Rate vs. Rebate

Credit Union Rates with Rebate Can Beat The Dealer’s 0% Financing.

Take the rebate and save with a loan from NHCU. If you’re offered the choice of a rebate or the dealer’s 0% financing, choose wisely. Financing the lower amount with a low rate loan from NHCU could cost significantly less than paying the full invoice amount with the dealer’s 0% financing. For example:

NHCU's 1.99% APR* Financing 
Dealers' 0% Financing 
Vehicle Purchase Price $25,000 $25,000
Dealership Rebate  $2,000 $0
Final Loan Amount  $23,000 $25,000
48 Monthly Payments of  $498.89 $520.83

Total Cost Paid  $23,946.62 $25,000
Total Saved $1,053.38 $0
Research is key. Even though the deal may sound good, you have to consider the long term impact that choosing a dealer's financing over the Credit Union can have. 

Some of our Loan Features can also include: 
  • Up to 100% financing
  • Low, fixed rates
  • No prepayment penalties
  • Terms up to 84 months for new and used autos
  • Credit life and Disability Insurance offered for peace of mind
  • Guaranteed Auto Protection (GAP) insurance
  • Extended Warranty Protection
*APR = Annual Percentage Rate. 100% Financing available. New auto loan rate example: 48 month loan at 1.99% APR. Other terms available; call for details.
Dollar amounts are approximate values. The rate for new/used auto loans is determined by evaluation of applicant’s credit and may vary.
Your actual rate could be higher. Rate effective 9/1/18 and is subject to change without notice.