Irvine, CA (January 24, 2025) |
CUDL, the leading credit union vehicle financing platform, released a free ebook called “Five Ways Credit Unions Hold the Key to Dealer Success.” With J.D. Power analysts predicting vehicle affordability will continue to be a pivotal issue in 2025, the ebook was created to help dealers capitalize on credit union partnerships to help more buyers get into vehicles with flexible financing options and a streamlined financing process.
Credit unions, as an aggregate, have been the number one auto lender since 2021, surpassing captives and big bank lenders. The ebook provides guidance and insights on how the CUDL financing platform helps dealerships access thousands of credit unions who can help reshape affordability for buyers and overcome current market challenges.
Key takeaways from the ebook include:
- The Power of Partnerships. Learn how working with credit unions can offer vehicle dealers competitive advantages, including flexible financing options, potentially lower interest rates, and access to a broad member base.
- Improved Customer Experience. Gain best practices for integrating credit unions into your lender mix to make it easier for buyers to qualify for loans and secure faster financing.
- Boosting Dealer Visibility and Profitability. Discover how dealers can get more eyes on their vehicles and reach more in-market shoppers to maximize sales and profitability.
- Advanced Technology to Move More Inventory. Explore technology solutions that enhance efficiency, accuracy, and security so dealers can move at the speed of today’s market.
“As concerns over vehicle affordability persist, vehicle dealerships must find new ways to offer flexible financing and better serve their customers. Our ebook offers a blueprint to leverage the advantages of CUDL and its network of credit union lenders to get more buyers into vehicles with more affordable financing options,“ said Josh Amaton, vice president of dealer client experience. “This guide is designed to empower dealerships to form valuable partnerships with credit unions that ultimately lead to greater sales, improved customer satisfaction, and long-term customer relationships.”
The ebook is available for download now and is a must-read for vehicle dealers, finance managers, and anyone looking to enhance their dealership’s customer experience and growth potential.
For more information, be sure to visit CUDL at NADA booth #1809 or visit our website.