AUTO LOANS
OUR LOAN MISSION...
Is to provide the best value to our members by offering outstanding service before, during and after the loan process. We strive to go above and beyond your expectations. We are proud to provide personal,no pressure, friendly and quick service from our knowledgeable Genesee Valley F.C.U. loan team.
FAST LOAN DECISIONS
There's no "middle man" to deal with at Genesee Valley F.C.U.. Members have direct contact with our loan team throughout the loan process. We offer fast loan decisions, and our loan team will work with you personally before, during and after your loan process.
APPLICATION OPTIONS
Loan applications can be made in person at any one of our branches, by Internet, or U.S. mail. Any member who is at least 18 years of age may apply for a loan.
- Main Office: (585) 243-5115
- Dansville: (585) 335-3216
- Warsaw: (585) 786-0170
AUTO LOANS, FINANCING FOR PERSONAL & SMALL BUSINESS VEHICLES
Whether you finally decided to buy the car of your dreams or you need a new truck for your small business, Genesee Valley F.C.U. has the right Auto Loan for you. * We offer our members some of the most competitive rates in the area, and terms up to 72 months for new vehicles.
SECOND CHANCE REFINANCING
If you want to refinance your current auto loan, Genesee Valley F.C.U. may have a loan for you. Talk to one of our loan team members to discuss whether this is the right option for you.
NEW & USED VEHICLES
- Motorcycles
- Classic Cars (proof of the value is helpful)
- RV's
- Boats
Other products available for RVs and boats without insurance. See consumer loan brochure or see one of our Loan Officers for more details.
Ask our loan team about loans for vehicles over 10 years old!
*Subject to credit approval. Subject to change.
RATES & TERMS AVAILABLE
Because Life Never Goes Exactly As Planned...
Genesee Valley Federal Credit Union strives to offer low cost, high value disability and life insurance to our members. We offer disability insurance on our loans to help if you become disabled. If you become disabled while insured, you may be eligible to have your loan payment paid by insurance. Ask one of our loan team members for details. Life insurance is also available to help payoff your loan in case of death. Don't leave your family with the burden of your debts, ask about low cost life insurance.
V.S.I. INSURANCE
Vendor Single Interest Insurance
An insurance that protected the credit union when the borrower's primary insurance has lapsed or been cancelled. This is a mandatory insurance fee of $18.00 on all vehicle loans.
GAP INSURANCE
GAP Insurance is, the insurance covering the "gap" between the actual value of your car at the time of the accident and the amount you still owe the finance company -- you could be out thousands of dollars."GAP Insurance" provides you with the peace of mind knowing that a portion of your loan balance will be covered in the event of a total collision loss.
FREQUENTLY ASKED QUESTIONS
Q: Can you tell me if I'm getting a good deal on my used vehicle?
A: Yes! You have access to the NADA Guide http://www.nadaguides.com/ shown on our Home Page that can help determine the value of the vehicle you are interested in purchasing.
Q: Can I get a Genesee Valley F.C.U Auto Loan if I'm buying my vehicle through an auto dealer?
A: Yes! Financing is available whether you purchase from a dealer or from a private seller.
Q: What documentation do I need to bring with me to get an Auto Loan with Genesee Valley F.C.U?
A: It depends on the situation. Here's a quick list of items for several different scenarios...
If you purchase from an auto dealer...
- Bill of sale complete with VIN
- Proof of insurance (at closing)
- Proof of income (pay stub or other proof)
If you purchase from a private seller...
- Copy of title- Current odometer reading
- Purchase Price
- Proof of insurance (at closing)
- Name of seller
- Proof of income (pay stub or other proof)
If you want a second chance refinancing loan...
- Recent statement or account and phone number of current lender
- Title
- Current odometer reading
- Proof of insurance (at closing)
- Proof of income (pay stub or other proof)
CONSUMER LOANS
FINANCE LIFE'S EVENT
Genesee Valley F.C.U. Personal Loans offer a great way to finance all of life's events, expected and unexpected.
TYPES OF LOANS AVAILIBLE
Car Loans- New & Used Education, Tuition
Truck Loans- New & Used Clothing
Motorcycles Weddings
Recreation Vehicles Holiday Gifts
Boats Appliances
Vacation, Travel Repairs
Debt Consolidation Mobile Homes
Fixed Rate Home Equity Furniture
Home Equity Line of Credit Medical, dental
Home Mortgages Insurance, Taxes
Quick Equity Legal Fees
Farm Equipment
Plus you can use your savings or a CD for a Shared Secured Loan giving you a lower rate.
LOW LOAN RATES
Low interest rates on all loans. Interest is calculated on the balance of the principal outstanding only.
LOAN INSURANCE
We offer low cost life and disability insurance on our loans. Insurance provides peace of mind by protecting your family from financial burdens in the event of disability or death. It protects your credit rating and supplements other benefits. Enrollment is simple.
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