Auto Loan Promotion
***Additional .25% off listed rate when you purchase two ancillary loan products (GAP, Credit Insurance, Extended Warranty
Effective: October 1 - December 31, 2018
Maximum Loan: Up to 100% financing including tax, title and licensing not to exceed NADA Retail Value.
Application Fee: $25.00
Other Information: Extended warranty plans available.
GAP insurance available
Members must qualify under standard credit union lending guidelines. Membership eligibility requirements apply. Comprehensive and collision insurance required with maximum deductibles of $1000-Comprenhensive and $1000-Collision.
|TERMS||NEW, 1 & 2 YEAR OLD VEHICLES||3 & 4 YEAR OLD VEHICLES||
5 YEAR OLD VEHICLES
|Up to 30 Months|
|Up to 36 Months||2.69%*|
|Up to 42 Months|
|Up to 48 Months||2.89%*||4.50%*||4.99%*|
|Up to 54 Months||4.69%*||5.15%*|
|Up to 60 Months||2.99%*||4.89%*||5.25%*|
|Up to 66 Months||3.09%*||4.99%*||5.50%*|
|Up to 72 Months||3.29%*||5.29%* Minimum Loan Amount must be greater than $20,001.00||Available only if two of the following products are purchased with the loan: MMP, GAP, Credit life and Credit disability insurance.|
|Up to 78 Months||3.99%*||Available only if two of the following products are purchased with the loan: MMP, GAP, Credit life and Credit disability insurance.|
|Up to 84 Months||4.15%*||Available only if two of the following products are purchased with the loan: MMP, GAP, Credit life and Credit disability insurance. Minimum Loan Amount for this term is $34,000.00|
Refinances available for vehicles up to 5 Years Old!**
2.00% below your current contract rate with maximums of 4.99% and minimums as listed as above for New, 1 & 2 year old vehicles. Cannot exceed remaining term on original contract. The Credit Union may, if approved by the Assistant Credit Manager and One Credit Manager offer members a rate .25% lower than and stated contract rate for a refinanced if the stated contract rate is equal to or lower than the minimum interest rate allowed under this policy. (i.e.) Member has a contract rate of 2.49% APR for 66 months, the credit union could offer to refinance the contract for 2.24% APR for the remainder of the original term.
2.00% below your current contract rate with maximums of 7.90% and minimums as listed as above for Three, Four & Five year old vehicles. Cannot exceed remaining term on original contract with a maximum term of 60 months.
*Annual Percentage Rate
**Vehicles currently financed with NAFT Federal Credit Union are NOT eligible for refinancing.