Auto Loans - MAPS Leasing (Member Auto Payment Saver)

Member Auto Payment Saver (MAPS™) is a vehicle financing program that offers you a viable option to conventional vehicle financing or leasing. In fact, while similar in concept to leasing, MAPS™ overcomes many of the disadvantages of typical leasing programs. And it offers monthly payments that are considerably lower than conventional financing. Some members prefer MAPS™ because it allows them to buy a new vehicle every two or three years. Others prefer MAPS™ because it allows them to upgrade to a vehicle they would not normally be able to afford.

How MAPS™ Works...
All current year and previous three-year model cars, vans and light trucks qualify for the MAPS™ financing program. New, current model year, untitled vehicles - including dealer demos with up to 7,500 miles - can be financed for 24 to 60 months. One-year-old vehicles can be financed for 24 to 48 months, two-year-old vehicles can be financed for 24 to 36 months, and three-year-old vehicles can be financed for 24 months. Based on the term of your loan (number of years financed), a residual value is established using industry approved guidelines, similar to leasing. The difference between what you pay for the vehicle and the residual value is used to determine your monthly principal payment. At the end of your loan, you have the option to do one of the following:

Sell the vehicle, pay the residual value and keep the difference, Use the vehicle as a trade-in, paying residual value as part of the transaction, Refinance the residual value as a used vehicle loan, or Return the vehicle to the credit union*. *If you elect to return the vehicle, your only obligation is: Pay $.08/mile in excess of an average of 18,000 per year (12,000 and 15,000 mile per year options are available), Make sure that all original equipment is with the vehicle, and Make sure that any damage covered by your auto insurance is repaired.

Put MAPS™ To Work For You...
This unique vehicle financing program offers you many benefits, such as:

Lower Monthly Payment Ability To Upgrade The Kind Of Vehicle You Drive Ownership Of The Vehicle No Capitalization Fees No Application Fee No Security Deposit No First Or Last Payment Greater Flexibility:   Sell/Trade Finance Residual Value As Used Vehicle Loan Return To The Credit Union No Return Fee* No Excess "Wear And Tear" Penalties No Early Payoff Penalty Up To 18,000 Miles Per Year Allowed*

Compare For Yourself...
When you are ready to buy your next car, van or light truck, be sure to call or visit the credit union first to discuss how MAPS™ can offer you a lower monthly payment. We will provide you with the information you need so you can make a decision that is in your best interest. MAPS Worksheet

Check Out MAPS™ Today - It Could Put You Behind The Wheel Of Your Dream Machine Tomorrow!

P.S. - If you have a family member or know a co-worker who is currently not a member of the credit union, but might benefit from this program, have them call or visit the credit union. Once they join, they can take advantage of the MAPS™ vehicle financing program.