According to William C. McGregor, President of ILT, the two online services are the perfect complement to each other. "Our credit union clients have been looking for an online auto shopping service for their members, while dealers have asked us to make their products more visible to credit union members," said Mr. McGregor. "CarQuotes has the industry's most comprehensive car buying portal, making automobile selection, pricing and lending easier and faster for the member, the credit union and the dealer. So, when we show our credit union clients how the CarQuotes system is integrated with DILLS™ they're very anxious to make it available to their members."

"ILT's Dealer Indirect Lending and Leasing System (DILLS™) is a technologically advanced tool that automates and simplifies indirect lending," said Bill Eveline, president of CarQuotes. "Teaming up with ILT makes it easier for our credit union partners to take better control of their lending processes and capture more quality loans. We're gratified by the enthusiastic reception from Michigan credit unions and expect this rapid growth to actually accelerate as the economy improves."

When the CarQuotes link is available on a credit union's website, site users have the tools to research vehicles by type, technical specifications, year, make, model, options, fuel efficiency and price range. Shoppers can also make side-by-side comparisons and then receive pre-negotiated pricing reports on the car of their choice via email within seconds. They can then take advantage of the savings from a local dealer and apply for financing on the chosen vehicle using the DILLS™ online system.


About CarQuotes Corporation
CarQuotes (www.carquotes.com), headquartered in Deerfield, Ill., is one of the nation's leading automobile buying services and, since its inception in 1979, has provided consumers with over $400 million in savings on their vehicle purchases. The company's sophisticated services give credit unions and their members the critical tools to make auto purchasing and financing a seamless, worry-free experience. CarQuotes' advanced technology services for credit unions include CarQuotes on Demand, an automotive transaction platform.

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