Ontario, Calif. (11/13/12)--CUDL, administrators of the nation's largest auto lending network for credit unions, has announced that its AutoSMART program and vehicle shopping website has reached one million vehicles in dealer inventory posted to the site.
CUDL revealed that the AutoSMART website reached the record milestone as the number of credit unions and dealers participating in the website program continue to grow.
"Through years of working closely with our credit union clients, we have endeavored to provide a robust research site that credit unions can make their own and that will provide them the means and capabilities to retain member financing and help grow their auto loan portfolio" said Phil Maniaci, senior vice president, CUDL Automotive. "Achieving the one million vehicle milestone reinforces the value proposition that AutoSMART provides to dealers and credit unions, as well as the 34 million credit union members we serve."
Introduced in 2005, the AutoSMART website program is designed for credit unions and their members, and provides CUDL's partnering credit unions with a vehicle shopping and research site that can be branded, customized and marketed to members as their own. Through the AutoSMART website program, credit unions can also provide their members with a online pre-approval application and loan decision. As a result, the program provides credit unions with a key resource designed to enhance both member brand awareness and overall member satisfaction, and help drive member financing.
Unveiled within the past two years, CUDL's AutoSMART mobile app for smart phones and tablets, replicates features of the AutoSMART website as a fully functional app giving credit unions a tool that helps them stay connected to their members through the entire vehicle buying process.
For dealers, the AutoSMART website program offers a resource to promote their stores and vehicle inventory, connecting them to more than 1,000 credit unions and their 34 million credit union members nationwide.
For credit union members, the AutoSMART website offers an advanced vehicle shopping experience, providing robust research capabilities and an expanded library of online shopping resources designed to help them get a good deal on their next vehicle purchase.