Put Yourself in the Driver’s Seat— with a Conneaut Savings Bank Auto Loan
If it seems like you need to be a world class negotiator these days to buy a new car, van or truck, you’re not alone. That’s why many smart new car buyers are turning to pre-approved financing. With a pre-approved auto loan from Conneaut Savings Bank, buying the new or used vehicle you want can be quick and easy. That’s because we “pre-approve” you for the amount you need, before you visit the dealership. And there’s absolutely no obligation to buy a vehicle or take the loan.
With a Conneaut Savings Bank Auto Loan, dealers will view you as a cash customer and you’ll be in a much better bargaining position. You’ll have the ability to negotiate a better vehicle price and, in most cases, drive away the same day.
Here’s how to get started:
- First, take our One-Minute Auto Loan Test. You may be surprised to find out how much more car you can drive.
- Order your Credit Report to make sure you’re in good standing.
- Apply for pre-approval with our Secure Loan Application, or call your local branch. We’ll get back to you right away with the answer you need.
- Call or visit a local auto dealer to get a price quote on the vehicle you want. Of course you’ll want to let the dealer know that you’ll be financing your vehicle with us, AFTER you’ve made your best deal.
With a Conneaut Savings Bank Auto Loan, you’ll get reasonable rates and a flexible repayment plan. We’ll also help you figure out what financing program is right for you.
Rates are accurate as of today.
Saturday’s by appointment only.
|Term||Rate||Annual Percentage Rate (APR)*||Down Payment Percentage||Payment|
|New Up to 60 Months||4.770%||4.851%*||0%||$470.15|
|New Up to 72 Months||4.920%||4.990%*||0%||$402.59|
|Used Up to 1 Year Old||4.920%||4.995%*||10%||$434.07|
|1-2 Years Old Up to 60 months||5.270%||5.352%*||15%||$476.00|
|3-4 Years Old Up to 48 months||5.770%||6.019%**||20%||$234.39|
|5-6 Years Old Up to 42 months||6.520%||6.803%**||25%||$267.70|
|7 Years and Older Up to 36 months||7.020%||7.348%**||30%||$309.82|
Subject to Credit Approval. Your Rate may be higher. Additional terms may apply.
**APR refers to Annual Percentage Rate based on simple interest.
*APR based on loan amount of $25,000, $50 fee and automatic payment from a Conneaut Savings Bank checking account.
**APR based on loan amount of $10,000, $50 fee and automatic payment from a Conneaut Savings Bank checking account.
The rate varies based on credit score and other underwriting considerations. Stated rate is based upon a credit score of 740 or above.
Interest rate and annual percentage rate (APR) are subject to change without notice. Interest rate, APR and terms may vary based on the creditworthiness of the borrower, loan-to-value ratio. Subject to credit and property approval. Additional terms apply.
Contact Us today, or for more details!