The Family Credit Union has vehicle loans available for new or used autos, boats, motorcycles or recreation vehicles.
Qualified pre-approvals make it easy for you to get a better arrangement with the dealer knowing you have the cash up front.
N.A.D.A. “Blue Book” prices on used cars are available online at www.nada.com
|EXAMPLE OF COST TO PURCHASE A $25,000 VEHICLE||The Family Credit Union Financing||Dealer Special|
|Amount Borrowed||$20,000 (with a rebate of $5,000)||$25,000|
|Annual Percentage Rate||2.99%||0%|
|60 Monthly Payments||$360.00||$416.67|
|Total Payback Amount||$21,557.10||$25,000|
|CREDIT UNION SAVINGS TO YOU…
You might be surprised at the results of this calculator.
This product is optional. Under the Debt Protection program, your loan balance may be canceled or your monthly loan payments canceled without penalty or added interest.
Certain eligibility, conditions or exclusions may be applicable.
When purchasing a car, one of the last things you want to think about is totaling your vehicle and still being upside down on your loan.
An auto insurance policy generally pays out the amount of what your vehicle is valued at during the time of the total loss.
If your vehicle is totaled and the insurance company claims that it is only worth $10,000, but you still owe $15,000 on it, you are going to be responsible for paying or rolling over that additional $5,000 to your new vehicle.
With the coverage added to your policy, the insurance company would pay out up to what you still owe to the financial institute, giving you a clean slate when it comes to purchasing a new vehicle.