Our credit union-to-member auction platform empowers credit unions to quickly remarket collateral to their own members, and to millions of member and consumers nationwide.
The result is often substantially higher sale prices than traditional remarketing channels typically deliver, often up to $2,000 more per vehicle sold. When you sell a repo directly to your own members, you earn higher resale prices, boost loan revenue, sell MBI and GAP coverage, and build member loyalty.
Even better, the auction is quick-to-deploy, easy-to-use and takes just minutes per day to manage.
Credit unions the credit union-to-member auction to remarket their collateral enjoy the following benefits:
- Faster sales cycles
- Higher sales prices than traditional remarketing channels typically deliver
- New member applications
- More loan revenue
- Increase sales of insurance products
- Reinforced member loyalty
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