Enterprise car sales drives record $435 million in credit union loans
(February 21, 2014) ST. LOUIS — Last year Enterprise Car Sales says it 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.
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.