If you have been car shopping lately, you have probably found yourself in the following situation: When talking with the salesman you discover that you have the option to take a cash rebate on the vehicle or 0% financing. You might think that the best idea is to take 0% financing, right? Maybe not.
Our Money Saving
Automotive Rates & Terms
| 24 mos. |
3.99% APR* |
| 36 mos. |
4.99% APR* |
| 48 mos. |
5.49% APR* |
| 60 mos. |
5.99% APR* |
*APR is annual percentage rate. All rates are subject to change without notice. Rates effective as of October 1, 2004. Other rates and terms are available. All loan approvals subject to normal under writing guidelines. No other discounts apply. |
How To Reach Our
Car Buying Service |
Alliance Car Finder
(770) 509-2571
(800) 493-2955 |
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Stop a moment and put the figures down on paper. Compare what your payments would be if you choose the 0% financing option to what they could be if you took the rebate, applied it to your down payment and financed your vehicle at Georgia Florida United Methodist Federal Credit Union. Our lower than average loan rates provide for a lower monthly payment.
Also consider how long you will be keeping your car. If you are financing for 5 years but intend to trade before that, you will not be taking advantage of the full value of 0% financing. Taking the rebate will give you a better position when trading in your vehicle since you would already owe less on it. Another money saving tool is the Alliance Car Finder available from your credit union. With this service, members simply supply the car finder specialists with specifications of the vehicle they wish to purchase and they will locate the vehicle at a near wholesale prices. For more information, visit the link for Alliance Car Finder on our website, www.gamethfcu.org, or contact them by phone. You have options when you purchase a new vehicle. A little research will help you to choose the right one for you. |
