Here’s a look at some recent auto loan programs:
GMAC
Program: Leasing, to start as early as Aug. 1
Details: Specifics are still being hammered out, but leases would probably be available on luxury vehicles like the Cadillac CTS.
• • •
Mazda
Program: “Cash for Clunkers” Add-On
Details: $500 cash incentive on top of the $3,500 or $4,500 CARS incentive.
• • •
Pentagon Federal Credit Union
Program: New-Auto Loan Online Special
Details: 4.75% financing for a $25,000 loan for 72 months. The offline rate is 5.75%.
• • •
Georgia’s Own Credit Union
Details: 100% financing — including tax, title, tag, and extended warranty — for as long as 84 months. For hybrid or alternative fuel vehicles, members receive a 0.5% rate reduction.
Extra: Members receive $100 if the credit union can’t lower their monthly payments when it refinances their car loan.
