0% Dealer Financing vs. Stanford FCU Financing
Take Stanford FCU financing over 0% dealer financing and save!
When car manufacturers and dealers offer super low rates, they almost always give the option of getting a rebate instead. We say, ‘Take the rebate!’ Even though a 0% APR may seem too good to pass up, an auto loan from Stanford FCU combined with the dealer rebate is often the better deal.
Here’s an example:
Financing comparison chart
||O% Dealer Financing
||2.49% APR Stanford FCU Loan
|Information shown is for illustration purposes only.
|Total Payments for Life of Loan
|Total Savings for Life of Loan
As you can see, the cost of the below-market dealer financing is ultimately reflected in the final price you pay for the car. Don’t forget, you can always opt for a longer loan term at Stanford FCU, which will lower your payments even more.
For a super-fast preapproval, apply online. When you complete your loan application online, you will get an answer in less than a minute! Print the “Approval Screen,” bring it with you when you shop and you’ll have more leverage when it’s time to negotiate price!