
MAPS site map
MAPSTM
(Member Auto Payment Saver)
Vehicle Financing
Your Solution to Lower Monthly Payments
| Feature | MAPStm | Leasing |
|
Sales tax |
Paid up front |
Monthly Sales Tax Fee (usually adds up to more than 6% using this method) |
|
Up front first and last payment required |
No | Usually Yes |
|
Security deposit required |
No |
Usually Yes |
|
Options at end of term: Sell vehicle |
Yes |
Yes |
|
Use as trade |
Yes |
Usually No |
|
Finance residual |
Yes |
Yes |
|
Return Vehicle* |
Yes |
Yes |
|
Previously owned vehicles qualify |
Yes** |
Usually No |
|
Mileage allowance |
Up to 18,000 miles per year |
12 to 18,000 per year |
|
Over limit |
10 cents per mile |
|
|
Who owns vehicle |
Member |
Lease company |
| *If a member returns vehicle, credit union is guaranteed payment of Residual value established at time loan is disbursed. | ||
|
**Current model year and previous three model years qualify. Demonstrators qualify as new vehicle when they are current model-year vehicle. |
||
At the MAPStm (Member Auto Payment Saver) calculator Web site you will be able to calculate a monthly payment for as many vehicles as you choose with the options you select. Current model year vehicle and vehicles up to three model years old qualify for MAPS financing. The calculator will automatically calculate the monthly payment for both MAPStm financing and conventional vehicle financing, allowing you to immediately see the lower monthly payment available with MAPStm financing.
For rates click here.
Instructions for using the MAPStm Calculator:
When the web site opens
Click down arrow to
select Vehicle Year.
Click down arrow to select Vehicle Maker.
Click down arrow to select Vehicle Model.
Click down arrow to select Vehicle Style.
Click on the "Get Quote" button .
When the quote is displayed:
Check mark the Optional Equipment you want.
Enter the Negotiated Price of the new vehicle.
Enter the Trade In Value.
Enter the Trade In Payoff (if any).
Enter the Down Payment.
Enter the Sales Tax.
Click the "Next" button.
Follow the instructions on the page.
When all the steps are completed you will receive a message informing you that a loan officer will be contacting you.
NOTE:
This site is for calculation only. A loan application must
still be executed. For more information about MAPStm call
our Loan Office today at 570-961-1100.
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