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Good day. Exciting news we're communicating to the market today. We're announcing that we have surpassed the 5 million mark of online car loan applications delivered to our Carloan.com network of dealers. Over the last 8 years we've averaged 625,000 apps a year or 52,000 each month. Big stuff considering the last two years have been within a recession.
A big thanks to our dealers.
Many of you have been doing business with us for well over 12 months, and several for over 5 years. We can't say "thank you" enough for sticking with us through the downturn. Of course, we have warm fuzzies for our new customers too. All in all the level of service you provide to hard working people every day is extraordinary. Our marketing doesn't work if dealers on the ground don't back it up. Thanks!
Surpassing 5 million car loan applications has us pumped. What has us confident that we'll hit our next 5 million faster than the first is the ground work we're laying in our business now. We're excited about the investments we're making. There's a lot moving with new faces and talent, new teams, new tools, and new ways of collaborating with partners. We feel down the stretch in 2011, our brands will be stronger than ever, and as customers you'll benefit from stronger intent in the buyer. Our goal remains your mission, Sell More Cars!®
Please stop by our booth at NADA and say hello - booth #2046S. If you're free Saturday at 12:30 come help us celebrate our milestone. Marketing got a fancy cake and everything.