Credit Union Financing, CULA

[hunter.bock]

On Quora someone stated that credit union financing is history as auto manufacturers subsidize dealer leases. Any truth to this?

In opting for a credit union is this done thru the dealer or by direct contact? (I know with CULA it’s the dealer) If you go with a credit union is the rate fixed or do you have negotiating room.

I tried forum search first on this but couldn’t find a detailed guide. Thanks to all.

[mllcb42]

Most CULAs list their new car rates. Just compare them against what the captive is offering to see if they make more sense. They will for some vehicles and not for others.

[Cody_Carter]

@RVguy for all things CULA

[max_g]

@hunter.bock

credit union financing

Leasing, or buying using their financing?

[jeisensc]

CULA Credit Union Coverage Map

I get asked quite a bit if there is a credit union available to lease through. This map is the current footprint for CULA credit unions. The areas in orange are the states we are expanding to in 2022. Some of the lenders listed will only cover a specific list of counties in a state so you’ll want to google “who can join Credit Union Name” and it should pop up the field of membership requirements for that lender. At some point this year we may create a website to look up dealers and possibly th…

[hunter.bock]

looking at leasing initially, buying may be an option

[hunter.bock]

Telegram app for @RVguy?

[Cody_Carter]

I sent him a text

[RVguy]

CUs do both indirect and direct retail auto loans. The few CUs that offer leasing all do it indirectly through the dealers. I don’t have Telegram but you can message me here. Send me your zip code and i’ll let you know if there is a CU that offers leasing in your area.