Enterprise Car Sales Partnership With Credit Unions Helps Drive Record Auto Loans

News provided by

Mar 04, 2015, 02:37 ET

ST. LOUIS, March 4, 2015 /PRNewswire/ -- Enterprise Car Sales generated a record $483 million in loan volume to more than 28,000 credit union members during 2014 calendar year.

Enterprise Car Sales partnership with credit unions helps drive record auto loans

Enterprise Car Sales is a service of Enterprise Rent-A-Car, the largest rental car brand in North America, and specializes in working with credit unions of all sizes to increase auto loans. Enterprise's record loan volume reflects continued strong auto lending last year and is on trend with ongoing growth in the credit union sector overall. In fact, Enterprise Car Sales has helped generate almost $10 billion in loan volume during the last 30 years with more than a thousand credit union partners nationwide.

"Our partnership with credit unions goes back decades, and we're honored to serve their membership," said Beth Wheeler, Corporate Director of Business Development at Enterprise Car Sales. "Our credit union partners put their trust in us – and we strive to fulfill their members' transportation needs by providing exceptional service throughout their buying experience. It's truly a winning combination."

Enterprise Car Sales' tailored used-car buying programs create opportunities for credit unions to increase their used-car loan portfolio and optimize member loyalty.

"We regularly refer our members to Enterprise Car Sales when they're looking to purchase a used vehicle," said Nick Wodogaza, president and CEO at Palmetto Citizens Federal Credit Union. "Not only does Enterprise provide outstanding service, they also refer our members back to us for financing. It's a partnership that is both great for our members and great for our business."

With approximately 130 locations, Enterprise Car Sales features more than 250 makes and models of certified high-quality, late-model used cars, trucks, vans and SUVs. Each vehicle passes a rigorous 109-point inspection conducted by an ASE-Certified technician, and comes with a seven-day/1,000-mile repurchase policy. Enterprise selects clean, well-maintained vehicles, most from its fleet of more than one million vehicles, offers them at competitive used car prices and then backs each one with roadside assistance for one year. A free CARFAX^® Vehicle History Report™ also is available for all certified vehicles.

Credit union members also appreciate Enterprise's low-pressure car-buying experience, which includes haggle-free buying. From the first day Enterprise began selling used vehicles in St. Louis in 1962, customers have been assured that the listed price is the price they pay. That approach allows the Enterprise sales team to focus on the customer experience – and the exceptional service that is a hallmark of the Enterprise brand.

In 2013, Enterprise Car Sales debuted its first-ever television commercial focusing on the ease of a negotiation-free used car-buying experience, while also highlighting the Enterprise brand as a total transportation solution. For more information about how Enterprise Car Sales partners with credit unions, visit www.enterprisecarsales.com/perfectpartnership.

Logo - http://photos.prnewswire.com/prnh/20150303/179572LOGO

Photo - http://photos.prnewswire.com/prnh/20150303/179571

SOURCE Enterprise Car Sales