Auto Loans

GET THE BEST DEAL on a vehicle by following these best practices:

• Know the value of the vehicle you're purchasing, and the one you’re trading in. You can obtain values from NADA or other reputable sources.

• Get pre-approved for an auto loan - it'll give you better leverage when negotiating a price.

• Consider purchasing *GAP Insurance through the Credit Union to ensure you don't overpay for it. If your vehicle is totaled or stolen, GAP insurance covers the balance left on the loan after your auto insurance settlement and other recoverable losses are applied (ask for GAP policy for full details).

If vehicle will be used for UBER, LYFT, etc:  If the vehicle will be used to transport paying passengers or to deliver food or merchandise, appropriate insurance is required.  Most insurance companies do not cover accidents/damages that occur when transporting paying passengers or when on the way to/from transporting them unless you have specific coverage. The same holds true when on the way to/from making deliveries.

Fuel Economy Guide - find out how many miles per gallon a vehicle gets. Once on the site click "Find a Car" in the upper left corner, then "Find a Car Home".

*GAP Insurance (Guaranteed Asset Protection):

This insurance product is not a deposit or other obligation of, or guaranteed by, a savings association or an affiliate of a savings association.  This insurance product is not guaranteed by NCUA, FDIC or any other agency of the United States.