If you find the process of buying a vehicle frustrating, we can help! We have fleet department contacts at many dealerships. Contact us for a list of dealers and fleet representatives.

Our friendly Loan Officers will quickly get you pre-approved, and help you with your financing. We can even check and see if you’d save money by taking any rebate instead of factory financing if it is offered.

Do you have a vehicle financed elsewhere?

If so, we can probably save you money by refinancing the vehicle with the credit union at our lower rates. To refinance: Fill out the loanliner short form if you have had a loan with the CU in the past. If not, please fill out the full loanliner application. Call and ask your current lender for a ten day payoff, fax, or bring in your original finance agreement or buyers order (Will have vehicle model, year, MSRP, options, etc.)

Refinance and Save! If you have a vehicle financed elsewhere, now is the time to refinance with the credit union to save money! Just call your current lender and get a 10 day payoff. Then call a CU loan officer--we'll calculate the savings for you! Please have your vehicle information such as model, options, mileage, etc. ready when you call so we can determine the value of the vehicle for you.

What about leasing?

This is truly an area where "let the buyer beware" comes into play. Leasing has become popular because it reduces the monthly payment on vehicles that a person could not afford if they were to purchase it. Before leasing, you should carefully consider the beginning, middle and end-of lease costs. At the beginning of the lease, The gross capitalized cost of the vehicle may be significantly more than if you purchased the vehicle; you have to pay your first monthly payment; a refundable security deposit or your last monthly payment; other fees for licenses, registration, and title; a capitalized cost reduction (like a down payment); an acquisition fee (also called a processing or assignment fee); freight or destination charges; state or local taxes; and insurance coverage may be more expensive than if you owned the vehicle.

Does the lease includes "gap" coverage, which protects you if the vehicle is stolen or totaled in an accident? During the lease, you will have to pay your monthly payment; any additional taxes not included in the payment such as sales, use, and personal property taxes; insurance premiums; ongoing maintenance costs; and any fees for late payment. You'll also have to pay for safety and emissions inspections.
If you end your lease early, you may have to pay substantial early termination charges. At the end of the lease, if you don't buy the vehicle, you may have to pay a disposition fee and charges for excess miles (12,000-15,000 per year is a typical limit) and excess wear.

Check the lease agreement for the standards for excess wear, such as for body damage or worn tires. You will have no equity in the vehicle because you have not owned it, but there should be a purchase option.

Our loan officers are available to help you make an informed decision whether to purchase or lease a vehicle. We suggest you bring any lease contract you are considering to us before you sign so that we can review it with you. The credit union does not offer leases because we do not feel that they are in our members best interests.

We may report information about your account to credit bureaus. Late payments, missed payments, or other defaults on your account may be reflected in your credit report.