LA Financial Helps Los Angeles Residents Get into their Dream Car
With auto loan rates as low as 3.00% APR, LA Financial Credit Union has made a name for itself as the financial institution with some of the best interest rates in Los Angeles, California. In fact, LA Financial won the “DataTrac Great Rate Award” because their auto loan rates beat 28 percent* of the market. Whatever your needs are, LA Financial can provide you an auto loan with a competitive rate.
Benefits of Financing an Auto Purchase with LA Financial
Great interest rates are just one reason of many that make financing a car through LA Financial a smart move. This credit union provides members vehicle buying services that take the hassle out of car shopping and has also been recognized as a valuable community credit union with awards.
DataTrac Great Rate Award
LA Financial has great rates and can prove it; they were just awarded the Datatrac Great Rate Award, certifying that during this past year, their auto loans outperformed the market rates of other financial institutions in the Los Angeles area as much as 80 percent of the time. Find out how much money you could save.
Datatrac Great Rate Awards certify that the interest rate on a financial institution’s deposit or lending product has outperformed their local market average during a quarterly or annual period. Datatrac monitors deposit and lending rates for over 90,000 financial institutions nationwide.
AutoExpert
AutoExpert is LA Financial’s free auto locating and buying service that saves credit union members time, money and hassle. An advisor can help you locate the exact car that you want. Plus, using “volume discount pricing,” AutoExpert can save you hundreds, even thousands of dollars off the normal retail purchase price. Best of all, the car is delivered to LA Financial Credit Union, in many cases in just three working days.
Additionally, LA Financial has extended the $123 rebate offer on all auto, truck and motorcycle loans. Check out the savings, then add the $123** rebate for another reason to finance with LA Financial.
About LAFCU
LA Financial received its federal charter in 1937, but wasn’t known as LA Financial Federal Credit Union until 2003, when the name was changed to better reflect the credit union’s diverse and growing membership, as well as its expanding services. Today, the credit union continues to deliver excellence in member service through fiscal responsibility, convenience, operating efficiency and ethical business practices.
Who Can Join?
Credit Union membership is available to anyone who lives, works, worships, volunteers or attends school in, or businesses or other legal entities in Los Angeles County, California.
Apply for an auto loan today and experience all the great advantages that members of LA Financial currently enjoy.
*Based upon the average rate for 96 institutions monitored by Datatrac for a 48 month new car loan in the Los Angeles area as of 5/23/11.
**To qualify for the 1-2-3 promotion, member must be pre-approved before visiting any dealership and loan must be funded directly with LA Financial Credit Union. Pre-approval cannot be used to refinance existing LA Financial / HCCU loans. If loan is repaid prior to six months, the $123 rebate will be reversed.
Based on 100% of purchase price plus tax and license on dealer purchase. Private party purchase requires DMV paperwork and 100% retail Kelley Blue Book price. Available on approved credit. Must qualify for loan under LA Financial CU guidelines, including age and value of auto. Annual Percentage Rate (APR) may vary according to length of term, age of vehicle and your credit worthiness. As low as 3.00% APR for up to 60 months on new or used autos, light trucks, and motorcycles includes 0.25% reduction for automatic payment and 0.25% reduction for Direct Deposit/Payroll Deduction. Representative monthly payment for each $1,000 borrowed at 3.00% for 60 months = $17.97 APR or %22.13 for 48 months. LA Financial Credit Union is an Equal Opportunity Lender.
