Why am I writing this column? The Wisconsin Automobile Dealer Association is doing its best to destroy the one alternative Racine consumers have when it comes to buying a used vehicle: buying a used vehicle from a credit union rather than from a traditional automobile dealership.
Educators Credit Union established their auto and lease program six-plus years ago. It was and is a first in the nation: a car-buying program literally housed in a credit union, and more importantly, a car-buying program based on credit union principles. For six-plus years, the program has operated openly and with the tacit approval of all regulating bodies.
From day one, the Educators used-car program has been a dramatic success: over 3,500 members have purchased vehicles without the usual pressure and confusion associated with traditional car seller. The members have also saved tens of thousands of dollars.
Traditional car dealers don't like this one bit. They want that money back - as profit for them. [Read story at BizTimes.com/by Remar Sutton].
Posted by firstent
at 12:01 AM PDT
