ROYAL OAK, Mich., Aug. XX –Donated car program, Vehicles for Change, has celebrated its one-year anniversary of operating in Detroit. Vehicles for Change Advisory Board Chair Greg Packer, CEO of Farmington Hills-based AccessPoint, joined Teresa McFadden, director of operations for Vehicles for Change, at a Woodward Dream Cruise business breakfast to highlight the year’s accomplishments. Packer spoke to a crowd of car enthusiasts and business professionals about how Vehicles for Change can help the financial stability of so many families.
The nonprofit receives car donations from the public. The cars are then made “road ready” and awarded at affordable prices to eligible Michigan families. At the breakfast, Packer and McFadden introduced Lateasha Osborn. In July 2015, Vehicles for Change awarded a 2003 Chevrolet Venture to Osborn. During the past year, she received a promotion and paid off her 12-month loan, totaling $965.00.
“Since receiving a car from Vehicles for Change I’ve been able to keep my job in the medical field due to proper transportation,” said Osborn. “Outside of me, the car has helped my family and friends, too. I am grateful for Vehicles for Change.”
Vehicles for Change took its first step toward national expansion by opening up its second location in Detroit in the summer of 2015. Founded in the Baltimore, Maryland area by Martin Schwartz, Vehicles for Change sells low-cost vehicles to qualified applicants, helping them achieve much-needed transportation. The program guarantees low-interest car loans under one thousand dollars, helping recipients build credit while achieving pride of ownership. In addition, the vehicles are repaired as needed before being sold and carry a six-month/6,000-mile warranty.
More about Vehicles for Change
Baltimore-based nonprofit Vehicles for Change Inc. (VFC) empowers families with financial challenges to achieve economic and personal independence through car ownership and technical training.
In 1999, Vehicles for Change opened outside of Baltimore, Maryland. After building sustainable car award and automotive training programs in the Maryland-Virginia-Washington D.C. region, Vehicles for Change began work to replicate those programs nationally.
Since 1999, Vehicle for Change has awarded 5,140 cars to low-income families, changing the lives of more than 15,000 people. Our 2011 study found that 75 percent of Vehicle for Change recipients achieved better jobs and/or boosted their earnings an average of $7,000 within the first year. For additional information, please visit www.vehiclesforchange.org