
Upon launch, the Augmented Reality feature will leverage Apple’s recently-announced augmented reality framework (ARKit) and their new mobile machine learning framework (CoreML) as well as Capital One proprietary models to identify and price cars.

Imagine customers being able to get access to this type of individualized information at the point of need, in real-time! This could include information such as their pre-qualified financing, their estimated monthly payment, nearby dealerships where they could buy the car, and much more. In the coming months, we plan to offer an augmented reality experience to our customers through the Capital One Mobile app, allowing them to scan cars via their mobile phones to view individualized information related to each car. Augmented Reality Feature: We have realized that car research is a constant process that customers are engaged in, even when they are not actively looking to buy a car.These customer pain points proved to be a problem that we wanted to solve, so, in 2015, Capital One introduced the first version of Auto Navigator, a cloud-based web application built on a microservices architecture and powered by a suite of technologies, including machine learning.


Then what? Is it back to the drawing board? Do they start over, or settle for something outside of their budget? The Solution But oftentimes they don’t know this at the beginning of the shopping process when they set their hearts on a particular car. What we realized as we dug deeper into the car-shopping process, is that some people are left discouraged, realizing the payments are (much) more than they expected because the total cost of ownership is larger than the price of the car. We asked ourselves why something as exciting as buying a new car needs to be fraught with this much anxiety. To add to that, 78% of Americans admit the last time they bought a car, they lost confidence that they would get the car they wanted during the shopping process. In addition, 62% of car buyers are not fully confident they got a great deal the last time they bought a car. My question - is the fact that I burned Capital One in the Chapter 13 affecting the loan amount? Am I likely to do better with Ford Motor Credit, both in terms of loan amount and rate? For anyone who has sought financing through Tesla (I believe they use Chase and Wells Fargo) same question.When it comes to big life decisions, 50% of people report researching and buying a car is more time-consuming than deciding where to go to college and choosing a baby name, according to a recent survey commissioned by Capital One. The APR doesn't shock me, but considering my income the loan amount is lower than what I expected and would require a larger downpayment than I'd like to do. Currently, my gross income is $270K, and FICO scores are:ĮQ: 678 (Auto 5/4/2 687 Auto 8 707 Auto 9 726) Capital One was burned in that bankruptcy through a credit card. For some background, I went through a Chapter 13 that was filed in 2015 and discharged in December 2020.

For the latter, I decided to go through the Capital One Auto Navigator pre-qualification process today. I'm deciding between two EVs - either a Tesla Model 3 or a Ford Mach E.
