Discounted auto loan rates available to members for a limited time only at CommonWealth One Federal Credit Union

CommonWealth One members can now get a vehicle loan that’s even lower than the credit union’s usual ultra-low auto loan rates. The reduced rate special loan offer is only available until Nov. 30.

“This auto loan special will push rates to their lowest in decades, so members will see big savings when they buy a new or used vehicle,” said James Lee, CommonWealth One’s Chief Lending Officer. The special loan offer applies to used cars as well as new. “Automakers have introduced new models this fall featuring advanced technology that makes them safer and more fun to drive. These reduced loan rates come at just the right time.” He added.

Members who buy their vehicle through TrueCar®, a high-powered car buying service, will have access to these special rates through an easy, 4-step car-buying process:
1. Visit cofcu.org/membershowroom and click the Auto Buying Service link to compare vehicle features. 2. Locate your dealer and print your Price Protection Certificate. (You’re never obligated to buy.)
3. Get your loan pre-approved from CommonWealth One before you visit the dealership.
4. Bring your Price Protection Certificate and Loan Pre-Approval to the dealership to buy your vehicle.
TrueCar claims that buyers who purchased a vehicle from one of its 9,000+ Certified Dealers saved an average of $3,221 off manufacturer’s suggested retail price.

“CommonWealth One has always been a leader in vehicle loans, and now, these special auto loan rates give members even more reason to turn to CommonWealth One,” said Lee. Other features of CommonWealth One’s vehicle loan program include financing up to 125% of value; loan terms up to 84 months; complimentary paintless dent protection, tire and wheel protection; loan loyalty rewards; a Skip-A-Payment program; and available GAP Insurance.
 
About CommonWealth One Federal Credit Union
Since 1944, CommonWealth One Federal Credit Union, headquartered in Alexandria, VA, has grown to become one of Washington, D.C. and Northern Virginia’s top credit unions with more than $324 million in assets serving more than 29,000 members. CommonWealth One is a full-service, member-owned, not-for-profit financial cooperative committed to being its members lifetime financial partner. CommonWealth One has branches in Washington, D.C., Alexandria, VA, and Harrisonburg, VA (including at James Madison University). Members can access their accounts through Online Banking, Mobile and Text Banking, plus a network of over 55,000 ATMs and 6,900 shared branches.
 

Contact Information

Ashley Baldeon

Marketing Manager

CommonWealth One FCU

Contact via E-mail