Take the Dealer Rebate and Finance with PFFCU
Many dealers offer a choice between a reduced interest rate auto loan or a cash back rebate on the price of the vehicle. But, they don’t tell you that the reduced interest rate is not available to everyone, is often only available for short-term loans resulting in a high monthly payment, that not all vehicle makes and models qualify for the reduced rate, and that a large down payment is required.

We've Done the Math.
See how your PFFCU AutoDraft, combined with the dealer rebate, saves you money.

*Rates effective as of February 13, 2012, reflect a ¼% discount for automatic payment from a PFFCU account and are subject to change without notice. The above examples are for illustration purposes, only. Your individual results may differ.

If you're considering a new car purchase, beware of a common sales strategy some dealers use. They immediately offer you financing at a very low rate to make you think you are getting a good deal. To compensate for the low financing, the dealer may not give you the lowest sales price for the car. PFFCU offers you a better car buying plan that can save you thousands of dollars. It's as easy as 1, 2, 3!

1. Get a PFFCU AutoDraft
Contact PFFCU to get your AutoDraft* before you go to the dealer. An AutoDraft is an auto loan you receive in the form of a check to buy a car up to your approved loan amount. Use your AutoDraft just as you would a personal check to purchase your car. With an AutoDraft, there are no hidden fees, so you know exactly what your loan costs. When you finance with PFFCU, you'll get exceptional service, a low rate, and a 10-minute application process.

2. Know the invoice price before visiting the dealer.
Find out the vehicle's invoice price with our free Auto Pricing Service. Take this information with you to the dealership. Let the dealer know you are aware of the vehicle's invoice price and that you already have financing in hand.

3. Negotiate the best price for the vehicle.
With a PFFCU AutoDraft, there is no need to discuss financing through the dealership. Your AutoDraft gives you the bargaining advantages of a cash buyer, so you can keep the conversation on the true invoice price and negotiate the best deal.

*Rates reflect a ¼% discount for automatic payment from a PFFCU account. Minimum loan amount for auto loans with terms of 66 months or greater is $10,000. Minimum loan amount for 84 month new auto loans is $15,000. Minimum loan amount for all other auto loans is $7,500. The AutoDraft can only be used to purchase or buyout a lease on an automobile (examples of vehicles that cannot be purchased using an AutoDraft are a motorcycle, mobile home, trailer, RV, boat, snowmobile, jet ski, off road vehicle, commercial vehicle, or any other untitled vehicle). The vehicle must be purchased from a business entity licensed to sell automobiles. PFFCU will only finance autos that have mileage of 105,000 or less. The maximum age of any auto to be financed is 7 years or less than the current calendar year (For example, in 2012 the oldest auto to finance is a model from 2005). AutoDraft can only be used to purchase a new car in PA, NJ, DE, MD, FL and NY or a used car from a licensed dealership in PA, NJ or DE.