Auto Choice
Get More Car
for Less with AutoChoice
New! Get an Instant Quote Online
If you are a low-mileage driver, or you want to drive a more expensive car for only a few years, or you want a lower monthly payment, the AutoChoice loan may be your best financing option.
New! We can help you find an auto loan that meets your needs with our CarBuilder Program. CarBuilder gives you the ability to build your vehicle of choice online, then instantly comparethe cost of a conventional loan with the cost of an AutoChoice loan. Click on the Driving Sense - Auto Choice Loans link at the left to get started.
How is AutoChoice different from a conventional vehicle loan? The contract to pay a monthly amount is calculated partly on the difference between the sales price and residual value of the car (the estimated worth at lease end). Payments are less than conventional financing (up to 30%) since you are not financing the full vehicle price.
Choose a mileage plan based on your driving habits - either 12,000, 15,000 or 18,000 miles per year. (10 cents per mile is charged for over-mileage.) AutoChoice loans are available for new and used vehicles, 36 to 60-month terms. Terms of 72 months are available for new vehicles.
At the end of the contract, 1) trade in the
car with no further obligation; or 2) pay off or finance the residual value and
keep the car; or 3) sell the car, pay off the residual value, and keep your
profit.
Your
savings federally insured to at least $250,000 and backed by the full faith
and credit of the United States Government
We do business in accordance with the Federal Fair Housing Law and the Equal Credit Opportunity Act.