Managed Car Buying Service for Credit Unions
Enhance your credit union's value proposition, boost auto loan volume, and increase member satisfaction with our turnkey car buying solution.
Credit Union Partnership Program
- Increase auto loan volume and yield
- Improve member satisfaction and retention
- Generate revenue from ancillary products
- Lower Loan-to-Value ratios on financed vehicles
Join leading credit unions already offering our managed car buying service
97%
Member satisfaction with our car buying service
32%
Average increase in auto loan volume for partner credit unions
68%
Lower loan defaults due to better vehicle selection and negotiation
Partner Benefits
Why credit unions across California choose Drivenomic as their managed car buying solution
Increased Loan Volume
Capture more auto loans by offering a seamless car buying experience from selection through financing, all with your credit union's branding.
Ancillary Product Revenue
Generate additional income streams through GAP insurance, extended warranties, and service contracts with our fair, transparent approach.
Lower LTV Ratios
Our expert negotiation ensures members get better prices on vehicles, resulting in lower loan-to-value ratios and reduced risk for your credit union.
Member Satisfaction
Provide exceptional value to your members with a stress-free car buying experience that builds loyalty and strengthens relationships.
White-Labeled Support
Offer a fully branded experience with our white-labeled concierge service that represents your credit union throughout the car buying journey.
Detailed Analytics
Access comprehensive reporting on member engagement, loan performance, and program ROI to optimize your auto lending strategy.
How Our Partnership Works
A simple, effective process designed to maximize value for your credit union and members
Integration
We set up a custom-branded car buying portal for your credit union, integrated with your existing systems.
Member Request
Members submit their vehicle preferences through your branded portal or in-branch assistance.
Vehicle Sourcing
Our team sources ideal vehicles, negotiates the best prices, and presents options to your member.
Financing & Delivery
Your credit union handles financing while we manage delivery and final paperwork for a seamless experience.
Partner Testimonials
What our credit union partners say about our managed car buying service
VP of Lending
Mid-size Credit Union in California
"Implementing Drivenomic's managed car buying service has been transformative for our auto loan program. We've seen a 28% increase in loan volume and our members absolutely love the convenience and savings. The white-labeled experience makes it feel like an extension of our credit union."
CEO
Large Credit Union in Northern California
"The additional revenue from GAP and service contracts has been significant, but what impresses me most is the reduced risk. Our loan portfolio is healthier with lower LTV ratios, and defaults have decreased substantially. It's a win-win for our members and our bottom line."
Program Features
Comprehensive solutions to enhance your credit union's auto lending program
Comprehensive Vehicle Selection
Access to our vast network of dealerships and inventory sources ensures your members can find exactly what they're looking for, whether new, used, or rare models.
Expert Negotiation
Our professional negotiators save your members thousands on their vehicle purchases, resulting in lower loan amounts and healthier LTV ratios for your portfolio.
Ancillary Product Platform
A transparent platform for offering GAP insurance, extended warranties, and service contracts at competitive rates with revenue sharing for your credit union.
White-Label Branding
Our service is fully customizable with your credit union's branding, ensuring a consistent member experience that reinforces your institutional identity.
Partner With Us
Ready to enhance your credit union's auto lending program? Contact us to learn more about our managed car buying service.