Car Loan Rate Calculator

New/Used/Refinanced AUTO LOANS Rates as low as: 3.9 % APR* 410-487-SECU • 1-800-TRY-SECU • www.secumd.org • August/Sept. 2003 (See details at right) Our 3.9% APR financing can beat dealers’ 0% APR! Take the rebate and save with a SECU loan! If you’re offered the choice of a manufacturer’s rebate or dealers’ 0% financing, subtract the rebate amount from the car’s price. Financing the lower amount with a low rate loan from SECU could cost significantly less than paying the full invoice amount with dealers’ 0% financing (see chart below). Other reasons why you’re likely to get your best deal at SECU: • SECU’s low rates are for new, used and refinanced auto loans. Dealers’ 0% financing is offered for limited makes and models of new cars only. • SECU offers you a choice of terms, up to 72 months for new auto loans and up to 60 months for most used auto loans. Dealers’ 0% financing may be limited to a shorter term (36 or 48 months), meaning higher monthly payments! (continued on page 2) In this issue: • • • • Hit the road for less Ford car sale in September New Bill Pay sweepstakes Changes to SECU’s phone options • Affordable insurance plans • Read-to-Win crossword puzzle Save $25 per month, $300 per year, and $1,200 over the life of your loan on a $25,000 vehicle financed for 48 months:* SECU’s 3.9% APR* Dealers’ 0% APR * financing financing Vehicle Purchase Price Dealership Rebate Final Loan Amount 48 Monthly Loan Payments of $25,000 -$3,000 $22,000 $25,000 $0 $25,000 $496 $521 *APR = Annual Percentage Rate. 100% financing available. New/used/refinanced auto loan rate example: 48-month loan at 3.9% APR = $22.51 per month per $1,000 financed. Other terms available; call for details. Used/refinanced car terms based on the vehicle’s model year and amount financed. The rate for new/used/refinanced auto loans is determined by terms, application and credit history. Auto loan rate reflects Direct Loan Payment rate reduction. Your actual rate may be higher. Rate effective 7/28/03 and is subject to change without notice. Buy your next Ford at our September Car Sale Ford fans, take note! SECU and Apple Ford are hosting a 2-Day Auto Sale on September 12 and 12 13 September 13 . This car sale for SECU members will be held at Apple Ford’s showroom at 8800 Stanford Blvd., Columbia, MD 21045, right off Snowden River Parkway: • On Friday, September 12, from 10:00 a.m. to 9:00 p.m. • On Saturday, September 13, from 11:00 a.m. to 7:00 p.m. Apple Ford sells both new and used Fords and welcomes tradeins. Plus, when you purchase your car with a SECU loan during the sale, you’ll receive three free oil changes, courtesy of Apple Ford. SECU loan officers will be on site to help you. Or, for a quicker visit on sale day, get pre-approved by SECU before the sale: call our Loan Center at 410-487-7290. Our 3.9% APR financing (continued from page 1) Don’t forget our free online calculators! Our auto loan calculators will help you find the answers to questions like these: whether to buy a new or used car, what term you should choose and what vehicle you can afford. See for yourself on our Web site, www.secumd.org. Go to the “Rates & Calculators” button. Drive home your best deal with a SECU loan. Call 410-487-SECU or 1-800-TRY-SECU, or visit us online at www.secumd.org. Go to the “Loans & Credit Cards” button on our home page, then “Loans” and “Auto” Apply online any time and . get an answer in less than a minute! • If you’re a homeowner, our TAX MAX loan lets you purchase or refinance a vehicle and enjoy tax savings, too. Interest is generally taxdeductible (consult your tax advisor). Ask for details. Hit the road for less, with SECU! SECU offers more than great rates. Buy your next car more quickly and easily with these convenient member services: Apply for SECU financing without visiting a branch • Apply online anytime. Get an answer in 60 seconds or less! • Apply by phone 24 hours a day: 410-487-SECU or 1-800-TRY-SECU • Apply by fax. Send your completed application to our Loan Center at 410-487-7411. • Apply for your SECU loan at any dealership participating in the Credit Union Auto Loan Network. For the list of nearly 200 CUALN dealers, go to the home page of our Web site, www.secumd.org. See the “News & Resources” button for the “Service Partners” link. Low new or used auto loan rates (even for refinancing) • With our Direct Loan Payment option, you could have a rate as low as 3.9% APR*; see page 1 for details. Our used auto and refinanced loan rates are as low as our new car loan rates! See how much lower your current car loan payments could be with today’s low rates. Board of Directors John D. Kenney, Chairman; Donald Tynes, Sr., Vice Chairman; Mark A. Reger, Treasurer; Janet Q. Bacon, Secretary Directors: Dr. John W. Dorsey, Ellen C. Gardner, John G. Luber, Gayle M. Seward; Directors Emeritus: Major Melvin W. Fisher, M. Lorraine Hebrank and Henry A. Heinmuller, Jr. Cut down on mail with electronic statements Now you can view your SECU statements on your computer! If you’re an Online Banking user, sign up for electronic statements (eStatements). View each month’s statement as soon as it’s posted – we’ll send you a message telling you your statement’s ready. There’s no monthly fee for eStatements; however, you must be enrolled in eSECU Online Banking first. If you haven’t signed up yet for Online Banking, enroll for free now through September 30, 2003. For more information, call SECU: 410-487-SECU or 1-800-TRY-SECU Live like a movie star in Hollywood! Enter to win our new eSECU Bill Pay sweepstakes Picture yourself and a friend strolling along Rodeo Drive with $1,000 cash to spend. After a VIP tour of Universal Studios® and a day of pampering at a Beverly Hills spa, you’re treated to dinner at a trendy L.A. restaurant, plus tickets to an exclusive movie premiere. Win a chance to live like a movie star in an exciting new eSECU Bill Pay promotion! To enter the “Hollywinner” online sweepstakes, you must be an eSECU Bill Pay user. Log on and submit an entry online between September 1 and September 30, 2003. You’ll receive an additional entry for each bill paid (up to three bills) during the month of September, for a total of up to 4 sweepstakes entries. One lucky winner will win a fabulous trip to Hollywood, California! Read all about it on the “Current Promotions” page of our Web site, under “News & Resources.” Not enrolled in Bill Pay yet? Enjoy the convenience of automatically paying bills from your SECU Checking account for just $5.95 per month, with our optional Bill Pay service. The monthly fee includes up to ten Bill Pay transactions; additional transactions cost just 35¢ each. Sign up for Bill Pay after you’re logged on to eSECU Online Banking. Free enrollment for Online Banking through Sept. 30! With eSECU Online Banking, access your SECU accounts anytime, anywhere using your personal computer and Internet access. Now through September 30, 2003, we’re waiving the one-time $4.95 eSECU enrollment fee. And there’s no monthly fee! View account balances, transfer funds, verify your Visa® balances and more. To find out more about eSECU Online Banking, visit www.secumd.org. Go first to the “Online Banking” button, then click on “About eSECU”. Or call 410-487-SECU or 1-800-TRY-SECU. Get a great purchase price without haggling We offer two price protection options, free for SECU members: • The Motor Vehicle Certification Program (MVCP) provides prenegotiated pricing for vehicles at selected dealers plus the trade-in value for the car you currently own. Just call 410-522-5000 or 1-800-3450990 to speak to a MVCP Consumer Advisor. • United Buying Service (UBS) dealers offer discounts on most domestic and foreign cars and trucks. For information on manufacturer rebates and dealer incentive money, see the link on the Auto Loans page of our Web site, call 410-792-9070 or 301-657-1920, or visit a SECU branch to look at the UBS Official Price Book. FYI from SECU Changes to SECU’s phone system coming in August After mid-August, when you call 410487-SECU or 1-800-TRY-SECU, please listen carefully for changes to our phone options. Our new options will make it easier for you to reach the department you need. Expressline, our 24-hour telephone account access service, will not change. Check out the history of a used car • Avoid making a potentially costly mistake when buying a used car. Order CARFAX Vehicle History Reports to identify cars with hidden problems. To learn more, see the CARFAX link on our Web site, under “Auto Loans.” SECU members pay a discounted fee for this service: $17.00 for unlimited reports or $12.95 for a single report. Holiday Schedule All SECU branches and offices will be closed on: • Monday, September 1, 2003 (Labor Day), and • Monday, October 13, 2003 (Columbus Day). ATM daily withdrawal limit is now $500 Now you can withdraw up to $500 total, per day, from your SECU accounts! For a complete list of our convenient ATMs, visit a branch, call SECU for a brochure or visit our Web site, www.secumd.org. Visit SECU on the Internet, 24 hours a day: http://www.secumd.org SECUrity Financial Group Affordable insurance plans SECUrity Financial Group offers you, your family and household members insurance options at budget-pleasing prices. Ask for more information about: existing medical conditions such as high-blood pressure still qualify. • Mechanical Breakdown Insurance: Purchase our extended vehicle warranty even after you buy your car. • Disability and Critical Illness Insurance from the Family Security Plan: two valuable programs from one convenient source • Other insurance products including Accidental Death and Dismemberment Insurance, Mortgage Life Insurance and more For more information, call 410-4877900 or 1-800-813-5780. Or look for the link on our Web site. SECUrity Financial Group is a wholly-owned subsidiary of SECU. Contact SECU SECU Line Call one of the phone numbers below and select option 8 for our Call Center, Monday – Friday, 8:00 a.m. to 7:00 p.m. and Saturday, from 9:00 a.m. to 1:00 p.m. Baltimore area: 410-487-SECU (7328) Toll-free, other areas: 1-800-TRY-SECU (1-800-879-7328) 24-hour Expressline: press “1” Expressline-only (Baltimore) 410-487-7930 Toll-free Expressline-only: 1-888-643-9777 TDD (Baltimore area): 410-487-7905 Toll-free TDD, other areas: 1-888-833-7328 • Nationwide Auto and Homeowners Insurance: You’re entitled to a discount of up to 10%! Call 1-877-425-2886 for details and mention that you’re a SECU member. • Dental Insurance from The Dental Network: Our dental program includes household members, too! Call 410-847-9060 or 1-888-833-8464 to learn more. • Whole Life Insurance: No physicals needed – just answer a few questions to see if you’re eligible. Many people with pre- Win $50 in our “Read to Win” drawing! Any SECU member who completes this crossword puzzle and mails it to SECU by Sept. 19, 2003, will be entered into a drawing to win a $50 deposit to his or her Share Savings account! Mail your completed puzzle with your name, Member Number and daytime phone number to: “Read To Win Drawing,” P.O. Box 2337, Baltimore, MD 21203-2337. One winner per month; see our Web site or call SECU for complete drawing rules. Please do not include deposits or forms with your entry. 1 5 8 10 13 15 19 16 11 12 14 17 18 9 2 3 4 6 7 On the Internet http://www.secumd.org SECU Credit Union of Md., Inc. 971 Corporate Boulevard Linthicum, MD 21090-2337 ACROSS 1. Take the _______ and save with a SECU auto loan! 5. Animal used for pulling heavy loads 6. Left field (abbrev.) 8. SECU offers new, used and refinanced auto loans with rates as low as 3.9% ___. 10. Education (abbrev.) 12. SECUrity Financial Group offers Mortgage ___ Insurance and more. 13. Operating room (abbrev.) 14. A suffix meaning “made of,” as in gold__ 15. Enjoy the convenience __ automatically paying bills with our Bill Pay service. 17. __ to the Auto Loans page of our Web site for a link to the CARFAX service. 19. SECU is changing some phone _______. DOWN One “Hollywinner” will visit _____ Drive. Former, as in spouse Come to the _____ Ford car sale! Elevated (abbrev.), as in railway Enroll in Online Banking for ____, through September 30. 9. _____ Starr, drummer for the Beatles 11. Allow something to fall 16. Full time (abbrev.) 18. Log __ to our Web site for today’s rates! 1. 2. 3. 4. 7. Your Savings Federally Insured to $100,000 NCUA National Credit Union Administration A U.S. Government Agency Please print: Name ________________________________________________________________________ Member No.______________________ Daytime Phone No. (_________)______________________________