A credit union is just like a bank except it's typically a non-profit. The characteristic is that the "customers" have some kind of affilation (i.e. work for the same company, geographic, church, civic organization).

I worked for a Fortune 50 company with a credit union many years ago. I kept my account open just for this purpose.

 

for all you payment buyers out there (like me) who want the 8 but really CAN'T afford it unless the payment is smaller than it should be...

I found 5.49 for 84 months. I know, I know... TOO LONG to run the note, but it makes the 8 affordable for me and I really WANT it. Even still, it will double my car payment.

I'm buying the 8 at noon tomorrow. :D

The same credit union (PSECU) was 4.99 for 60 months. I DON'T have a 700+ credit score, and I'm really over extended. So I was really happy with their terms.

soon to be an 8 owner...

S-plan price, MT with 1GT package, $1500 down = $414 / month

 

Is there any point in trying to convince you not to do it?

Poor Credit Score + Over-extended + 1 misstep = Bankruptcy

 

3.49% through Mazda (Bank of America). I got this low rate because I was putting 50% down on the car.

Good luck!

Kurt G.

 

Correct. Just about anybody can join a credit union nowdays.

My girlfriend just bought a new 4 Runner, and went through BECU (Boeing Employees Credit Union).

Am I/she a Boeing employee you ask? Nope.

You know what it took to be eligible to join the CU?

Opening a savings account with a mininum deposit of $25.

 

I just got 3.69% for 60 months from my dealer's bank. They said I qualified for that rate because of my credit history- very pleased!

04 Tit gray, AT, touring, spoiler