Manatee Community FCU Launches Car Program For Low-Income Residents
To help low-income workers and their families buy affordable vehicles, Manatee Community Federal Credit Union and Enterprise Car Sales have teamed up to make it happen.
The Reliable Rides program is a partnership between the $25 million credit union in Bradenton, Fla., Enterprise and CareerEdge of Florida Inc., an alliance of business, civic and philanthropic organizations that leverages public and private dollars to provide opportunities for better jobs and wages in Manatee and Sarasota Counties.
Vehicles for Reliable Rides are available for purchase through Enterprise Car Sales. Pre-owned and late-model cars selected for low mileage and affordability are available, according to the program.
Each vehicle comes with a 12-month/12,000 mile powertrain warranty, vehicle certification, 12-month roadside assistance, and a seven-day repurchase agreement.
Financing for Reliable Rides is available through Manatee Community for eligible applicants who work, worship, live or are students in Manatee County or work with CareerEdge of Florida.
“Having a reliable vehicle to provide transportation to and from work is essential to maintain steady employment,” said Mireya Eavey, executive director at CareerEdge.
“Many workers and families are currently unable to purchase a reliable car because of debt or credit challenges causing high finance rates. We partnered with Manatee Community Federal Credit Union and Enterprise Car Sales to address this issue and provide reliable transportation to low-income families,” Eavey said.
A number of credit unions have formed partnerships with Enterprise Car Sales. In April, the company announced it would offer co-branded websites to credit unions so that they can promote current local auto loan rates and incentive offers exclusively to their members.