Looking to buy a vehicle in the near future? Make sure to check out these auto loan rates from the Kansas Blue Cross Blue Shield Credit Union before you go shopping.
New or used cars 2008-2011 models have rates as low as 3.59% up to 60 months and as low as 4.59% for 72 months. Used cars 2005-2007 models rates start at 4.20% for 3 years, 4.45% for 4 years, and 4.95% for 5 years.
In addition to these great rates, credit union members get 10 points off the rate if they finance 90 percent or less of the vehicle’s value. For example, a 36-month loan will only be 3.49 percent if you finance 90 percent or less. Rate reductions also are offered for member rewards and will apply equally to all score categories. Current member rewards include VISA credit card, previous consumer loan within five years, e-statements, active checking account, direct deposit of loan payment, and/or total funds on deposit greater than $5,000. For each service, the member's rate will be discounted .05 percent, with a maximum deduction of .25 percent.
When you're ready to buy your car, the credit union staff can help you compare sticker prices, discounts and dealer costs, determine the worth of your trade-in, and pre-approve your loan so you have negotiating power at the dealer!