Page 1

REDEEM FOR $

1 00

WHEN YOU CLOSE A NEW OR USED VEHICLE LOAN! Bring in this coupon to any location or apply online using promo code SEAL812

Special

ber! Happy Mem ed my truck and

nanc nced reat! I refi g is U hen I fina C T . lf a “FC h in The terest rate wer rate. lo n e cut my in v e an ked ehicle at – I just pic y s a another v e o s s ed action wa as approv w n a last trans lo y one and m up the ph ay!” the next d ember FCCU M . J a r b De

All About Autos

FCCU.org Offer not valid for commercial vehicles, motorcycles or recreational vehicles. Incentive will be issued at time of account opening/loan booking. FCCU reserves the right to substitute a gift of similar value. Funds will be deposited into savings account within 10 business days of loan closing. Amount of gift will be forfeited if loan is paid back within 180 days. Cannot be combined with any other offers. Offer valid through September 29, 2012.

Member Name Member #

E

Thursday, August 23, 2012 Copperfield Branch, 6pm

August 2012

Date

RSVP @ FCCU.org or call 281.856.5300

Teller # Promo Code

SEAL812

(Please Print)

FSR: Print information above and forward to the Marketing Dept for credit.

PO Box 840129 • Houston, Texas 77284-0129

A Publication of First Community Credit Union

FIRST VIEW

FRE

Auto Buying 101 Seminar

EDITION

PRSRT FIRST U.S. Postage PAID Permit # Houston, Tx

Car Buying Made with FCCU!

Easy

You’ve made the decision – it’s time to purchase a new vehicle! Now, the process of researching, comparing, and shopping begins. Think First! At FCCU, we and amazing

can help financing

you find great at low, low

deals, rates!

It doesn’t matter if you’re looking for a new or used car –

our rates are the same across the board. In fact, choose 1.99% APR* for 60 months or 72 months - the choice is yours.

Not only does FCCU offer low rates to make your payments more affordable, you’ll also get added perks. Follow our formula easy financing and put more money in your pocket:

Special

EDITION All About Autos

New or Used Autos

1.99 Rates as low as

%

APR*

Get a rate as low as 1.99% APR*! + Up to 72 months financing + Enjoy no payments for 90 days* + 100% financing including tax, title & license + Skip your payment up to 2 times per year+

Easy

Financing

*APR = Annual Percentage Rate. Certain credit criteria applies for lowest rate quoted and up to 90 days no payments. Lowest rate quoted includes all applicable discounts. Other rates/terms available. Rates and terms subject to change. Payment example: 1.99% APR for 72 months = monthly payment of $15.87 per $1,000 borrowed. FCCU refinances not eligible. +Skip A Payment adds $10 to the loan each time the loan is skipped. Certain restrictions apply.

Making a First-Rate financial difference in our members’ lives! Federally insured by NCUA

281.856.5300 • FCCU.org


FCCU’s Auto Buying Service So you’re in the market for a new or used auto. We can help you find the car and negotiate a great deal! In order to level the playing field for the auto buyer, we have partnered with Levelfield Automotive, a service that will find exactly what you want, inspect it, restore it to showroom quality and deliver it to you.

ember! Happy Mch to the FCCU Aurto

Funding is handled by FCCU to simplify the entire auto process. Let FCCU help make your purchase a breeze.

u you so m evelfield Auto) fo “Thank e e of this ervic (L Buying S ything on my sid giving for ver making e ase so easy and drive. h c r ju u to st vehicle p I needed , I love to see g in th y r me eve nical field necessities e mecha th , and in g Bein anliness le ” c , e c n a JOB!!!!! mainten GREAT r. e d r o all in

Click on Auto Buying Service on the homepage of our website FCCU.org.

ber

CU Mem

ro - FC R. Rome

Auto 101

The BIG Rate Debate

2

Amount Financed

8.5% APR

Maximum Monthly Saving

$456.75

$475.74

$79.15

$350.56

$365.40

$380.60

$63.33

$253.78

$262.92

$274.05

$285.45

$47.50

$169.19

$175.28

$182.70

$190.30

$31.66

1.99% APR

2.39% APR

4.24% APR

5.5% APR

7.0% APR

$25,000

$396.59

$401.19

$422.96

$438.20

$20,000

$317.27

$320.95

$338.37

$15,000

$237.95

$240.72

$10,000

$158.64

$160.48

As you begin to contemplate buying a new vehicle, we understand it can be a confusing process. So, we’re answering some of the most common questions when it comes to auto buying! Q: When I purchased my first car I received a higher rate. Can I refinance at FCCU? A: Yes! FCCU has rates as low as 1.99% APR and our highest rate of 12.24% APR can even beat the dealership rates! Q: Is it really necessary to get a Pre-Approval before shopping? A: It’s not required, but is important! A Pre-Approval allows you to go shopping knowing exactly what you are approved for and how much your payments will be. Plus, it can speed up the financing part of the deal. Q: What percent of my income should I budget for a new vehicle? A: The total loan amount for a vehicle should be in the 50% - 75% range of your gross annual income. Monthly payments generally are in the range of 15% - 20% of your gross monthly income. Of course, this could vary depending on credit. Q: Should I purchase Payment Protection? A: Yes! Payment Protection does just that – it protects you in the event of disability or death. Purchasing both Credit Life and Credit Disability gives you peace of mind. Q: 0% vs. Rebate – which is better? A: With 0% you will have to finance a larger amount and there are certain restrictions with this rate, such as shorter terms. Taking the rebate brings the price down and you can finance for up to 60 or 72 months. Use our calculator at FCCU.org to see the difference. Q: What is GAP? A: GAP is Guaranteed Asset Protection. If you have a substantial loss on your new car but owe more than the car is worth,GAP will pay the difference for you. This is great protection to purchase!

Think First!

What are you paying?

Some of our best rates!

Q&A

Shop Smart. Save Big.

3

With rates as low as 1.99% APR* at FCCU, we can help your savings add up fast! See how much you can save by financing or refinancing with FCCU today!

*APR= Annual Percentage Rate. FCCU loans are not eligible for refinance. Certain restrictions and credit criteria applies. Payments and rates based on a 72 month loan. All payments include all applicable discounts.

Making Auto Repairs Affordable! We all know it’s inevitable that at some point you’ll be facing a major repair on your vehicle. Many times these repairs are costly and can put a big dent in our pocketbooks. But they don’t have to if you purchase an Extended Auto Warranty. Whether you decide to purchase an Extended Auto Warranty now or at a later time, it’s great protection to have and eases the pinch on your finances. Life happens – take the pressure off costly auto repairs with an Extended Auto Warranty. Use your smartphone for more details and to apply now.

One Stop Resource Center @ FCCU.org! At FCCU, we have all the resources you need to ensure you can wheel and deal with the best of them while making sure you can comfortably afford your new vehicle. Many great tools are at FCCU.org under the Loan tab and then Auto Loans. Calculators: Car Loan Calculator: Determine your car loan payment based on your purchase price or find out how much you can buy based on your monthly payment budget. Auto Rebate vs. Low Interest Financing: Use this calculator to help you determine whether you should take advantage of low interest financing or a manufacturer rebate.

Auto Exam – Houston’s Largest Pre-Purchase Inspection Company Contact Auto Exam to inspect the vehicle before you purchase it. A pre-purchase used car inspection can help to protect you from unscrupulous dealers and individuals selling vehicles with: Frame Damage, Body Damage, Interior Damage, Paint Work, Mechanical Problems, Electrical Problems, Lack of Maintenance, Leaks, and many other problems. Contact Auto Exam before you get stuck with a bad used car! Call 1.800.709.5792 or click to FCCU.org for more information. AutoSMART: Useful tool for researching values and more! NADA, Blue Book and Black Book are all available. FCCU’s Auto Buying Service: Let us do the work for you! One stop shopping and financing! See article on page 2 for more info. Click to FCCU.org now and begin researching so you will be prepared when you go shopping – the dealers will be impressed with how much you know!


REDEEM FOR $

1 00

WHEN YOU CLOSE A NEW OR USED VEHICLE LOAN! Bring in this coupon to any location or apply online using promo code SEAL812

Special

ber! Happy Mem ed my truck and

nanc nced reat! I refi g is U hen I fina C T . lf a “FC h in The terest rate wer rate. lo n e cut my in v e an ked ehicle at – I just pic y s a another v e o s s ed action wa as approv w n a last trans lo y one and m up the ph ay!” the next d ember FCCU M . J a r b De

All About Autos

FCCU.org Offer not valid for commercial vehicles, motorcycles or recreational vehicles. Incentive will be issued at time of account opening/loan booking. FCCU reserves the right to substitute a gift of similar value. Funds will be deposited into savings account within 10 business days of loan closing. Amount of gift will be forfeited if loan is paid back within 180 days. Cannot be combined with any other offers. Offer valid through September 29, 2012.

Member Name Member #

E

Thursday, August 23, 2012 Copperfield Branch, 6pm

August 2012

Date

RSVP @ FCCU.org or call 281.856.5300

Teller # Promo Code

SEAL812

(Please Print)

FSR: Print information above and forward to the Marketing Dept for credit.

PO Box 840129 • Houston, Texas 77284-0129

A Publication of First Community Credit Union

FIRST VIEW

FRE

Auto Buying 101 Seminar

EDITION

PRSRT FIRST U.S. Postage PAID Permit # Houston, Tx

Car Buying Made with FCCU!

Easy

You’ve made the decision – it’s time to purchase a new vehicle! Now, the process of researching, comparing, and shopping begins. Think First! At FCCU, we and amazing

can help financing

you find great at low, low

deals, rates!

It doesn’t matter if you’re looking for a new or used car –

our rates are the same across the board. In fact, choose 1.99% APR* for 60 months or 72 months - the choice is yours.

Not only does FCCU offer low rates to make your payments more affordable, you’ll also get added perks. Follow our formula easy financing and put more money in your pocket:

Special

EDITION All About Autos

New or Used Autos

1.99 Rates as low as

%

APR*

Get a rate as low as 1.99% APR*! + Up to 72 months financing + Enjoy no payments for 90 days* + 100% financing including tax, title & license + Skip your payment up to 2 times per year+

Easy

Financing

*APR = Annual Percentage Rate. Certain credit criteria applies for lowest rate quoted and up to 90 days no payments. Lowest rate quoted includes all applicable discounts. Other rates/terms available. Rates and terms subject to change. Payment example: 1.99% APR for 72 months = monthly payment of $15.87 per $1,000 borrowed. FCCU refinances not eligible. +Skip A Payment adds $10 to the loan each time the loan is skipped. Certain restrictions apply.

Making a First-Rate financial difference in our members’ lives! Federally insured by NCUA

281.856.5300 • FCCU.org

Special Auto Edition Newsletter  

Special Auto Edition Newsletter