Hauppauge, New York (PRWEB) March 21, 2016 - Building aloft their acknowledged affiliation in baddest markets, CU Xpress Lease, a accessory of GrooveCar, and CUNA Alternate Group will aggrandize their accord into above auto leasing markets in Florida, California, New Jersey, New York, and Massachusetts to admonition acclaim unions, auto dealers, and associates defended and aegis added auto leases.
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Through the partnership, CU Xpress Charter provides acclaim unions with a turnkey auto leasing affairs that can be issued to associates anon through the acclaim union’s dealership partners. CUNA Alternate Group serves as the advocate for CU Xpress Lease’s Guaranteed Asset Protection (GAP) product, which covers the aberration amid the member’s primary allowance adjustment and the outstanding accommodation antithesis in the blow of an blow or theft.
“GrooveCar is appreciative CUNA Alternate Group has called us to advance our CU Xpress Charter product. We attending advanced to carrying the nation’s arch automotive charter artefact to CUNA Alternate Group’s acclaim abutment ally throughout the country. In select, complete charter markets, leasing accounts for up to 70% of new agent loans. Accouterment this opportunity, forth with CUNA Alternate Group’s support, will action acclaim unions new avenues of advance and expansion,” explains Frank Rinaudo, chief carnality president, GrooveCar.
Auto leasing has surged in popularity, up 40 percent back 2010, and accounts for added than a division of all new car purchases nationwide. In baddest regions of the U.S., that cardinal is steadily on the rise. Data shows car-buying millennials are added acceptable to charter a car than their Generation X and Baby Boomer counterparts. Leasing accounted for about 29 percent of millennials’ car purchases in 2015. “Credit abutment associates account from adjustable charter agreement and breadth allowances and a ‘no surprises’ wear-and-tear policy. Leasing is acceptable artefact for acclaim unions and associates of all ages, abnormally millennials,” explains Robert O’Hara, carnality admiral of cardinal alliances, GrooveCar.
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“Credit unions appetite programs that are accessible to administer, admonition defended added loans and assure added members. Our affiliation with GrooveCar and CU Xpress Charter is addition archetype of how CUNA Alternate Group is developing articles and casework to accommodated acclaim abutment and affiliate needs,” said Chuck Cashman, carnality president, business development and cardinal partnerships, CUNA Alternate Group, adding, “We’re attractive advanced to allegorical acclaim unions about this admired new program.”
As an added amount for acclaim abutment members, GrooveCar provides convenient auto purchasing resources, including agent pricing, aloof car reviews, video presentations, agent history reports, appraisement allegory tools, costs information, acquittal calculators, able advice, and added admired assets and information.
About CU Xpress Lease:
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A charter affairs accurately advised for the acclaim abutment to acquire the allowances of leasing while advancement ascendancy of the acclaim affection and process. CU Xpress Charter and its affiliated companies accompany decades of acquaintance in auto remarketing and charter application to accommodated the needs of acclaim unions and their members. With offices in Hauppauge, New York and Bedford, Texas an accomplished basement is accessible to accommodate acclaim unions with an avant-garde artefact after the risk.
About GrooveCar:
Founded in 1999, GrooveCar provides automotive accommodation advance solutions to acclaim unions civic while accouterment their members, as able-bodied as the accepted public, with the best advisory and user affable auto chase engine. With its all-embracing dealership arrangement before bristles actor vehicles, GrooveCar facilitates the absolute car affairs process, including shopping, researching, buying, leasing, and financing. Through the civic auto leasing affairs CU Xpress Lease, acclaim unions can booty advantage of leasing opportunities in the new agent market. CU Xpress is the arch acclaim abutment charter affairs in the nation. Additional admonition on GrooveCar or CU Xpress Charter may be begin at http://www.groovecarinc.com.
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About CUNA Alternate Group
CUNA Alternate Group helps bodies plan, assure and advance for their approaching – behindhand of their banking standing. The aggregation was founded added than 80 years ago by acclaim abutment leaders who were attractive for an allowance and advance accomplice they could trust. Today, CUNA Alternate Group helps acclaim unions and accomplished Americans body banking aegis through bartering and claimed allowance products; lending and acquittal aegis solutions; and blow management, retirement, advance and business services. Additional admonition about the aggregation can be begin at http://www.cunamutual.com.
CUNA Alternate Group is the business name for CUNA Alternate Captivation Company, a alternate allowance captivation company, its subsidiaries and affiliates. Life, accident, bloom and accomplishment allowance articles are issued by CMFG Life Allowance Company. Property and blow allowance articles are issued by CUMIS Allowance Society, Inc. Anniversary insurer is alone amenable for the banking obligations beneath the behavior and affairs it issues. Corporate address are amid in Madison, Wis.
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