Minimize Your Monthly Payment

With the Payment Saver Auto Loan (also known as Lease-Like Auto Loan) from The Atlantic Federal Credit Union, you can lock in a lower monthly payment than a traditional auto loan with the flexibility of vehicle ownership. Think of a lease without the mileage restrictions and without the fees!*

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Consider the following example of a BMW 3 Series with an MSRP of $56,600:

It's that easy to drive the vehicle of your dreams today at a lower monthly payment! At the end of the term of the Payment Saver Loan, you have the flexibility to refinance (subject to approval), trade-in or pay off the residual value of the vehicle. 

Features:

• Monthly payments comparable to a lease, without the mileage restrictions or lease fees
• You own the vehicle, so the title is in your name
• Available for new vehicles with less than 7,500 miles
• Loan amount based on the purchase price less the residual value of the vehicle
• Terms up to 5 years
• Flexibility to trade-in, refinance (subject to approval) or pay off the residual value at the end of the loan term
• Get a pre-approval valid for 45 days for more bargaining leverage at the dealer
• Optional protection for your vehicle and to ensure your ability to pay the loan:
  • GAP Coverage - Check out this quick video for more information on GAP Coverage and how it may benefit you.
  • Mechanical Repair - To get more details about Mechanical Breakdown Protection, watch this informative clip. 
  • Debt Protection Plan - Not sure if Debt Protection is right for you? View this short video to learn why it could be.

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