How could 130% financing help you with your next car purchase?

When purchasing a car, you want the process to go as smoothly as possible. It’s stressful enough trying to pick the right car, so it’s important to have your finances set before you sign your name on the line. When you make a car purchase, you’re offered lots of special upgrades and add-ons when you’re making the final decision. But how do you make sure you have the funds available to choose the options you want?  

What Could You do With 130% Financing?

July 7, 2016

How could 130% financing help you with your next car purchase?

When purchasing a car, you want the process to go as smoothly as possible. It’s stressful enough trying to pick the right car, so it’s important to have your finances set before you sign your name on the line. When you make a car purchase, you’re offered lots of special upgrades and add-ons when you’re making the final decision. But how do you make sure you have the funds available to choose the options you want?

An option we now offer at Redstone is 130% financing for your next auto purchase! This means you will have the funds available to cover the extra costs that may pop up when you finalize the purchase of your next vehicle. Or when you go to trade in a vehicle, you may find yourself in the negative or upside down—owing more on your car loan than your old car is currently worth. That’s when 130% financing can come in handy.

You can use the extra amount to cover:

 Add-ons at point of purchase, such as an extended warranty

 Negative equity from a trade-in

 Service packages for oil changes, tire rotations, and more

 GAP insurance to pay the gap between the vehicle’s value & the amount you still owe in case your vehicle is stolen or totaled in an accident

 Upgrades like new paint, interior, or sound system

Whether you’re wanting to invest in a service package or need to cover the negative equity from a trade-in, 130% financing can help you have the funds you need for the options you want. Plus, you’ll receive a great rate and have various term options. Stop by your favorite Redstone branch today to learn more about 130% financing.

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Equal Housing LenderThis credit union is federally insured by the National Credit Union Administration.

Redstone is an Equal Credit Opportunity Lender.

This content is provided for informational and educational purposes only and considered accurate as of the date posted. Views and opinions expressed in comments do not constitute an official endorsement by Redstone Federal Credit Union® or its affiliates. Redstone encourages you to seek professional advice for your personal situation before making any financial decision and is happy to assist you at any of our branch locations.

Must be RFCU® member to obtain or use any product or service. Must open a share savings account to join RFCU. A $5 minimum balance is required to open a share savings account and must be maintained in the share savings account at all times. Age and other restrictions may apply.

Must be an RFCU® member to obtain a loan. All loans subject to credit approval. Rates, terms, and conditions are subject to change without notice. Other restrictions may apply. APRs are determined by an evaluation of applicant credit at account opening. Your APR may be different. Fixed APRs are fixed for the life of the loan.

Insurance products are offered through third-party insurance companies, are not Redstone Federal Credit Union products, and are not NCUA or federally insured. These products are not obligations of Redstone Federal Credit Union and are not endorsed, recommended, or guaranteed by RFCU or any government agency. RFCU does not warrant, guarantee, or insure any service or product offered by any third-party insurance company or Redstone Insurance Services. RFCU and Redstone Insurance Services are affiliated, but RFCU, Redstone Insurance Services, and third-party insurance companies are separate entities.