THE TRUTH ABOUT 0% APR* FINANCING OFFERS

You have heard the age-old saying, "If it sounds too good to be true, it probably is." Well, consumers are finding out that the 0% APR* financing offers by auto dealers are falling into that category. When the large print says 0% APR*, be sure to pay close attention to the small print.

In many cases, auto dealers require buyers to choose between the low interest rate offer and a hefty rebate. This tactic leads buyers to believe that they are getting a better deal with the low interest financing offer, but the reality is that taking the rebate offer and financing at a competitive credit union rate will most likely be a better value. If you are in the market for a new vehicle, run your numbers to see if Five County Credit Union is a better value for you.

Here is an example:

0% APR* DEALER FINANCING

• DEALER PRICE = $15,000.00
• FINANCING = 36 months at 0% APR*
• REPAYMENT = $15,000.00

DEALER REBATE WITH CREDIT UNION FINANCING

• DEALER PRICE = $15,000.00
• DEALER REBATE = $2,500.00
• FINANCING = 36 months at 5.25% APR*
• REPAYMENT = $13,561.48

SAVINGS = $1,438.52

Some other common limitations to auto dealers' low-interest financing include application or pre-payment fees and strict qualifying guidelines such as limited vehicle models, shorter financing terms resulting in higher payments, and impeccable credit records. Don't be fooled by those 0% APR* offers.

TAKE THE REBATE AND RUN TO FIVE COUNTY CREDIT UNION.
Five County CU offers 100% Financing on new and used vehicles including motorcycles. Refinancing from dealerships or other financial institutions is also available.
Determine your car's value!

*Annual Percentage Rate