Vehicle Loans

GPOFCU Auto Loans

When you need to finance your next new or used car‚ visit your Credit Union first! Our great rates and personal service will make you glad you did.

  • Terms up to 84 months available

  • For new cars‚ 125% financing is available‚ including the price of taxes‚ tags‚ extended warranty and Guaranteed Asset Protection (GAP)

  • For used cars‚ 125% of the retail NADA value plus taxes‚ tags‚ extended warranty and GAP Protection

  • Loans can be pre-approved before you go shopping

  • Disability‚ life, joint life and involuntary unemployment payment protection insurance are available (underwritten by CMFG Life Insurance Company)

  • Guaranteed Asset Protection (GAP) is available to help protect your loan if your vehicle is stolen or totaled in an accident. GAP can help cancel the difference between the primary insurance settlement and what you may still owe on your vehicle loan.

  • Payment can be made through payroll deduction / direct deposit‚ automatic transfer from your GPOFCU account‚ by coupon‚ or through GPOFCU’s Day ‘N’ Night Teller audio response telephone system

 
 

NEW Car Buying Service…..powered by TrueCar

  • Conveniently search for vehicles online - see what others recently paid for the car you want

  • Get guaranteed pricing - enjoy an average savings of $3,402 off MSRP* on new cars and discounts on quality pre-owned inventory from a nationwide network of 14,000+ Certified Dealers

  • Apply online for GPOFCU pre-approved auto loan financing

  • Visit the dealership to complete your purchase

*Between 7/1/18 and 9/30/18, the average savings off MSRP presented by TrueCar Certified Dealers to users of TrueCar powered websites based on users who received in-stock price offers and who TrueCar identified as purchasing a new vehicle of the same make and model as one of the in-stock price offers from a Certified Dealer as of 10/31/18, was $3,402. Your actual savings may vary based on multiple factors including the vehicle you select, region, dealer, and applicable vehicle specific manufacturer incentives which are subject to change. The 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.

GPOFCU protects you before you purchase your car!

We provide a free CARFAX Vehicle History Report to help protect our members from salvage, total loss, structural damage, lemon, and flood vehicles. Visit CARFAX to make your request and a GPOFCU Loan Officer will be happy to provide you with a Vehicle History Report.

AUTO-EXAM/VISION Warranty:

In addition to offering new, used, and refinanced auto loans, we also offer Extended Vehicle Service Contracts through Vision Warranty Corporation for your auto, truck, or van. Get peace of mind and protection against expensive, unexpected automotive repair costs when you purchase an Extended Vehicle Service Contract.

Buy an Extended Vehicle Service Contract for less than the cost at most dealerships and enjoy:

  • Coverage of most major components in the event of a breakdown

  • No-hassle Direct Payment: no reimbursement forms

  • A one-time premium that may be financed along with your vehicle

Put the brakes on expensive car repairs. A factory warranty may not be enough. Most major repairs occur after the manufacturer's warranty expires. Consider adding an extended vehicle service contract to your loan. Coverage obtained through the Credit Union may save you money when compared to dealer plans. 

Available Features Include: 

  • Low deductibles - options of $0, $50, $100 or $200 available

  • Coverage for vehicles up to 11 years old with up to 200,000 miles on the odometer

  • Bumper-to-Bumper Exclusionary Coverage on vehicles up 11 years old and with less than 100,000 miles

  • Toll Free Roadside Assistance 

  • Toll Free Claims phone number 

  • Trip Interruption Coverage 

  • Increased vehicle resale value 

  • Repair work may be performed by a dealership, franchise repair facility, or an independent repair shop 

  • Claims are paid directly via credit card 

  • Service contracts are valid in the U.S. and Canada 

Why purchase an Extended Vehicle Service Contract? 

Did you know that 81% of credit union members who purchase a service contract will have at least one mechanical breakdown? Extended coverage can help you save money if your car ever needs to be repaired and your manufacturer's warranty has expired. In addition, it could help if you re-sell your vehicle. Pre-owned car buyers look more favorable upon a vehicle that comes with coverage. It represents a vehicle that has likely been well maintained by its owner. Should the buyer of the vehicle decline the option to transfer your coverage, you can cancel and apply for a pro-rated refund. 

How do you get an Extended Vehicle Service Contract? 

Contact your credit union loan representative or call Auto Exam toll free at (800) 709-5792 or visit www.autoexam.com for more information on the Vision Warranty Program provided by Auto Exam.