3 Ways Autoland Delivers a Hassle-Free, Credit Union Centered Car Buying Experience
Autoland takes the hassle out of car buying for your members, and makes your credit union central to the car buying experience.
Autoland takes the hassle out of car buying for your members, and makes your credit union central to the car buying experience.
Is your auto loan approval rate healthy, but your funding rate in decline? In today’s competitive finance environment, growing your auto loan portfolio can be a challenge. Autoland, a Strategic Link business partner, says the solution is a combination of the right resources and knowledge.
CU Direct announces that will pay a 3-percent cash dividend to its 102 credit union shareholders — the ninth consecutive year that it has paid a dividend. Autoland, Inc. reports increased earnings for the third straight year; gross margin, vehicle sales and the CUSO’s auto-loan-to-sale-retention rate all increased, the company says.
With smartphone use surging, Autoland, Inc. has launched an optimized mobile version of its website to meet the research and shopping needs of car buyers.
The experience that Autoland provides for consumers, along with attractive leasing programs and vehicle prices, have returned revenue 76% ahead of forecasted earnings. That means the Strategic Link partner will be able to continue offering value to credit unions, auto dealerships, and main street consumers.
Our credit union participates in indirect lending where the auto dealers sign up new members. What are the CIP rules for the credit union?
Citing increased business referral volume from an expanded partner base and sustained car buying demand, Autoland, Inc. posted a year-over-year net profit increase of 174 percent in 2012 and also raised its auto-loan-to-vehicle-sale retention rate to a combined 82 percent, driving $93.2 million in auto loans to credit union partners.
Do you have any ways to help us increase our auto loan volume?
Autoland, a Strategic Link business partner, donated $2,000 to the Center for Comprehensive Care and Diagnosis of Inherited Blood Disorders in Anaheim, Calif., after the center was nominated by Financial Partners Credit Union.
Autoland, a Strategic Link business partner, has more than 40 years’ experience delivering quality auto loans to credit unions. Read more about how a partnership with Autoland has benefited Seattle Metropolitan Credit Union in this case study.
Strategic Link business partner Autoland has seen continued growth this year, with 15 new credit union partnerships and a strong new-car sales market. Net profits through August have exceeded 2011 profitability by 99 percent.
Strategic Link business partner Autoland awarded its second-quarter charitable grant to the Portland Police Bureau Sunshine Division. The organization, which provides emergency food and clothing in Portland, was nominated by Advantis Credit Union.
Having added 11 new credit union partners and with lead volume up 27 percent, Strategic Link business partner Autoland reported positive first-quarter earnings, including a 16-percent sales increase over the same period in 2011.
Autoland, Inc. is celebrating its 40th anniversary in 2011. The credit union-owned cooperative continues to offer outstanding auto-buying service specifically tailored to credit unions.
Credit Unions attempting to improve their auto-lending business are invited by the nation’s largest credit union auto-buying service to a workshop in Eugene.
Credit Unions attempting to improve their auto lending business are invited by the nation’s largest credit union auto buying service to a workshop in Eugene.
Autoland Solution’s president outlines how changing demographics are affecting the automarket and your credit union.
Autoland Solution’s president outlines various trends in the automobile market, including higher prices for Japanese cars following the tragic earthquake and tsunami.