PFFCU new and used auto loans offer:
- AutoDraft- a pre-approved loan check, providing convenience and greater
negotiating power
- Remarkably low rates
- Up to 100% financing on new and used vehicles*
- ¼% rate discount for automatic payment from a PFFCU account
- Terms up to 7 years available for new auto loans, and up to 6 years
for used auto loans
- Extended auto warranty coverage
If you're considering a new car purchase, beware of a common sales strategy some dealers use. They immediately offer you financing at a very low rate to make you think you are getting a good deal. To compensate for the low financing, the dealer may not give you the lowest sales price for the car. PFFCU offers you a better car buying plan that can save you thousands of dollars. It's as easy as 1, 2, 3!
1. Get a PFFCU AutoDraft
Contact PFFCU to get your AutoDraft* before you go to the dealer. An AutoDraft is an auto loan you receive in the form of a check to buy a car up to your approved loan amount. Use your AutoDraft just as you would a personal check to purchase your car. With an AutoDraft, there are no hidden fees, so you know exactly what your loan costs. When you finance with PFFCU, you'll get exceptional service, a low rate, a 10-minute application process, and a loan decision within one hour.*
2. Know the invoice price before visiting the dealer.
Find out the vehicle's invoice price with our free Auto Pricing Service. Take this information with you to the dealership. Let the dealer know you are aware of the vehicle's invoice price and that you already have financing in hand.
3. Negotiate the best price for the vehicle.
With a PFFCU AutoDraft, there is no need to discuss financing through the dealership. Your AutoDraft gives you the bargaining advantages of a cash buyer, so you can keep the conversation on the true invoice price and negotiate the best deal.
Payment Protection
Payment Protection is an optional feature for your auto loan that, depending on the package you select, can cancel your loan payment, up to the agreement maximum, if you become involuntarily unemployed, sick or injured. It can also cancel your loan balance, up to the agreement maximum, in the event of loss of life. You can count on Payment Protection to help protect your family and credit rating.
Enrollment in Payment Protection is voluntary and not required to obtain a loan. For more information on Payment Protection--including benefit maximums, eligibility and limitations--please give us a call at (215) 931-0300 or (800) 228-8801.
*A PFFCU AutoDraft may be used for the purchase of automobiles or trucks only. Members who desire to purchase a motorcycle should apply for a PFFCU Signature Loan. A PFFCU AutoDraft
may not be used for sales between private parties, may not
be used as a down payment on the purchase of a vehicle, and
may not be used to purchase reconditioned or salvaged vehicles.
See your AutoDraft for all terms and conditions. One hour loan decisions are contingent upon receipt of all required application information. |
