FMCU - Do You Know The Real Cost Of 0% Financing?

Do You Know The Real Cost Of 0% Financing?

Many auto manufacturers offer special incentives to get you to purchase one of their vehicles. You could choose zero percent financing from the dealer, or you could finance your loan through First Missouri Credit Union to take advantage of the dealer’s cash-back rebate.

Here’s an example of how our financing can save you money:

 
Automaker
FMCU
Sales Price
$20,000
$20,000
Rebate
$0
$3,000
Purchase Price
$20,000
$17,000
APR*
0%
2.59%
Term
48 Months
48 Months
Total Cost
$20,000
$17,914.16
Monthly Payment
$416.67
$373.21
Total Savings
$2,08584

The choice is clear. Your best financing option is almost always to take the automaker’s rebate and credit union financing. You can cut your monthly payments and save hundreds over the term of your loan.

If you’re considering a new vehicle purchase, please watch our educational staff video below.

The Real Cost Of 0% Financing

*APR=Annual Percentage Rate. Rates and terms are based on member creditworthiness and other factors. This chart is for illustration purposes only. Contact FMCU for complete details.

© 2024 First Missouri Credit Union
NMLS# 464105
Routing Number: 281081013


Website design by The Accel Group and jWeb Media.
For questions about this website, please contact the webmaster.

If you are using a screen reader and are having problems using this website,
please call (314) 544-5050 for assistance.

--%>