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 – $35,000 Auto Loan
||O% Dealer Financing
||1.49% APR Stanford FCU Loan
||1.99% APR Stanford FCU Loan
|Information shown is for illustration purposes only.
|Total Payments for Life of Loan
|Total Savings for Life of Loan
Whether you choose 60 months or 36 months you still save with an auto loan from Stanford FCU!
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!