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Conference 7.286::dcu

Title:	DCU
Notice:	1996 BoD Election results in 1004
Moderator:	CPEEDY::BRADLEY

Created:	Sat Feb 07 1987
Last Modified:	Fri Jun 06 1997
Last Successful Update:	Fri Jun 06 1997
Number of topics:	1041
Total number of notes:	18759

603.0. "Company Cars - Financing" by GRANPA::JNOSTIN () Mon Sep 21 1992 11:20

    The policy on Company cars will be changing soon.  Many employees will
    have to give up their cars.  However, an employee can purchase the car
    by calling PHH or GE Capital to find out the asking price.  I recommend
    that DCU consider a program or process where employees can get a loan
    to finance the purchase of these cars.

T.R	Title	User	Personal Name	Date	Lines
603.1	Thanks!	ESBLAB::KINZELMAN	Two Terms, 1 in office, 1 in jail	`Mon Sep 21 1992 11:48`	2
	Thanks! Suggestion noted (so to speak :-). I've passed it to Chuck suggesting he contact the Digital-DCU liason folks to work out something.
603.2		PATE::MACNEAL	ruck `n' roll	`Mon Sep 21 1992 13:42`	2
	What would make this different from purchasing any other used car? Wouldn't current DCU loan offerings be applicable?
603.3	marketing v creating product	CVG::THOMPSON	Radical Centralist	`Mon Sep 21 1992 14:10`	5
	I would suspect that usual loans would be fine. However, this does appear to be a group that would be a logical target for a focused mailing or other targeted marketing approach. Alfred
603.4	To Buy Or Rent????	SWAM2::FORD_DO		`Thu Oct 22 1992 00:47`	7
	Will DCU consider the amount of money the employee on "Plan B" gets when deciding his credit worthyness for a loan? Our location gets $374 per month plus the $130/month we won't be paying anymore for our "Plan A" vehicle. Many will be caught in the bind of not being able to afford another car and "stuck" on Plan A. Our District policy is that you must be charged to/from work @22.5c/mile even if you visit a customer first. Kind of like buying a home vs. renting.