Shopping for a Car? Choose PenFed First
Alexandria, VA (PRWEB) November 14, 2013 -- Are you shopping for a new or used auto? Then consider your financing options with PenFed (Pentagon Federal Credit Union) first.
PenFed Auto Financing: Something for Everyone
PenFed has a variety of auto financing programs to choose from; programs that work within a variety of budgets and any desired venue shopping experience. And now for a limited time only, get in on some of the lowest rates of the year.
“Everyday” PenFed Auto Financing:
This program is for members who prefer to negotiate their auto purchase at a dealership or who are interested in refinancing. Right now members can enjoy online financing at 1.99% APR on all model years for terms between 12 to 60 months.
PenFed Car Buying Service:
For a limited-time only, when auto shoppers use the PenFed Car Buying Service and finance their purchase with PenFed, these individuals can secure 0.99% APR online only financing for up to 48 months on new and used vehicles.
PenFed members have seen an average savings of $2,973 off MSRP 1 on new cars with the PenFed Car Buying Service. The experience is tailored for shoppers looking for a new or used car in a convenient “hassle-free” environment; and allows members to research new and used vehicles, get safety information, see photos and videos of vehicles, read reviews, and receive negotiated price quotes on vehicles from dealers in their area.
Enterprise Car Sales:
With Enterprise Cars Sales, auto shoppers can finance a vehicle with PenFed and secure 0.99% APR online financing for up to 48 months. Free to all PenFed members, the Enterprise Car Sales service is a good fit for those individuals who want to experience “no-haggle” car pricing.
Learn More:
For more information about PenFed and membership eligibility, call 800.247.5626 or visit PenFed.org.
About PenFed (Pentagon Federal Credit Union)
Established in 1935, PenFed is one of the largest credit unions in the country serving over 1.2 million members worldwide; with more than $16 billion in assets. Its longstanding mission has been to provide superior financial services, responsive to members’ needs in a cost effective manner. PenFed offers market leading mortgages, automobile loans, credit cards, checking, and a wide range of other financial services with its members’ interests always in mind. Serving a diverse population, there are hundreds of ways to become a PenFed member; including numerous association members and employee groups. PenFed is federally insured by the National Credit Union Administration, does business in accordance with the Federal Fair Housing Law and the Equal Credit Opportunity Act, and is an equal housing lender.
Disclosures: Rates and offers current as of November 5, 2013 and are subject to change. Other restrictions may apply. Rates not available for refinance of an existing PenFed loan. Everyday PenFed Loan: 1.99% APR applies to new and used vehicle loan amounts up to $100,000 financed for 12-60 months. Maximum used card loan advance is NADA “Retail Value” or 80% of the purchase price where NADA “Retail Value” is not available. Further restrictions apply on vehicles with 100,000 miles or more; vehicle mileage may not exceed 125,000 miles. Up to 100% financing is available to qualified members. Internet only special rate: Higher rate will be assessed if you do not apply online. Everyday PenFed Loan Payment Example: $20,000 at 1.99% APR; 60 monthly payments of approximately $350.47. Call 800-247-5626 for details. PenFed Car Buying Service Loan: 0.99% APR applies to new and used vehicle loan amounts up to $100,000 financed for 12-48 months when you use PenFed's card buying service. Other restrictions may apply. New vehicles are where you are the original owner and the vehicle is a current or previous model year. Up to 100% financing is available. Weight restrictions apply. Internet only special rate: Higher rate will be assessed if you do not apply online. PenFed Car Buying Service Loan Payment Example: $20,000 at 0.99% APR; 48 monthly payments of approximately $425.14. Call 800-247-5626 for details. Enterprise Car Sales: 0.99% APR applies to new and used vehicle loan amounts up to $100,000 financed for 12-48 months when purchased through Enterprise Car Sales. Maximum used card loan advance is NADA “Retail Value” or 80% of the purchase price where NADA “Retail Value” is not available. Further restrictions apply on vehicles with 100,000 miles or more; vehicle mileage may not exceed 125,000 miles. Up to 100% financing is available to qualified members. Internet only special rate: Higher rate will be assessed if you do not apply online. Enterprise Car Sales Loan Payment Example: $20,000 at 0.99% APR; 48 monthly payments of approximately $425.14. Call 800-247-5626 for details. 1$2,973 average savings represents the average amount of savings off of MSRP presented to users by Certified Dealers based on user-configured new vehicles for which a user requested a certificate between 04/01/13 and 04/30/13. Your actual savings may vary based on multiple factors including the vehicle you select, region, dealer, and applicable manufacturer incentives. The Manufacturer’s Suggested Retail Price (“MSRP”) is determined by the manufacturer, and may not reflect the price at which vehicles are generally sold in the dealer’s trade area as not all vehicles are sold at MSRP. Each dealer sets its own pricing. Your actual purchase price is negotiated between you and the dealer.
Amy Doane, PenFed, +1 541.225.6606, [email protected]
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