Auto Loans

Buying your next vehicle can still be a pleasant experience, especially if you finance through ABNB! We finance both new and used vehicles at up to 100% financing. We offer fixed rates as low as 5.99% for new and 6.49% for used vehicles. (Actual rate based on terms and credit history). In addition to great rates and terms, ABNB also offers Guaranteed Assessed Protection (GAP) Insurance and Members Choice Auto Care (MCAC) Warranty.

Auto Mechanical Repair Coverage - Member's Choice Auto Care (MCAC)

As an additional service for our members, ABNB offers Auto Mechanical Repair Coverage. Compare our Members Choice Auto Care (MCAC) Repair Coverage to dealer programs and you will see that you can save money and receive better coverage at the same time. Consider these points when comparing our coverage to a dealer's program:

MCAC offers 3plans - Are you comparing similar coverage?

• MCAC offers up to 4 deductible options (depending on the plan). Are you comparing the same deductible? Many times a dealer will present a $100 deductible but not tell you.

MCAC is add - on coverage versus in-service date coverage. Do you know the difference and how it affects when the coverage terminates?

• MCAC allows you to bring your vehicle to any licensed repair facility in the US and Canada (provided they warranty their work for at least 6 month/6,000). Does the dealer allow this flexibility or are you required to bring the vehicle back only to a Ford dealer (for example)?

You can rely on the credit union and CUNA Mutual if you have questions or concerns. Who can you go to with questions or concerns if you buy it through the dealer?

All extended warranties are not alike. Compare and save. Call (757) 523-5300 for more details.

GAP Protection

You could lose more than your vehicle if it is stolen or involved in a major accident - you could lose your investment. Why? Because most insurance policies only cover the value of your vehicle - something that rapidly declines during the first few years of ownership - which means your loan or lease balance could be higher than the value of your vehicle. GAP covers the difference between your primary carrier's insurance settlement and the amount of your loan or lease - less delinquent payments, late charges, refundable service warranty contracts, and other insurance related charges.

GAP benefits may include the following for your protection:

• Protection for the term of your loan up to 84 months.
• Coverage for vehicles valued up to $100,000 at time of purchase.
• Payment of benefits up to $50,000.
• Coverage for auto insurance deductibles up to $1,000 if a gap exists.
• Benefits for new or used vehicles, including cars, light trucks, motorcycles and some other motorized vehicles.
  
  Please note: Coverage does vary by state. Contact us today at (757) 523-5300 to learn more.

Be informed and make sure you know the real value of the vehicle you are buying, not just what the seller says. To find the value of your new or used vehicle, visit NADA.