Credit Union Partners
Our customizable auto-buying platform enhances our partners' ability to secure loans while offering the value and guidance their members seek.
"We have seen an increase of 31% of financing for members' auto loans since the program started"
__________________Chief Lending Officer
"GrooveCar made the process of researching and purchasing a new or used car easier for our members"
__________________VP of Retail, Lending & ServicingUnited Nations FCU$5.1 Billion Assets
"Allows us to engage our members, build relationships with local dealers and serve our members with an important service they need"
__________________Director of Marketing
"An important part of our auto loan growth strategy"
__________________Chief Operations Officer
“ The Federal Reserve has raised interest rates three times in 2018 and is expected to increase them further in 2019. This has increased the average APR on a vehicle loan in September to 5.8%, compared with 4.8% a year ago. Rising interest rates increases the monthly cost of a new vehicle, making leases a more appealing option for your members who are seeking lower payments. ”