Maine Cars was developed as a car shopping program to help Credit Union members with the challenging process of buying a new or pre-owned automobile.
Today, nearly 90% of car buyers visit the internet before shopping for their next vehicle; the number of millennials doing this is even greater. As a result, members are exposed to multiple finance competitors during their online research on many car shopping websites, which increases the chances of a Credit Union losing member loans. The key to helping retain your current member auto loans is to start by offering the Maine Cars service from your Credit Union homepage. Maine Cars offers many great car shopping services, including:
Financing advice that contrasts the difference between credit union financing vs. competitor financing, along with your online auto loan application and loan rates. Additionally, a loan calculator is provided to help members determine monthly payments based on vehicle cost, terms, down payments and interest rates.
Your local preferred dealers are listed with contact information, bio, and picture. It also lists the dealership logo, map, and directions.
NADA values for used cars, classic cars, power sports vehicles, RV’s and marine vehicles free of any finance competitors links or advertisements.
NEW & PRE-OWNED INVENTORY SEARCH
Daily updated inventory from preferred dealers along with e-mail notification when a member sends a preferred dealer a price quote request on a vehicle.
SELL YOUR CAR
Members can enter the vehicle information of the car they would like to sell and receive a free cash offer.
Assistance is available to your members through a phone hotline, live chat, and email. The hotlines can be set up to come through your Credit Union, or you can utilize our customer service.
CAR BUYING ADVICE
Price negotiation – tips and advice to help members negotiate a better price on new and used automobiles.
Buying a used car – tips and advice to help members avoid pitfalls with the purchase of a used vehicle.
The trade-in – this section covers the trade-in process and guidance related to trading a car in.
Car buying FAQs – frequently asked questions associated with the purchase of a car.
Vehicle Information – information about the most standard warranties and topics related to maintaining an automobile.