Auto Loan Rates Promotion: US Federal Credit Union

January 7th, 2010 Posted in Auto Loans

US Federal Credit Union recently lowered their new and used auto loan rates to “as low as 4.14% APR.” This is a time-sensitive or “promotional offer.” The product is labeled as “POW auto loan rates,” and is only good for vehicles manufactured in 2006 or higher. As a kicker, the annual percentage rate may be discounted an extra 0.25% APR if you purchase a green vehicle. This earth friendly discount is growing more common as banks and credit unions aim to assist in the reduction of carbon emissions. A few weeks ago we mentioned one specific credit union offering 0.50% APR discounts on auto loans when purchasing green vehicles.

Details of USFCU’s new and used auto loan offer:

Choose from a variety of terms and payment alternatives while taking advantage of these additional offers from your US Federal Credit Union:

- Green Discount – .25%^APR discount for vehicles rated over 25 miles per gallon

- Used cars at new rates (2006 vehicles or newer)

- Give your budget a break – No Payments for 90 days (interest will accrue during this period)

- Protect Yourself – Mechanical Repair Coverage will protect a variety of mechanical and electrical repairs on your used vehicle purchase. Ask for it when you apply.

- Shop with confidence – approval in as little as 30 seconds.

APR=Annual Percentage Rate. Rate represented effective 08/31/2009, includes green auto loan discount, automatic payment discount and is subject to change. Rate presented for model years 2006 and newer. Interest will accrue during first 90 days without payments. Miles per gallon as rated by fueleconomy.gov.

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