Enterprise, Chase to Launch Enterprise Auto Finance
August 26, 2015
ST. LOUIS — Enterprise Car Sales, a service of Enterprise Rent-A-Car, is teaming with Chase Auto Finance to provide car buyers with a seamless car-buying experience, with later expected to launch Enterprise Auto Finance will launch later this year.
The two companies announced a new multi-year, private-label agreement that will allow Enterprise Car Sales to take car buyers from vehicle selection to financing. Chase Auto Finance will serve as the private-label auto finance provider at more than 130 U.S.-based Enterprise Car Sales locations.
"Chase is pleased to provide Enterprise with a consistent source of funding and servicing as it continues to expand its car sales business," said Chase Auto Finance CEO Thasunda Duckett. "This is a great opportunity to deliver a world-class customer experience under the Enterprise Auto Finance brand."
Enterprise Car Sales will offer customers haggle-free buying, with the approach allowing the Enterprise sales team to focus on the customer experience, officials said.
"We are excited to join with Chase to offer a private-label financing option for our customers," said Mike Bystrom, vice president of Enterprise Car Sales. "We've enjoyed a strong partnership with Chase for many years. Chase is a natural fit to provide financing to our customers through Enterprise Auto Finance."