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Get the Best Auto Loan Ever with free GAP Insurance and $200 cash from Infuze Credit Union*!
When you’re looking to purchase a new vehicle, you want the best deal and when you’re deciding on the best way to finance your purchase, we’ve got the best deal! With the Best Auto Loan Ever, you get $200 cash, free Guaranteed Asset Protection (GAP) insurance, and no payments for 90 days.
Members apply for a loan by logging into Online Banking.
Simply purchase or refinance an auto loan of at least $10,000 from another financial institution, and we’ll give you $200. It’s that easy! Plus, GAP insurance makes it worry free for you if your car is ever totaled or stolen because it pays the difference between the actual cash value of your vehicle and the outstanding loan balance at the time of your loss*. You also won’t have to make a payment for 90 days* – pocket the extra cash!
Most Commonly Asked Questions About GAP
Is the deductible covered by GAP? The primary insurance deductible is waived only to the extent it is part of the GAP Amount. Any portion of the deficiency balances caused by the borrower’s deductible will be reimbursed up to $1,000, where permitted.
Can GAP be transferred to a different loan or vehicle? No, GAP is not transferable. GAP covers the loan and the vehicle that is listed on the loan agreement and may not be transferred to a new loan or vehicle.
What if the borrower decides to purchase their totaled vehicle back from the insurance company? If they purchased their totaled vehicle back from their insurance company, the salvage price will be deducted from their GAP Claim account.
*All loans are subject to Infuze Credit Union lending policies. Verification of income may be required. Offer, rate, and term are subject to change, and is available January 7, 2019 to March 31, 2019. This offer is available on automobiles only that have an auto loan balance of at least $10,000. It is not valid to refinance existing Infuze Credit Union loans and there is no prepayment penalty. Interest will accrue during “No Payments for Up to 90 Days.” The $200 reward will be deposited into member’s savings account within 10 days after loan funding. Offer subject to change or discontinuation at anytime. Membership at Infuze Credit Union is required to participate in this promotion. Membership requires a savings account with a minimum balance of $5. GAP Insurance is optional. Whether or not you accept the product does not affect your application for credit or the terms of any existing credit agreement you have with us. Some discounts may apply when appropriate. See credit union for details.