0% New Vehicle Financing A Myth?

Less than 10% of new car buyers actually qualify for 0% financing. To get that rate, you must have a very high credit score. The rate also may be limited to specific models or the dealers’ current inventory.

Furthermore, most of the manufacturer or dealer rate offers are for a shorter term, usually 36 months, increasing your monthly payment.Car Sedan

For most members, taking any rebate and financing at the credit union are better choices. We finance all makes and models and our flexible terms offer you more financing options.

Preapproval Advantages

Drive home a better deal when you have your loan preapproved. You will know what your approximate payment will be and you can avoid financing pressure from the dealer. Remember, dealers make most of their money on the financing. The higher the loan rate, the more they make.

With cash-in-hand, you’ll also be in a better position to negotiate the best possible price, saving you more over the life of your loan. Before going to the dealer, contact the credit union because you could save a lot of money.