NEA Member Benefits Partners with Auto Retail Innovator Zag To Save
Its Members Money on Cars

Harnessing Power in Numbers, New “NEA Auto Purchase Advantage” Saves NEA’s 3.2 Million Members Time, Money and Hassle in the Car Buying Experience

SANTA MONICA, CALIF. and GAITHERSBURG, MD—February 23, 2010—Zag.com, the leading provider of online car buying programs for some of the nation’s leading brands, including USAA, American Express, and AAA, has partnered with the National Education Association’s Member Benefits Corporation (NEA MB), which provides financial products, services and solutions tailored for NEA members and their families, to launch the NEA Auto Purchase Advantage.

NEA Auto Purchase Advantage is designed to provide NEA’s 3.2 million members with automobile discounts and a haggle- and hassle-free car-buying experience. Using Zag.com, Inc.’s online car buying platform, NEA members will now be able to save, on average, $5,000 off of MSRP* and have access to an exclusive network of over 2,600 Certified Dealers that guarantee low upfront car pricing and a refreshingly easy car-buying experience.

NEA MB’s all-new Auto Purchase Advantage is a valuable money and time saving tool for the nation’s education professionals. NEA’s members can perform online research on new or used cars, obtain pricing, configure new cars and get technical, safety and financing data, all within their fingertips. Once the member is completely empowered with information and an upfront price, he or she is connected to a Certified Dealer who guarantees the price and provides superior customer service.

“Raising a family and being a full-time educator is time-consuming enough, so NEA Member Benefits partners with national organizations to make everyday living easier. That is why NEA Member Benefits is proud to work with Zag Auto,” said Gary Phoebus, president and CEO, NEA Member Benefits. “Through this relationship, we are able to provide members with a national network of dealers that meet rigorous customer service standards and ensure members get the best possible deal on their new vehicle.”

NEA Member Benefits is devoted to obtaining valuable programs for its members and recognized the benefits of Zag’s car buying platform, which has saved car buyers over $330 million dollars off of MSRP* and sold over 91,500 new and used cars. In addition, Zag’s affinity auto buying programs have also earned a 95% customer satisfaction rating from its existing partners. “Zag is truly honored to have been selected as NEA MB’s auto buying partner and is excited to provide NEA members with a better way to buy a car.” said Chris Porch, Zag COO.

About NEA Member Benefits
National Education Association’s Member Benefits Corporation is a wholly-owned subsidiary of the NEA charged with bringing additional value to Association membership by providing financial products and solutions tailored for NEA members and their families.

About Zag
Zag (http://www.zag.com/) has created a better way to buy a car. Zag operates a robust auto-shopping, research and pricing technology platform that saves buyers money by concentrating group-buying power, while providing a superior car-buying experience by presenting guaranteed up-front pricing and a no-hassle delivery process with a select group of dealers. Zag provides its platform on a private label basis to affinity buying groups, such as USAA, AAA, American Express, Overstock, Liberty Mutual, Administaff and Capital One Auto Finance. Zag was recently named the second fasting growing company in Los Angeles County by the Los Angeles Business Journal. Zag is based in Santa Monica, CA.

Contact:
Shadee Malekafzali
Media Relations
Zag.com, Inc.
shadee@zag.com
(888) 446-1439

Download a copy of this release (.pdf, 81K)

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* Total, including incentives.