The vehicle lease market is hot, with roughly 30% of new vehicles being leased nationwide today. Secondly, this is the perfect product to augment your existing lending portfolio with a lower risk, higher return product. Thirdly, it gives your credit union a strategic, competitive advantage in your market.
CULA’s indirect vehicle leasing program is elegantly simple and time-tested through three U.S. economic recessions. Combining our extensive financing knowledge, broad risk management pedigree and deep automotive market analytics, we select the ideal vehicles to lease. We do this with precise residual values designed to capture safe and sustainable market share. We look forward to showing you with clarity and conciseness, how we can win volume in your marketplace.
Now’s the time to join CULA, the founder of Indirect Vehicle Leasing
Credit unions with a robust indirect auto lending program will increase the profitability of their lending portfolio while serving more of the new vehicle financing marketplace.
More reasons why
- The new vehicle market has stabilized
- Vehicle prices continue to climb, and with them monthly payments
- Consumers, especially millennials, are payment driven
- Your dealers are hungry for new sources of financing
- Increased ROI for your overall lending portfolio
Our Leasing Partnership Program
Due to the strategic nature of indirect vehicle leasing, when we engage with our partners it is for the long run.
Over our 30 years, we have launched dozens of agreements with many of the industry’s finest credit unions. CULA is a worthy partner. We thoroughly understand our role to provide leasing expertise, compliance to regulations and to achieve market penetration objectives with our partners. We understand success in vehicle leasing!