New and Used Auto Loans
LOAN APPLICATION (4,648.44 KB)
Click here for a LOAN APPLICATION you can print, complete and return to the CU. (Requires Acrobat Reader)
We consider an automobile to be NEW and eligible to receive the New Auto interest rate if it is the current model year with less than 6,000 miles or the previous model year with less than 12,000. Our maximum term is 72 months. We MATCH dealer rates when possible for eligible borrowers; and we provide an additional 0.50% discount for "green" cars with at least 35 MPG. We offer monthly, semi-monthly, weekly and bi-weekly payment options on all consumer loans.
We finance USED autos for any model year as long as the vehicle has a National Automobile Dealers Association (NADA) valuation. Depending on the age of the vehicle, we will finance up to sixty months but will always encourage or sometimes require a shorter term so that your auto can be paid for with as little finance charge (interest) as possible while still being an affordable payment. We finance classic vehicles as well as recreational motor homes, motorcycles, scooters and other motorized vehicles.
|Buying a car? See us first and save!|
We want you to get the best car at the best price and with the best financing. Use our resources to ensure that you are buying a reliable car at a fair price. You can apply for a loan even before you shop for a vehicle - we can pre-approve a loan for you so you can compare our interest rates to any other offers you may receive, and know your financing is ready to go when you need it. Members of the credit union can complete a loan application over the phone. You can also pick up our application at the office or here on our website.
Buying or selling a car? We help with more than just loans.
Free valuation of a used vehicle: We subscribe to the National Automobile Dealers Association (NADA) "Blue Book" website; if you provide us the mileage, make/model/year and (ideally) the VIN, too, we can tell you a fair purchase price or trade-in value for a vehicle.
Free access to consumer information on "Used Cars to Avoid" and "Recommended Used Cars": Save yourself grief and money by steering clear of cars that are prone to problems and choosing one with good ratings.
Recommendation on places to evaluate the car BEFORE you buy: Either of two area auto repair businesses can tell you in a brief visit whether the vehicle is likely to need major money put into it for repairs. Having knowledgeable, impartial experts look at a car before you buy can help you choose well and save lots of money and grief.
To take advantage of any of these services, write or call Roxanna Mendoza at 585-461-2230, x10 or .
Our Members make the difference.
Member Since 1982
"I've been a member since the Credit Union was just Dave Knoll with a cardtable in the hallway of the old Genesee Coop on Saturday mornings. I've never been tempted to go anywhere else since that time, even though I now live thirty miles away. I like dealing with nice staff who know my name, who are eager to help, and who are dedicated to financial literacy and empowerment. Plus, it's good to know that my money is being used to invest in people rather than fill the pockets of the wealthiest.
In addition to savings and checking I've turned to the credit union for debit cards, line-of-credit, auto financing, on-line banking, and a home mortgage. I've now financed at least four cars through the credit union, and I've successfully encouraged friends to do the same.
One of my boldest statements ever in the face of raw financial power was when the car dealer required me to sit through a presentation on their financing. My response: "I'm a loyal credit union member, and I'll stick with it even if you offer me zero percent. If I ever get in trouble, the Credit Union will help me work it out, but you guys'll just send the collection agent after me." The guy just gulped and that was that.
And I don't want to forget to mention that as a Credit Union member I get to vote. Real democracy - awesome!
Genesee Co-op Federal Credit Union - it's the best deal in town!"