Now’s The Time To Get A Great Auto Deal. At An Outstanding Low Rate.
posted: 09/08/2011
If you’re considering upgrading your current vehicle, MECU can put you in the driver’s seat with outstanding financing on all our vehicle loans — new and used. Plus, if you have a higher-rate loan elsewhere, you could save a lot by refinancing with MECU.
Along with great rates and exceptional service, you’ll enjoy a wealth of special benefits.
-
CarQuotes service: Get everything you need to make an informed buying decision, including pricing reports, research tools and free used-car valuations.
- Loan protection products: Enjoy peace of mind with mechanical repair coverage and payment protection (safeguards your auto and credit from the unexpected).
- Easy repayment methods: These include automatic payments from your MECU savings or checking account.
Not sure which offer from auto dealerships is better — 0% financing or a rebate? Often, it pays to take the dealer rebate and MECU financing. For example:
| |
Dealer 0% APR financing
with no rebate |
MECU 2.99% APR financing
with dealer rebate |
| Term |
5 years |
5 years |
| Purchase Price |
$25,000 |
$25,000 |
| Down Payment/Trade-In |
$5,000 |
$5,000 |
| Rebate |
$0 |
$2,500 |
| Amount Financed |
$20,000 |
$17,500 |
| Monthly Payments |
$333.33 |
$314.37 |
| Total Loan Payments |
$20,000 |
$18,863 |
So why not cruise into the New Year in style? For more information, call an MECU lending specialist at 877.270.6392 — select option 3, then option 1, then option 2. Or, apply online or visit a branch near you.
Sliding behind the wheel of a new car is a wonderful feeling — the same great feeling you get when you borrow from the people you know and trust.
* Annual Percentage Rate (APR) is based on excellent credit history and terms from 36 to 60 months, and reflects a .50% discount for a loan to value of less than 80% plus an additional .50% discount for Express Advantage members (those with MECU checking and direct deposit) who make automatic loan payments from an MECU checking or savings account. APR for new cars applies to 2010 or newer models. APR for used cars applies to 2008-2009 models. The APR for used 2005-2007 models is as low as 3.74% APR, and for used 2004 and older models is as low as 5.49% APR. Your actual rate will be based on creditworthiness, vehicle model year, loan to value, term and Express Advantage status. Rates are subject to change without notice.
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