Are you browsing auto dealerships for your next car? We want to help you save the most money possible. That’s why we’ve partnered with CUDL (Credit Union Direct Lending). A convenient online lending platform, CUDL allows you to access credit union savings from top auto dealers. You can apply for one of our low-rate loans right from the auto dealership!
Here’s how it works:
1. Get pre-approved
Before you arrive at the auto dealer, get pre-approved for an auto loan. A pre-approval is a document stating how much your lender will let you borrow once you officially apply for the loan. Use this knowledge to set a car-buying budget and focus on your options. If you’re not sure where to start, ask us about getting pre-approved; we’ll be happy to help!
2. Shop within CUDL’s network of auto dealers
With over 14,000 auto dealers in the CUDL network across the country, you can comparison-shop to find the best deal.
Remember, the closest option may not always be the best. Consider expanding your search radius to see if you can find your ideal car in another location for less—as long as it’s a CUDL auto dealer, you’re all set. (Need help verifying which auto dealers are CUDL partners? We can help you with that.)
3. Apply for a low-rate loan
Once you find your auto dealer and choose your preferred make and model, it’s time to apply for your loan. Make sure you let the auto dealer know that you’re a member of our credit union, and ask about CUDL financing.
4. Breeze through the application process
CUDL makes loan applications as fast and convenient as possible. You can enter all of your information online while you’re at the auto dealer. There’s no excess paperwork or extra steps. Consider it a shortcut to driving your new car.
MCCU also offers an auto-buying service, if you don’t want to go to a Dealership. Autoland will help you find the new or certified pre-owned car you want, and will deliver it to the credit union! It doesn’t get more convenient than that.
Let MCCU be your partner in finding and financing your next car!
« Return to "Matadors Money Matters Blog"
