One Great Credit Union... in Two Convenient Locations:
Building Valued Relationships by Delivering Personalized Financial Advice and Services!
Here For All of Us.
Angola Road Branch
3845 Angola Road 3384 Elm Street
Toledo, OH 43615 Toledo, OH 43608
Phone: 419-381-2323 Phone: 419-726-1539
Fax: 419-381-2341 Fax: 419-726-8444
Toledo, OH 43615 Toledo, OH 43608
Phone: 419-381-2323 Phone: 419-726-1539
Fax: 419-381-2341 Fax: 419-726-8444
Quick Links
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LINK DISCLAIMER: In order to provide our members access to additional tools, data and information which may be useful, TPS Credit Union has included links to external websites. The owner of each individual website is responsible for content, accuracy and privacy. TPS Credit Union assumes no responsibility, nor liability, for the accuracy, reliability,or privacy associated with the content of any of the external websites.
AUTO LOANS:
Check Out Our Competitive Rates
Apply Today!
Tips to buying your next car:
* Complete an application either over the phone, fax, mail or e-mail. Get pre-approved for a
particular dollar amount. You can even finance with TPS Credit Union...right at the dealership. To
learn how and to see a list of participating dealers, click here.
* Shop for the vehicle . Negotiate the purchase price including tax and title fees not to exceed the
pre-approved dollar amount you qualify for. If you find a vehicle for more than originally pre-approved
for we can try to re-qualify you for the larger amount.
* Supply the Credit Union with proper information: the purchase agreement from the dealership,
or the vehicle information (Make, Year, Options, and mileage) and seller's name, address and phone
number if a private owner. The value of the vehicle is determined by looking at a current version of the
NADA car book.
* Compare the warranties and insurance offered from the dealership
Before you get hooked on that new or used vehicle, don't forget about financing. TPS Credit Union offers you an opportunity to get pre-approved for your loan before you begin shopping. This will help you focus on the vehicle you can afford and enable you to negotiate a purchase price with confidence with the dealership or private owner.
We can also help you judge the dealer's best offer, establish a fair trade-in value for "Old Faithful" plus much more. For savings and convenience in your next new or used vehicle purchase, be sure to call the credit union first.
0% Financing: Why Credit Union Rates May Be a Better Choice
On the surface, 0% financing may seem like the best deal. And in some cases, this may be true. On the other hand, 0% financing with the dealer is not always the best route. It pays to do the calculations before you decide which deal is best for you. Here are things to consider:
* Not everyone qualifies for low-rate financing. You generally must have near-perfect credit to receive
these teaser rates.
* If you qualify for incentives, you must choose between low-rate financing or factory cash-back offers.
Choosing TPS CU financing and applying the factory rebate to reduce the total cost of your loan may
reduce your payments and save you money in the long run. Use our web site loan calculator to
determine the difference between paying full price at 0% and taking the rebate with another financing
rate.
* Monthly payments on low-rate loans may be more than you can afford. In many cases, financing deals
are short-term; usually 24-36 months.
Rather than opting for a short-term loan with high payments, you’ll find you have more flexibility with a longer-term loan. Because there are no pre-payment penalties at TPS Credit Union, you still have the option of paying off your loan in a shorter period of time and saving interest. However, for months when you need extra cash, such as during the holidays, you have the option of making the lower payment.
Do the calculations yourself. (Financial Calculators) Many members are amazed to find that the total cost of the car is actually less when they use the rebate to reduce the total amount of their Credit Union loan – even when they select a 60-month term on a Credit Union loan.
If you have questions about financing a new or used vehicle, please contact a loan officer at 419-381-2323. One of our loan representatives can discuss the benefits of financing with TPS Credit Union. All loans are based on approved credit. Get started by completing a loan application today!
Apply Today!
Tips to buying your next car:
* Complete an application either over the phone, fax, mail or e-mail. Get pre-approved for a
particular dollar amount. You can even finance with TPS Credit Union...right at the dealership. To
learn how and to see a list of participating dealers, click here.
* Shop for the vehicle . Negotiate the purchase price including tax and title fees not to exceed the
pre-approved dollar amount you qualify for. If you find a vehicle for more than originally pre-approved
for we can try to re-qualify you for the larger amount.
* Supply the Credit Union with proper information: the purchase agreement from the dealership,
or the vehicle information (Make, Year, Options, and mileage) and seller's name, address and phone
number if a private owner. The value of the vehicle is determined by looking at a current version of the
NADA car book.
* Compare the warranties and insurance offered from the dealership
Before you get hooked on that new or used vehicle, don't forget about financing. TPS Credit Union offers you an opportunity to get pre-approved for your loan before you begin shopping. This will help you focus on the vehicle you can afford and enable you to negotiate a purchase price with confidence with the dealership or private owner.
We can also help you judge the dealer's best offer, establish a fair trade-in value for "Old Faithful" plus much more. For savings and convenience in your next new or used vehicle purchase, be sure to call the credit union first.
0% Financing: Why Credit Union Rates May Be a Better Choice
On the surface, 0% financing may seem like the best deal. And in some cases, this may be true. On the other hand, 0% financing with the dealer is not always the best route. It pays to do the calculations before you decide which deal is best for you. Here are things to consider:
* Not everyone qualifies for low-rate financing. You generally must have near-perfect credit to receive
these teaser rates.
* If you qualify for incentives, you must choose between low-rate financing or factory cash-back offers.
Choosing TPS CU financing and applying the factory rebate to reduce the total cost of your loan may
reduce your payments and save you money in the long run. Use our web site loan calculator to
determine the difference between paying full price at 0% and taking the rebate with another financing
rate.
* Monthly payments on low-rate loans may be more than you can afford. In many cases, financing deals
are short-term; usually 24-36 months.
Rather than opting for a short-term loan with high payments, you’ll find you have more flexibility with a longer-term loan. Because there are no pre-payment penalties at TPS Credit Union, you still have the option of paying off your loan in a shorter period of time and saving interest. However, for months when you need extra cash, such as during the holidays, you have the option of making the lower payment.
Do the calculations yourself. (Financial Calculators) Many members are amazed to find that the total cost of the car is actually less when they use the rebate to reduce the total amount of their Credit Union loan – even when they select a 60-month term on a Credit Union loan.
If you have questions about financing a new or used vehicle, please contact a loan officer at 419-381-2323. One of our loan representatives can discuss the benefits of financing with TPS Credit Union. All loans are based on approved credit. Get started by completing a loan application today!
For a little car buying assistance, click on the Where Members Buy image above.
Elm Street Branch