The Best Deal For You May Not Be a 0% Car Loan
Most auto dealers offer 0% financing to attract new car
shoppers. Unfortunately, 0% has some strings attached,
as you lose the rebate or you must pay off the vehicle
over a very short time, which becomes a prepaid finance
charge. These offers normally apply to select new
vehicles, and you end up paying more for your vehicle.
By taking the manufacturers rebate and financing your
vehicle with SECU, your loan payments are calculated on
a lower price. Therefore, you actually pay less for your
vehicle than you would by taking the 0% financing.
Stop by SECU and get pre-approved for your new loan,
then find a new car or truck and let us do the
financing. We will save you money!
|
|
Dealer Loan |
SECU Loan |
|
Purchase Price |
$25,000 |
$25,000 |
|
Rebate |
$0 |
$3,000 |
|
Amount Financed |
$25,000 |
$22,000 |
|
Loan Rate |
0% |
4.35%* |
|
60 Monthly Payments |
$500 |
$409 |
|
Total Payments |
$25,000 |
$24,540 |
|
Your Savings |
|
$460 |
Apply Online and Finance your next vehicle with SECU
*Actual Rate May Vary
|