PenFed Credit Union and TrueCar Partner with Volvo Car USA to Provide PenFed Members with Preferred Pricing and Incentives on...
December 05 2019 - 9:00AM
PenFed Credit Union, TrueCar and Volvo Car USA have partnered
on a private targeted incentive program that provides preferred
pricing and other incentives for PenFed members.
The Volvo PenFed Member Offer is available now until January 2,
2020 through the PenFed Car Buying Service powered by TrueCar.
PenFed members are eligible to receive $1,000 Military Purchase
Bonus Cash on purchased vehicles, plus transparent Affinity Program
Pricing, which is equivalent to Volvo’s employee pricing. The offer
is valid at any Volvo dealership nationwide.
“We’re excited to add another money- and time-saving benefit to
the PenFed Car Buying Service members shopping for a new vehicle,”
said Ivan McBride, Vice President Auto Lending Product Sales at
PenFed. “PenFed members considering a new Volvo can confidently
purchase the vehicle, knowing they are getting an exceptional
deal.”
Special incentives are available for PenFed members on select
2019 and 2020 Volvo models, including the popular XC40 luxury
compact SUV.
“Volvo Car USA is pleased to participate in this special offer
for PenFed members in partnership with TrueCar,” said Russell Datz,
National Media Relations Manager at Volvo. “We hope this is just
the first of many great benefits PenFed members will enjoy as they
become a part of the Volvo family.”
To activate the offer, PenFed members will need to login to
their online PenFed account. Members can visit PenFed.org and
navigate to the PenFed Car Buying Service or alternatively they can
visit the PenFed Car Buying Service directly and will be prompted
to login using their credentials to validate their membership. Once
validated, members can search for a new Volvo and will be prompted
to generate a unique offer PIN that will be emailed to them, along
with a form, to take to the dealership. Members can also navigate
directly to the Volvo offer page to generate their PIN.*
“We’re excited to bring these two great brands together and
provide PenFed Members the ability to discover the Volvo brand in
an intimate way through the PenFed Car Buying Service, which is
powered by TrueCar,” said Valeri Tompkins, Senior Vice President at
TrueCar. “This is a fantastic offer that provides PenFed members
access to special prices, plus incentives across Volvo’s premium
lineup of vehicles.”
*Only one (1) Volvo PIN allowed per vehicle. Limit two (2) Volvo
PINs per membership per year for members in the same household. (3)
Must be a PenFed member for at least 30 days. Check website for
additional details.
About Volvo Car GroupVolvo Car USA LLC,
(www.volvocars.com/us) is a subsidiary of Volvo Car Group of
Gothenburg, Sweden. VCUSA provides marketing, sales, parts,
service, technology and training support to Volvo automobile
retailers in the United States. For more information please refer
to the VCUSA media website
at: http://www.media.volvocars.com/us.
About PenFed Credit UnionEstablished in 1935,
Pentagon Federal Credit Union (PenFed) is America’s second-largest
federal credit union, serving 1.8 million members worldwide with
$24.5 billion in assets. PenFed Credit Union offers market-leading
certificates, checking, credit cards, personal loans, mortgages,
auto loans, student loans, and a wide range of other financial
services with members’ interests always in mind. PenFed Credit
Union is federally insured by the NCUA and is an Equal Housing
Lender. To learn more about PenFed Credit Union,
visit PenFed.org, like us on Facebook and follow us
@PenFed on Twitter. Interested in working for PenFed? Check us
out on LinkedIn. We are proud to be an Equal Employment
Opportunity Employer.
About TrueCar TrueCar, Inc. (NASDAQ: TRUE)
is a digital automotive marketplace that provides comprehensive
pricing transparency about what other people paid for their cars
and enables consumers to engage with TrueCar Certified Dealers who
are committed to providing a superior purchase
experience. TrueCar operates its own branded site and its
nationwide network of more than 16,500 Certified Dealers, and also
powers car-buying programs for some of the largest U.S. membership
and service organizations, including USAA, AARP, American
Express, AAA and Sam's Club. Nearly half of all new car buyers
engage with the TrueCar network during their purchasing
process. TrueCar is headquartered in Santa Monica,
California, with an office in Austin, Texas.
TrueCar & ALG PR Contact
Shadee Malekafzali
Shadee@truecar.com
PenFed PR Contact
Kassandra Sebastian
Kassandra.meholick@penfed.org
TrueCar (NASDAQ:TRUE)
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