A 72-month long auto loan is for people who do not wish to think about mileage restrictions or wear and tear damages and are willing to stick to a car for 6-7 years. Before applying for a 72-month auto loan, ensure that you have enough money to make a down payment and that you are credible to pay the monthly installments in time for the period of the loan.
Benefits of 72-month auto financing: -
- Taking a long period loan is useful as it reduces the amount of monthly installments. This helps you to buy an expensive car because you can pay the same as you would have paid for a lesser-priced car with a 24-48 month auto loan.
- It offers convenient and competitive prices for part-time workers, who do not mind driving a car till they own it completely and are in a stable financial condition to pay for a car for 6 years continuously.
- This loan is also very beneficial to people who have a low or a steady income and they are sure that paying for a car for 6 years will not be taxing on their regular finances.
Credit Unions are financial organizations formed by a group of people and managed democratically by its members. They provide credits and competitive interest prices to its members. Credit Unions are usually formed to support community development and help people of one society jointly.
Greater Central Texas Federal Credit Union offers 72-month auto financing to its members and the advantages of getting your can financed from it are numerous. To name a few are:
- Exceptional service – Being a member of the credit union will give you an exceptional service and assistance while financing your car.
- Competitive prices - It provides competitive interest rates and helps the members get the best deal possible.
- Easy Access – It helps you decide how you wish to access you policy and manage it and also provides help in the form of online applications so that you can do everything for the comfort of your home.
For more information, visit Greater Central Texas Federal Credit Union at 3305 E Elms Road, Killeen, TX 76542 or call at (254) 690 - 2274.