Even before Hurricane Sandy blew across several states, Enterprise CarSales said it was helping credit unions increase their used carloan volume.

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For instance, in 2012, the $1.8 billion, 336,000-member Municipal Credit Union in New York generated nearly $10 millionin used auto loans, while the $70 million, 16,900-member Liberty Savings Federal Credit Union in Jersey City, N.J.,recorded $1.4 million in used auto loans, according toEnterprise.

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The bulk of increases in loan volume for used cars at Municipaland Liberty took place prior to the Oct. 25 hurricane, whichdamaged thousands of cars that needed to be replaced,Enterprise said.

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“Some of our members may be mostly interested in price andvalue, other members may be focused on purchasing hybrids and otherfuel-efficient vehicles, and another segment of our membership maybe in the market for luxury vehicles,” said Ahmed Campbell, vicepresident of loan operations at Municipal.

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Frequent special promotions, reduced loan rates tied to itsvehicles and increasing used car inventories helped its creditunion clients boost their used car loan volume, Enterprise said.

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“Enterprise takes the time to understand who our members are andworks with our employees to tailor programs to meet member needs,from everyday specific discount offers to special Saturday on-sitesales events,” Campbell noted.

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Enterprise also teamed up with Municipal to assist more than 60members in purchasing their next vehicles through a special Sandyrelief loan program.

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“True to our ongoing commitment to local communities where we dobusiness, Enterprise strives to provide assistance, especially intimes of crisis,” said Michael Kopp, business development managerfor Enterprise Car Sales in New York, New Jersey andConnecticut,

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As a result of partnering with credit unions during the past 30years, Enterprise Car Sales said it has helped generate almost $10billion in loan volume for more than a thousand credit unionsnationwide.

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