toy car sitting on a calculator and calendar

What a Car Loan Costs

When you’re shopping for a car loan, remember that what it costs you to borrow depends on three things: The APR is a percentage of the loan principal that you must pay to your credit union, bank, or other lender every year to finance the purchase of your car. This finance charge includes interest and any fees for arranging the …

Major Mechanical Protection (MMP)

The average new car is out of warranty in just 2 ½ years. With advanced electronics and integrated systems, repairing or replacing parts is more expensive than ever. In fact, when you add in labor costs that can reach $125 per hour or more, a single repair can easily cost more than a vehicle protection plan. For less than the …

GAP Advantage with PowerBuy™

On average, the typical new car loses 11% of its value the second you drive it off the lot.* And, if your vehicle is totaled or stolen and not recovered, your standard auto insurance policy may not cover the remaining balance of your auto loan, leaving you with a balance on a vehicle you can no longer drive. A totaled …