CommonWealth One Federal Credit Union Launches Turbo Charged Auto Loans with Low Auto Loan Rates and Financing

(PRWEB) October 22, 2011

CommonWealth One launched Turbo Charged Auto Loans in October 2011, with an option to allow members to delay their first payment up to 90 days on a new or used car, SUV or truck. For a limited time, members and their families can receive auto loan rates as low as 2.99% APR on vehicles 2006 or newer for up to 72 months. Most banks and dealerships cannot offer members a better auto loan rate, especially on older vehicle models.

With this offer and the coming holiday season, members can take advantage of end-of-year car sales and get into the car they want at a great rate and price. They can use that extra money they save to help with holiday expenses and still purchase the car or truck that they want.

Dealers are pushed to increase sales at the end of the year in order to move inventory and increase their sales volume. New 2012 models have arrived and dealers are willing to negotiate great bargains on current year models. Members can use this to their advantage when negotiating the purchase price of their new car, truck or SUV.

CommonWealth One’s members also have the option to get pre-approved before shopping a dealer’s lot. And they can choose to finance up 100% of the vehicle loan. Financing with CommonWealth One is easy to do and they offer an online auto loan application, plus other auto buying resources, including car loan calculators, credit life and credit disability insurance, guaranteed asset protection and mechanical repair coverage.

To learn more about Turbo Charged Auto Loans from CommonWealth One, please visit https://www.cofcu.org/membership/no_payment_for_90_days/.

About CommonWealth One Federal Credit Union
Since 1944, CommonWealth One Federal Credit Union has grown to become one of Northern Virginia’s top credit unions with over $295 million in assets serving more than 36,000 members. CommonWealth One is a full-service, member-owned, not-for-profit financial cooperative committed to being the lifetime financial institution of its members.

CommonWealth One Federal Credit Union offers Checking Accounts, Mortgages, Home Loans, Auto Loans, Savings Accounts, Money Market accounts, IRAs and more in Washington, DC or Virginia. We have remained true to our philosophy of "people helping people" - providing members with loans, savings plans, and special services to achieve their long-term financial goals and help them enjoy a better way of life. Our excess earnings are returned to our members in the form of higher dividend rates, lower interest rates on loans and low or no fees. For information on our history, upcoming events, and more visit http://www.cofcu.org.

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