• No application fees
• No prepayment penalties
• Flexible terms up to 60 months
• Mileage options of 10,000-15,000 per year
Benefits of Leasing
Payments are typically 25-40% less per month
Less initial cash needed to obtain a lower monthly payment
You can customize the lease for your needs (terms and annual mileage)
You'll drive a new car more often
Generally fewer maintenance costs
Used autos can not be older than 5 years. If the car is 5 years old, the maximum lease term is 36 months. For used autos, lessee is responsible for all maintenance not covered by the original manufacturer's warranty or if the warranty has expired.
Loan Payment Example: The monthly payment per $1,000 borrowed at 2.24% APR for a term of 36 months would require 36 monthly payments of $28.75 based on 30 days to first payment. Credit is subject to approval. Rates, terms, and conditions are subject to change at any time based on market conditions or other business factors.
Oakland University Credit Union
savings are Federally insured to at least $250,000 by the
and backed by the full faith and credit of the United States Government.
APR = Annual Percentage Rate. APY = Annual Percentage Yield.
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