The CarCareOne private label credit program, managed by GE Money’s Sale Finance unit, enables the Moran group to offer customers varied interest financing promotions for 90 days, 6 months and 12 months. The program is available under Moran’s six franchise brands: SmartView Window Solutions, Transmission USA® service centers (Mr. Transmission®, Multistate Transmission®, Dr. Nick’s®); Alta Mere® “Toys for Your Car” ™; and Milex® Complete Auto Care™.
“Making routine and unexpected maintenance is vital to a vehicle’s ongoing safety and reliability,” said Jack Yost, vice president, corporate services for Moran Industries. “We have always offered our customers high quality products and services at reasonable prices, and GE’s credit program continues to be the right solution for our customers, giving them a better way to budget their hard-earned money when it comes to auto care.”
According to the American Institute for Economic Research (AIER), the estimated average cost of owning and operating a standard-size automobile over the expected driving lifetime is over $250,000. Additional AIER research finds that consumers most likely spend more of their disposable income on automobiles than on virtually anything else, except food and shelter.
“Car maintenance is a necessary expense for drivers, but it shouldn’t break the bank,” said Michael Mattevi, vice president, Automotive, GE Money – Sales Finance. “We’re pleased to continue partnering with Moran Industries in providing car and truck owners a flexible and convenient way to pay for auto services.”
About Moran Industries
Dennis Moran founded Moran Industries based on a simple statement: "Americans depend on their cars, and they can depend on us." For over 50 years, Americans have relied on our professionalism and industry expertise to service their cars and maintain them on a regular basis. What began as a family-run local, independent transmission repair business in Midlothian, Ill. has transformed into an automotive service provider with 200 franchise locations. For more information, visit www.moranindustries.com.
About GE Money
With more than $200 billion in assets, GE Money, a unit of General Electric Company, (NYSE: GE) is a leading provider of retail banking and credit services to consumers and retailers in more than 50 countries around the world. With more than 130 million global customers, GE Money, based in London, UK, offers a range of financial products, including private label credit cards, personal loans, bank cards, mortgages, debt consolidation and home equity loans and credit insurance. More information can be found at www.gemoney.com. GE Money’s Sales Finance unit, based in Kettering, Ohio, provides private label credit card programs and financial services for consumers through dealers; national, regional and independent retailers; associations; contractors; manufacturers; healthcare practices; and service providers in nearly 20 industries including: automotive, consumer electronics and appliances, elective health care, floor covering, home design and improvement, home furnishings, jewelry, music, powersports, outdoor power equipment, sporting goods and travel.
GE is Imagination at Work — a diversified technology, media and financial services company focused on solving some of the world’s toughest problems. With products and services ranging from aircraft engines, power generation, water processing and security technology to medical imaging, business and consumer financing, media content and advanced materials, GE serves customers in more than 100 countries and employs more than 300,000 people worldwide. For more information, visit www.ge.com.
