 VEHICLE LOANS
We have a well-trained loan team of lending professionals to assist members in choosing the best loan to meet their individual needs. We pride ourselves on providing simple application methods, quick loan processing, low-cost financing, easy repayment terms, and a friendly, knowledgeable staff.
  
Vehicle Loans
 If you've been thinking about a new or used vehicle, come to your credit union first. Along with competitive rates, you'll enjoy flexible terms up to 84 months, up to 110% financing, FREE pre-approvals, no pre-payment and no application fees.
At times, the small print in all of the "special offers" gets confusing. We will be happy to help you sort through your options. With DACU's fantastic vehicle loan rates, we like to boast that the majority of the time, if you take the manufacturer and/or dealer rebate, and then finance your loan through us, you can save hundred's over the life of your vehicle loan. This is easier to demonstrate through the following example:
Because, Day Air's auto loan program is one of the best, by taking the dealers rebate and financing with us, you'll come out ahead. Let's compare a $20,000 vehicle loan:
| Other financing opportunity |
Day Air's Opportunity |
| $20,000 |
$20,000 |
| 0% |
-$2,500 dealer rebate at 4.24%
(take advantage of a rebate and Day Air's financing) |
| 48 month term |
48 month term |
| $20,000 @ 0% for 48 months = $417/month |
$18,000 @ 4.24% for 48 months = $397/month |
Save $960 over the term of this auto loan with Day Air!
($417 - $397 = $20 x 48 months) |
| Auto Loan Financing Example Disclosure: Upon approved credit - based on credit qualifications. Your rate and term may vary according to your credit history. APR = Annual Percentage Rate. Quoted rate is based on fixed rates with automatic payment - add 1/4% for cash payment. Day Air refinances do not apply. Day Air Credit Union does not guarentee to beat current auto loan rates/payments. The table shows an example only based on offers found from various manufacturers and dealers. Actual pricing and rebates will vary. Contact a loan officer for more details! |
 Of course, each situation is different; there is no "cookie cutter" answer. This is why our professional and friendly loan officers help our members understand which option will be better for them on an individual basis. Another perk of a Day Air vehicle loan is "No pre-payment penalties." Most, if not all, of the special offers are for a specified amount of time and if you pay-off your loan early (which includes trading in your vehicle and getting a new one for the term of your loan), there is an associated penalty fee. We want to help our members and if you can payoff a loan early or trade it in for another vehicle, that's fine by us - we do not have pre-payment penalties. Many payment options are available including the convenient payroll deduction option.
- New - Day Air new vehicle loan rates are currently being applied to 2007-2009 vehicles. We offer both fixed and variable rates and we price our loans to be very competitive in our market.
- Used - Our used car rates are also very competitive to the market. Depending on the loan amount, Day Air offers terms for used cars that are typically unheard of by other lenders.
- Local auto dealer partnerships - To take another step in the right direction for your convenience, we have partnered with several local auto dealers to provide you with the convenience of closing your auto loan right at the dealership! Financing your auto loan with Day Air will not only save you money, but will also save you time with the ability to sign all necessary paperwork at the dealership.
Currently our partnerships include over 40
dealerships! These dealers include:Interstate - Ford, Langs - Chevrolet, Dave Dennis - Chrysler, Jeep, Eagle, and Matt Castrucci's Inc, Hidy - Honda, Voss - Suzuki and many more.
Refinancing from another lender
Not looking to purchase or lease a new vehicle right now but you have a vehicle that's financed elsewhere? Give us the opportunity to earn your business and let us see if we can lower your monthly payment - what is there to lose?
If you do decide to refinance your vehicle with us, rest assured there a no hassle approach. Basically, you'll just need to sign the loan papers! We'll take care of paying off the old loan and transferring the title to Day Air.
If you don't decide to refinance, we only ask you to think of us first the next time you're ready for a vehicle loan.
Boats, RVs, and Jet Skis - When it comes to enjoying the good life with a boat, RV, or jet skis, remember we can handle all your lending needs. We offer competitive rates and term financing for life's fun extras. Our friendly, helpful, and knowledgeable staff can assist you in finding the loan best suited to your individual needs.
Motorcycles - With approved credit, loans are made available for up to 100% of the retail value of the motorcycle. Terms are available up to 60 months making repayment affordable and easy. As with all loans, we offer a variety of repayment options for your convenience.
Auto Loan Plus - This is a vehicle loan with a savings component added on. A lot of times the only savings people have is their 401K. This loan/savings product is based on the same theory - out of site, out of mind savings. You tell us how much you would like to add to your payment and we put that extra money in a high interest certificate of deposit.
Mobile Used Car Inspections - Because we believe it is so important that you know what you are purchasing, we've partnered with Mobile Used Car Inspections, a company that will actually come to you to inspect the used vehicle beforeyou make a purchase. Click here to learn more about these thorough inspections!
Additionally, you will receive a 10% coupon! Print this coupon now. |
Phone: 1-888-329-2472 Privacy Policy 
Disclosures
Web Design by Avtec Media
