iMotors and The Auto Value Center Partner To Bring High Quality Used Vehicles To Credit Union Members
SAN FRANCISCO--Feb. 26, 2001--iMotors, the first direct to consumer seller of certified used vehicles, announced today a partnership with The Auto Value Center.
The two companies joined forces to provide credit union members one-stop shopping for top quality pre-owned vehicles and competitive credit union lending rates.
Through the alliance, a credit union member works with the Auto Value Center to review credit union financing options and secure the best financing arrangement for their budget and then orders the 1-5 year old vehicle they want from iMotors. Once financing is confirmed, iMotors locates the ordered vehicle, buys, tests, inspects and reconditions it in preparation for delivery at an iMotors Delivery Center located within the credit union member’s community.
"iMotors quality and trusted brand combined with the inherent benefits of Auto Value Center’s offering make for a dramatically improved purchasing experience for credit union members," commented Deirdre Borrego, Director of Strategic Partnerships at iMotors.
The Auto Value Center works with credit unions to offer members both conventional and low payment credit union financing options as well as assistance in locating, pricing and handling trade-ins involving new and used vehicle purchases.
"At Auto Value Center, we believe in providing members with unbiased advice and competitive and affordable credit union auto financing," said John Gibson President/Chief Operating Officer of the Auto Value Center. "We’re thrilled to partner with iMotors, an automotive retailer that is equally committed to customer service and guaranteed quality."
About iMotors
iMotors is the pioneering direct-seller of certified used vehicles. iMotors redefines automotive retailing, offering consumers extensive selection, higher quality, unprecedented value, and a better buying experience. Customers choose the 1-5 year old vehicle they want online or via toll free number. iMotors locates, buys and ships it to one of their three state-of-the-art factories where the vehicle is inspected, reconditioned, tested and certified before delivery to the customer at a DMV-licensed iMotors Delivery Center located in major markets nationwide. A privately held company, iMotors is backed by a group of investors including Global Retail Partners, Oak Investment Partners, Trinity Ventures, Vulcan Ventures, and others. For additional information, visit our website or call 888-IMOTORS. (888-466-8677).
About Auto Value Center
The Auto Value Center, Butler, PA assists credit unions in improving auto financing operations by changing the “point of sale” from the automobile dealership, where most purchasing and related financing decisions are currently made, back to the credit union. The Auto Value Center provides the Credit Union industry tools to capture automobile loans including customized Internet capability and outsource call center services. Commencing operations in 1998, the Auto Value Center currently serves credit unions in the Middle Atlantic Region and is expanding operations to service credit unions in the rest of the nation. For additional information, contact Dean M. Godfrey, CEO at 1-888-859-9576 ext. 4000 or e-mail, dgodfrey@cuavc.com.