Asset Recovery.
Asset Disposition.
Maximum Auction Value.

Protect your credit union and optimize your vehicle resale opportunities

With CU Direct’s Vehicle Remarketing Solutions, credit unions can ensure that vendors follow all federal, state, and local laws governing wrongful repossession and commercially reasonable disposition. We’ve partnered with the best remarketing providers in the automotive industry and have pre-negotiated lower prices. The result is a premium turnkey solution for the greatest value included in one contract.

Why Vehicle Remarking Solutions?

For many credit unions, hiring the local repo guy and using the closest auction may seem like a quick solution to recovery and disposition. However, the wrong repo agent is a compliance risk, and choice of auction matters a lot in getting top dollar for your assets.

Coordinating with a local auction house to market and sell cars for maximum value is a serious challenge, often involving a lack of oversight and loss of control by the creditor.

Fortunately, CU Direct Remarketing Services provides a comprehensive service powered by the best brands in asset recovery and disposition.

ASSET RECOVERY

ASSET RECOVERY

ASSET DISPOSITION

ASSET DISPOSITION

Auction Services

Auction Services

  • Nationwide network of repossession vendors
  • Efficient and professional
  • Reasonable cost
srs
  • Fully-managed resale strategy
  • Improved vehicle selling prices
  • Efficient selling for faster recovery
element
  • Live, competitive auctions
  • Vehicle reconditioning, inspections, title management, and more
manheim
ASSET RECOVERY

ASSET RECOVERY

  • Nationwide network of repossession vendors
  • Efficient and professional
  • Reasonable cost
srs
ASSET DISPOSITION

ASSET DISPOSITION

  • Fully-managed resale strategy
  • Improved vehicle selling prices
  • Efficient selling for faster recovery
element
Auction Services

Auction Services

  • Live, competitive auctions
  • Vehicle reconditioning, inspections, title management, and more
manheim

CONVENIENCE
Save time and money by managing all vehicle repossessions and disposition activities with one contract, one login and one phone number to call.

COMPLIANCE
Limit compliance risk in a constantly changing regulatory environment.

ECONOMICS OF SCALE
Benefit from Vehicle Remarketing Solutions’ national repossession and disposition network for competitive pricing you can afford.

VALUE
Reduce losses and increase your ROI on each recovery.

Remarketing by Element vs. Peer Credit Unions*

*Source: Excludes TRA, SSFCU, and Specialty sales. Peer group includes credit unions selling at Manheim directly or through a 3rd-party remarketer outside of Element. October 2016

Effective Asset Disposition

Effective Asset Disposition

CU Direct White Paper Features Best Approaches to Effective Asset Disposition

This white paper addresses several components of the asset disposition process that credit unions should consider when evaluating their remarketing practices.

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