new startups are emerging to make the car buying experience more convenient using software-based technology.

BMW i Ventures, the venture capital arm of the German automaker that invests in startups in the fields of autonomous driving, digital car services, AI, automotive cloud and other on-demand mobility services, announced today an investment in AutoFi, a technology company that is looking to disrupt the way cars are bought and sold.

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