LAKE MARY, Fla. – CFE FCU said its recent car sale at the Central Florida Fairgrounds in Orlando produced more than $2.7 million in new loans, about three times as much as previous tent sales.
Processing Content
The credit union made 160 loans for 160 new and used cars sold during the sale.
CFE, the one-time Central Florida Educators credit union, teamed with Auto Wholesale Direct for the two-day event, where special loan deals were offered.
To draw buyers, the $1.4 billion credit union offered attendees a chance to select six numbers that could unlock a vault to win a new Jaguar or $75,000 cash but none of the 530 attendees select the correct numbers.
