|By PR Newswire||
|February 20, 2014 05:48 PM EST||
ST. LOUIS, Feb. 20, 2014 /PRNewswire/ -- Last year, Enterprise Car Sales generated a record $435 million in auto loans for credit unions throughout the U.S. This marks an increase of more than 12 percent over 2012 loan volume, with more than 26,000 loans offered through Enterprise's credit union partners last year.
The relationship between Enterprise Car Sales and credit unions has helped credit union members purchase quality used vehicles for more than 30 years. In fact, Enterprise Car Sales has helped generate almost $10 billion in loan volume overall for more than a thousand credit unions nationwide.
By partnering with Enterprise Car Sales, credit unions can provide members access to Enterprise's signature customer service and co-op promotional offers exclusively for credit union members. For example, WEOKIE Credit Union in Oklahoma City, with more than 50,000 members, increased its overall car-sale transactions by 28 percent in 2013. WEOKIE has been partnering with Enterprise Car Sales for more than 14 years, a testament of their mutual focus on customer service, fair pricing and transparency.
"Collaborating with Enterprise for so long has turned out to be a significant benefit," said Brent Taylor, WEOKIE's Chief Executive Officer. "The Enterprise Car Sales team serves our credit union members well, and helps us get consumers into reliable, affordable vehicles efficiently and quickly."
Beth Wheeler, Corporate Director of Business Development for Enterprise Car Sales, agrees. "Credit unions are natural business partners because we share many of the same values," she said. "We are both driven to provide customers the best service possible, with a commitment to the communities in which we work and live."
Enterprise Car Sales, which has sold more than one million used cars, has more than 125 U.S. locations. Its tailored used-car buying programs create opportunities for credit unions to increase their used-car loan portfolio and optimize member loyalty.
In addition to Enterprise Car Sales' "Perfect Used Car Package" – which features a 12-month/12,000-mile limited powertrain warranty for every used car purchased – credit union members appreciate Enterprise's trademark no-haggle pricing and guaranteed seven-day or 1,000 mile repurchase agreement, as well as a 109-point inspection performed by an ASE-certified technician.
As a valued partner, when a credit union refers members to Enterprise, Enterprise will always refer them back to the credit union for financing, ultimately increasing auto loan volume for the referring credit union.
SOURCE Enterprise Car Sales