Enterprise, Chase to Launch Enterprise Auto Finance
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."
More Industry

Tesla Tops American-Made List
As automakers have pulled back on EV production in the U.S., the number of vehicles on Cars.com’s American-Made Index has declined, though hybrids remain popular.
Read More →
Black, White and Gray
U.S. consumers have increasingly favored achromatic shades for their vehicles, though the trend seems to have plateaued, new research shows.
Read More →
Black Book: Weekly Market Update
Wholesale automotive auction activity slowed noticeably last week, though business still remained healthy, analysts reported.
Read More →
Texas vs. California
The state known for its pickups penchant threatens to overtake the traditional center of U.S. car culture as it grows sales of new vehicles and pays more for them.
Read More →
Hybrids Record Highest Annual Mileage
A new study shows that conventional hybrids are the most heavily driven vehicles on the road, while plug-in hybrids are the least-driven power train.
Read More →
Black Book: Weekly Market Update
Last week's wholesale vehicle auction activity reflected seasonal patterns as buyers stayed choosy about selections, analysts reported.
Read More →
Auto Prices Ride May Moderation
Flat ATPs and asking prices clocked in below long-term averages for the month, though some segments saw significant price gains, reported Cox Automotive.
Read More →
Auto Retail Families Get Out While the Getting’s Good
Kerrigan Advisors’ first-quarter Blue Sky Report shows a sharp uptick in buy-sell deals as more retailers take advantage of handsome values while seeking to escape market risk.
Read More →
Holman Opens New Lexus Dealership
Located in the heart of Clark County, Lexus of Vancouver features a multi-level showroom, more than 30 service bays, an indoor drive for drop-off and pick-up and a fleet of courtesy vehicles.
Read More →
Ownership Priorities are Shifting
A new survey shows that in the U.S. vehicle quality for generation Z is largely defined by advanced safety features, intuitive technology and premium sound systems.
Read More →