Auto Loans

Titled: Autos, RVs, Motorcycles, Boats, Snowmobiles, ATVs1 5/17/2012
5	Models2	Term (yrs)3	Annual Percentage Rate	Monthly Payment per $1000
Fixed	2007 - New	1 year	1.99%	$84.24
	2007 - New	2 years	2.49%	$42.76
	2007 - New	3 years	2.99%	$29.08
	2008 - New	4 years	3.00%	$22.14
	2009 - New	5 years	3.25%	$18.09
	2009 - New	5.5 years	3.75%	$16.80
	2010 - New	6 years	3.99%	$15.65
	2010- New	6.5 years	5.99%	$15.51
	New Only	7 years4	6.49%	$14.84
1These are our posted rates; your rate could vary according to your credit. All rates quoted reflect AutoPay (automatic payments); rate increases by 0.50% without AutoPay. 2“New” is current model year or one model year old with less than 2500 miles 3Terms could be limited, depending upon your credit. 47 year (84 mos.) New titled collateral, $25,000 minimum loan amount. 5Rate not available for loans already with NEFCU.

Untitled or titled and older than 6 years: Autos, RVs, Motorcycles, Boats, Snowmobiles, ATVs1 5/17/2012
	Term (yrs)	Annual Percentage Rate	Monthly Payment per $1000
Fixed Rate	1 year	2.99%	$84.70
	2 years	3.49%	$43.20
	3 years	3.99%	$29.53
1These are our posted rates; your rate could vary according to your credit. All rates quoted reflect AutoPay (automatic payments); rate increases by 0.50% without AutoPay.

Auto Research


These Auto Research tools are made available to you as self-help tools. We cannot and do not guarantee their accuracy or their applicability to your circumstances.

Research your next car or determine the value of the car you have now!

• See new vehicle MSRP and dealer invoice pricing
• Used car values based on vehicle condition, mileage and location
• Research standard and optional equipment choices
• Side-by-side vehicle comparisons

Calculators

 How long should I keep a car?
 How much should depreciation cost me?
 How much will my monthly payments be?
 Should I finance or pay cash?
 Should I lease or purchase?
 Should I use a home equity loan or an auto loan?
 What car can I afford?
 What term of loan should I choose?
 Which is better: new or used?
 Which vehicle loan is better?

Other Resources

• Car Buying Tips
• Vermont DMV
• Fuel Economy Website
• National Highway Traffic Safety Administration
• Compare Auto Insurance Rates

New Auto Loans

• the vehicle has never been titled other than with dealer
• 100% of purchase price less rebates and incentives will be financed including tax, title,
• registration and warranty (less any rebates)
• maximum term of seven (7) years
• minimum loan amount with seven years is $25,000
• rates quoted on rate sheet assume AutoPay
• collision and comprehensive insurance required
• Credit Life and Disability Insurance available
• GAP protection available

Used Auto Loans

• finance up to 100% of the retail value as quoted in the NADA guide
• minimum loan amount is $2,500
• 2009 - 2011: maximum term of six (6) years
• 2008 - 2011: maximum term of five (5) years
• 2007 - 2011: maximum term of four (4) years
• 2006 - 2011: maximum term of two (2) or three (3) years
• models older than 2005 will be written as a secured loan older than six years
• collision and comprehensive insurance required
• Credit Life and Disability Insurance available
• GAP protection available

Direct Loan Check Delivery

Speed up the loan process with Auto Check! Auto Check gives you a valid loan check for a pre-approved vehicle loan in Vermont.

What is Auto Check?

Auto Check is a valid check good for an amount up to your pre-approved loan amount. You can use the check to purchase a new or used vehicle. With financing in hand, you'll have more negotiating power.

How will Auto Check help me?

• your check is in your hand when you shop, improving your negotiating power (see Car Buying Tips)
• checks are mailed or delivered directly to you (or stop by and pick up your check)
• you get the best rate at the time you make your purchase:
  • if the rates are up the day you buy your car, you'll still get the rate you locked in
  • if the rates are down the day you use your check, we'll give you that lower rate

Call 866-80-LOANS or stop by any branch. The check can be used at car dealerships in Vermont, Massachusetts, New Hampshire and New York within 90 days. For security purposes, you and the dealer must endorse the check. After the check clears, you will receive loan documents to sign and return to us. Auto Check cannot be used for a private sale, for a rebuilt vehicle or to refinance a loan from another institution. In these cases, please call 866-80-LOANS for another solution.