New and Used Autos, Trucks, Boats, RV's and Motorcycles

Are you in the market for a new or used car, truck, boat, r.v.'s, motorcycle or van?

Well the first thing you have to do is make a list of your decisions:

  1. What do I want to buy?
  2. How much should I pay for it?
  3. Should I pay cash or finance it?
  4. Should I make a car loan or a second mortgage loan?
  5. Call the credit union for answers to your questions.

It used to be pretty easy to make a decision to buy a vehicle. There were fewer makes and models; even the choice of the color is a big decision. It's important you do your homework before shopping for a vehicle. Who will be driving it and what type of driving will be done (school, work, church, grocery, or long trips on highways)? Do you have children and need a larger vehicle for transportation? You may be used to transporting a large load so you will probably be looking for a truck. Make your decision on your normal daily driving, and if you are going on vacation it might be better to rent the vehicle you need for your vacation travel. This could save you money in the long run. This is also a good time to contact your insurance agent and find out your insurance costs. You must carry at least $500.00 deductible on collision for financing with PFCU. Click here for rates on new and used vehicle purchases.

New Vehicle Purchase

The following are simple steps in the process of purchasing a New Vehicle:

  1. Apply for a pre-approved loan:
    • Use Web PAL II
    • Use PAL
    • Call the Credit Union for a Phone Loan
    • Stop in the credit union office
  2. Look for a new vehicle and get prices.
  3. Check with credit union for vehicle prices.
  4. Call your insurance agent to determine your insurance cost.
  5. Make your best deal.
  6. Have a dealer fax your order to us (513) 345-8726.
  7. Stop in the credit union to sign papers.

Used Vehicle Purchase

When purchasing a used vehicle you may use a dealer or buy from an individual and the steps are a little different.

Dealer Purchase

  1. Apply for a pre-approved loan:
    • Use Web PAL II
    • Use PAL
    • Call the Credit Union for a Phone Loan
    • Stop in the credit union office
  2. Look for a new vehicle and get prices.
  3. Check with credit union for vehicle prices.
  4. Call your insurance agent to determine your insurance cost.
  5. Make your best deal.
  6. Have a dealer fax your order to us (513) 345-8726.
  7. Stop in the credit union to sign papers.

Buying from an Individual

  1. Apply for a pre-approved loan:
    • Use Web PAL II
    • Use PAL
    • Call the Credit Union for a Phone Loan
    • Stop in the credit union office
  2. Look for a used vehicle and get prices.
  3. Find out the make, model, extras, mileage, VIN number, owner's name and address.
  4. Find out if the title is clear of all Liens, if not get the financial institution's name, and account number.
  5. Check with credit union for vehicle prices.
  6. Call your insurance agent to determine your insurance cost.
  7. Stop in Credit Union with owner and title to finalize the loan.
  8. If title is out of state a vehicle inspection may be required.