Finance your next new auto purchase with ALEC and drive off with a 1% cash rebate!
New Car Purchase + ALEC Financing = 1% Cash Rebate
It pays to come to ALEC for your next new auto purchase.
Get your best price
- Begin your research use ALEC's Auto Center
- Obtain your best deal, including special pre-negotiated pricing
- Reduce your loan amount with any dealer rebates
Get your best rate
- Enjoy rates as low as 1.74% APR* with a qualifying Checking Account
- Finance up to 115% of your new vehicles MSRP**
- Lower your monthly payment with terms up to 84 months
Get an ALEC rebate
- Earn a 1% cash rebate up to $300 on your new ALEC Auto Loan
Hurry! Limited time - first 100 loans only!
Still not convinced? Let's run the numbers to show you how you can pocket the savings when you take the dealer rebate and finance with ALEC!
|ALEC Financing||Dealer Financing|
|Vehicle Price (less trade)||$33,000||$33,000|
|Loan Rate (60 months)||1.99% APR||0.90% APR|
|Monthly Payment Savings||$36.97||--|
|ALEC Loan Savings||$2,218.20||--|
TOTAL SAVINGS WITH ALEC: $2,518.20
Don't miss out on this special offer as it is limited to the first 100 new Auto Loans financed.
Click here to apply online and get pre-approved today!
You can also apply by visiting a Service Center or by phone, 24/7, at 800.762.9988.
*APR=Annual Percentage Rate. The disclosed rate of 1.74% APR is valid for terms up to 48 months for NEW auto model years 2012-2013 (less than 5,000 miles) and includes the 0.25% loan discount for Rewards Checking. Free Checking accounts receive a 0.10% discount with $500 direct deposit and automatic payments. All loans are subject to credit approval. Your rate may be higher depending on your credit history, age of vehicle, term of your loan and services used. Monthly payment example: $36.08 per $1,000 for 48 months at 1.74% APR. Rates subject to change without notice. **Maximum financing up to 115% MSRP for qualified borrowers. The 1% cash rebate of the amount financed up to $300, for new car purchases will be deposited onto the member's Savings Account 30 days from loan closing. member loan must be open for 12 months. New car purchases only, refinances are excluded.
By members choice, your deposits are insured by American Share Insurance up to $250,000 per account. This institution is not federally insured.