AUTO & RECREATIONAL VEHICLE LOAN

DEPOSIT GROWTH

LOAN SAVINGS

Clear the way for the best deals of winter

SEGMENT Members looking to finance their new or new-to-them vehicles.

TARGET AUDIENCE Members over a certain driving age, with no current vehicle loan, and who have closed their vehicle loan in the past year.

MESSAGE Low rates, mobile app, online services, quick/instant approval. Add a comparison chart to show the amount of interest a member will save if they finance their vehicle at the credit union versus a local bank.

MEDIUM Direct mailer with an accompanying interactive email.

INCENTIVE Loan discount when you sign up for automatic loan payments through the end of March.

Example
MyCU
Local Bank
Total Amount Financed
$30,000
$30,000
Sample Annual Percentage Rate
5.99%
9.99%
Monthly Payment
$579.84
$637.26
Total Interest Paid 60 months
$4,790.67
$8,235.82
Total Savings
$3,445.15

View Our Cash Back Strategy

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