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If you’re ready to buy a new or used vehicle, start with your credit union before you visit the dealership.

Let us help you save money on your entire car buying experience.

  • Skip The 0% – Even if you can qualify for 0% dealer offers, you may have to choose between low-rate financing and a rebate. Accept the rebate, get your loan pre-approved with us and you’ll be in a stronger bargaining position as a cash buyer. Plus, by taking the rebate, you’re lowering the overall cost of the vehicle.
  • We’ll Match Or Beat The Rate!* – Give us a chance to match or even beat your interest rate! A lower rate means a lower monthly payment with more cash in your pocket – not the dealer’s!

In addition to our low loan rates, we offer many auto-related products and services designed to save you money.

  • Use Autoseekers**Take the hassle out of buying a car, Autoseekers can help you find the best price on any new or pre-owned vehicle you are looking for. Tired of Dealer Hopping? Hate the hassle of car buying? Want to avoid the sales pressure?Now you have a friend in the car industry…We have partnered with Autoseekers, so that you have someone who knows the entire car buying process and who represents you – not the dealerships – to help with your vehicle purchase. Purchase your next new or pre-owned vehicle with no haggling or hassles. Get your car loan pre-approved at our incredibly low auto financing rates. Then call your Autoseekers representative, Jay Ramos at 305.773.2007 and shop for a great price.Apply for your loan now or you may also call us at your convenience at 305.324.4004 or stop by our office.
  • GAP** (Guaranteed Asset Protection) – Protect against financial loss if your vehicle is stolen or totaled. Compare our $399 cost for GAP to what dealers charge and you won’t believe the savings at your credit union!
  • Extended Warranty**Purchase an affordable extended warranty (new window/tab) at the credit union. You’ll get comprehensive vehicle coverage at rates hundreds of dollars lower than at the dealership.
  • Convenient Payments – You will automatically receive a 0.25% discount on your vehicle loan when you make your payments through payroll deduction.  And, you will also receive an extra 0.25% discount on your vehicle loan if you have Direct Deposit.
  • Member Rewards – Depending on your member relationship you may be able to benefit from consumer loan discounts up to 0.25%.

*This program does not apply to those situations where the payment offered by the dealer or the financial institution is priced well below market (i.e., below market financing on selected models for terms shorter than market terms, as an inducement to purchase, in lieu of rebates, and dealership buy downs, etc.) No other discounts apply. Offer may be rescinded by the credit union at any time without notice.

** This product is not federally insured, are not obligations of the Credit Union, and are not guaranteed by the Credit Union or any affiliated entity.

Auto Loan Refinance

LOVE THE CAR, HATE THE PAYMENT?

Is your current vehicle loan financed with another financial institution at a higher rate? Refinance it with us and save money on the interest you’ll pay on your loan, reduce your monthly payment and pay down your loan faster.

Ask us about our promotions on refinancing your loan from another financial institution to lower your payment!

AutoSense

Now there’s another alternative to a conventional car loan … one that lets you drive your dream car without sky-high payments. It’s available at your credit union. It’s AutoSense.

Enjoy the benefits of a low payment vehicle loan program that combines the best features of regular auto financing with the benefits of leasing! No extra costs or restrictions that come with a lease, just the lower payments. And, you have all the flexibility that goes along with car ownership

  • Payments are lower than a conventional loan
  • Down payments not required
  • Terms from 2-6 years*
  • New or used vehicles (up to 5 years old)
  • Choose from 12,000 – 15,000 – 18,000 mileage allowance
  • Pay off, sell or trade your vehicle anytime with no prepayment penalty

If you’ve got your eye on wheels that you think may be out of your budget, check with us first to see if an AutoSense loan can get you behind the wheel.

GET A PAYMENT QUOTE! (new window/tab)

AutoSense Quote Disclosure – (1) Rates shown are for illustrative purposes only and may vary due to individual creditworthiness. (2)Payments shown may vary from final loan payment provided by credit union loan representative.  Rates shown are for A+ credit (credit score of 730 or higher) with all available discounts and 100% LTV (Loan to Value).
Discounts include: Deluxe members (0.25%) and direct deposit or automatic payments (0.50%)

* AutoSense Loan Payment Example: a 2017 sedan financed for $25,000 for a 60 month term at fixed 2.74% APR (Annual Percentage Rate) and 12k annual mileage would have 59 monthly payments of approximately $296.81 with a final balloon payment of $9,900.00 (Guaranteed Future Value). You may sell, trade, or refinance at the end of your loan term. The vehicle is yours, this is not a lease, no pre-payment penalties and your rate will NOT increase after consummation.

Gap Coverage

Do you have a financed car, truck, or SUV? Did you know that if it its ever totaled or stolen, YOU COULD FACE A FINANCIAL RISK that your auto insurance policy may not cover? Guaranteed Asset Protection (GAP) coverage protects you against this risk!

Gap* is a policy that protects you in the event of theft or total loss of your vehicle.  Most insurance companies only pay the Cash Value of the vehicle at the time of the loss. Your remaining loan balance could be much greater than the Cash Value of your vehicle creating a DEFICIENCY OF SEVERAL THOUSAND DOLLARS THAT YOU’RE LIABLE FOR!

Plus, if you compare our $350 cost to what dealers charge, you won’t believe the savings at your credit union!

Why buy GAP* from the Credit Union?

Compare cost at dealer and save hundreds of dollars.

GAP is Easy to Purchase

GAP can be purchase at a low, onetime cost and can be included in the amount financed with the loan. Coverage takes effect immediately upon loan dispersal.

60-Day Free Look

You may examine your GAP* policy for 60 days. If you are not satisfied you may cancel GAP by returning the waiver within the first 60 days of coverage for a full refund of any premiums or amount you have paid.

Auto Deductible Reimbursement (ADR)

Auto Deductible Reimbursement (ADR) is an individual member benefit that reimburses the deductible for any loss covered by the borrower’s auto insurance policy for ALL passenger vehicles owned (i.e. titled or registered) AND insured (i.e. Named insured) by the enrolled member.  This includes all members purchasing GAP with the exception of complimentary GAP provided on refinanced loans.

Available on a Variety of Vehicles

GAP is available for the following types of vehicles. There are no age restrictions on the vehicle.

Vehicle Availability
Vehicle Type Maximum Amount Financed Maximum Loan Term
All Terrain Vehicle
Car or Truck Purchase
Golf Cart
Jet Ski
Motorcycle
Motorhome (RV)
Snowmobile
Travel Trailer (Up to 35′)
Water Craft (Up to 50′)
$50,000.00
$100,000.00
$50,000.00
$50,000.00
$50,000.00
$125,000.00
$50,000.00
$125,000.00
$125,000.00
240 months
84 months
240 months
240 months
240 months
240 months
240 months
240 months
240 months

 

How GAP Works – A Typical Example
Description Amount
Vehicle’s original purchase price: $25,000.00
Suppose after one year you experience a total loss on your vehicle…
Loan balance after one year: $20.000.00
Insurance settlement covering vehicle’s current value: $16,000.00
Your lost investment without GAP…
Your remaining unpaid loan balance; the “GAP” (including your deductible, up to $1,000)** : $4,000.00
GAP pays the following toward the financing or leasing of a replacement vehicle…
GAP pays the difference: $4,000.00
Total GAP Benefit: $4,000.00

* This product is provided to members through other independent companies for the benefit of Miami Firefighters FCU members. This product is not federally insured, are not obligations of the Credit Union, and are not guaranteed by the Credit Union or any affiliated entity.

** Deductible reimbursement is available in most, but not all states. Please consult your financing representative for the availability of this benefit.

Extended Warranty

Mechanical Breakdown Protection -MBP

Most major car repairs occur after the factory warranty period ends. Without Mechanical Breakdown Protection (MBP) you may wind up paying for unexpected and expensive repairs. As a result, extended coverage for auto repairs has become a necessity. Miami Firefighters Credit Union has teamed up with Interstate National to provide you with a more affordable means of protection for your new or used vehicle.

Check with your loan officer about your options and learn how you could save up to 50% off dealer pricing. You may be eligible for coverage even if you don’t currently have an auto loan with MFFCU.

Get a Free Quote!

Avoid costly vehicle repairs with Interstate National top-of-the-line extended warranty plans. Their Mechanical Breakdown Protection extends coverage to virtually all components of your new or used vehicle. The coverage is even transferable if you sell your vehicle before the plan expires.

Protection you can count on:

All claims handled by Interstate National, not a third party administrator
Claims paid at the time of repair directly to the repair facilities
Repairs can be done at any licensed U.S. or Canadian facility
Costs hundreds of dollars less than manufacturer’s warranties
Can be integrated into the cost of your loan
60-day money-back guarantee
Here are some of the many benefits:

$0 Deductible
Rental vehicle assistance
Towing
Trip interruption
Increased Vehicle Resale Value
24-Hour road side assistance
Flat tire
Fluid delivery
Jumpstart
Lock-out protection
Tire protection
The low cost protection offered through Interstate National gives you maximum protection on your vehicle and much more. Buying a vehicle is one of the largest purchases you make, so have it protected.

This product is provided to members through other independent companies for the benefit of Miami Firefighters FCU members. This product is not federally insured, are not obligations of the Credit Union, and are not guaranteed by the Credit Union or any affiliated entity.

AutoSeekers

Tired of Dealer Hopping? Hate the hassle of car buying? Want to avoid the sales pressure?

Now you have a friend in the car industry…

We have partnered with Autoseekers, so that you have someone who knows the entire car buying process and who represents you – not the dealerships – to help with your vehicle purchase. Purchase your next new or certified pre-owned vehicle with no haggling or hassles. Get your car loan pre-approved at our incredibly low auto financing rates. Then call your Autoseekers representative, Jay Ramos at 305.773.2007 and shop for a great price.

Apply for your loan now or you may also call us at your convenience at 305.324.4004 or stop by our office.

APPLYING IS EASY

Logon to online banking; click on the “Self Service” tab, then under the “Member Requests” section click on “Loan Application.” You may also call us at your convenience at 305.324.4004 or stop by our office.

Member Rewards

Build your relationship with Miami Firefighters FCU. With our Member Rewards program the more you use your credit union for loans, checking and savings accounts, the more your credit union prospers and grows and this means more and better services and pricing for you.

Your accounts are federally insured to at least $250,000 and backed by the full faith and credit of the United States Government. See NCUA Calculator (new window/tab) for more information.

 

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