Tips - Virginia Beach Schools Federal Credit UnionVehicle Purchasing List Tips Always take a dealer...

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Vehicle Purchasing List Tips Always take a dealer rebate and finance through your credit union! 0% financing can wind up costing you more money in the long run. Visit www.vbsfcu.org for more information. VBSFCU is partnered with several local used and new auto dealers. Please ask your Loan Officer for more information. GAP protection is available to you. If the vehicle is deemed a loss by your insurance company this protection will cover the difference between your insurance settlement and the balance of your loan. GAP also provides $1,000 towards the purchase of a new vehicle. Extended Warranty is also available. My Information My Loan Officers’ name is: _____________________________________________________ Phone number: 463-3650 ext.___________________________________________ My 10-day pay off is $__________________________________________________ and it is good through: _________________________________________________ Interest rate: __________________________________________________________ Payment terms: _______________________________________________________ Approved for $ ________________________________________________________ My Dealer’s name is:___________________________________________________ Phone number is: ______________________________________________________ New Car’s VIN is: ______________________________________________________ My insurance company is: _____________________________________________ Their phone number is: ________________________________________________ THE SMART WAY TO BUY A CAR For a list of nationwide branches and ATMs visit www.co-opsharedbranch.org © CUAdvantage.com • 877.799.0784 • 4/19 Join VBSFCU Students, Parents & Staff: • VB Schools • VB Adult Learning Center • VA Wesleyan University St John the Apostle Catholic School • Virginia Beach Art Institute Staff: • Accomack County Schools • Northampton County Schools Visit Us for Hours & Locations www.vbsfcu.org Loan Center Vehicle & Personal Loans: 757.306.7999 Home Equity & Mortgage Loans: 757.306.7998 General Loan Questions: 757.463.3650 option 1 Contact VBSFCU 757.463.3650 TF 877.482.7328 Infoline 24-Hour Access • 757.486.3525 Financial Literacy • 757.463.6097 Account Questions? Try our secure email option inside SmartLink Home Banking. Log on to SmartLink Home Banking Tap/click on Services, then select Secure Messaging

Transcript of Tips - Virginia Beach Schools Federal Credit UnionVehicle Purchasing List Tips Always take a dealer...

Page 1: Tips - Virginia Beach Schools Federal Credit UnionVehicle Purchasing List Tips Always take a dealer rebate and finance through your credit union! 0% financing can wind up costing you

Vehicle Purchasing List

TipsAlways take a dealer rebate and finance through your credit union! 0% financing can wind up costing you more money in the long run. Visit www.vbsfcu.org for more information.

VBSFCU is partnered with several local used and new auto dealers. Please ask your Loan Officer for more information.

GAP protection is available to you. If the vehicle is deemed a loss by your insurance company this protection will cover the difference between your insurance settlement and the balance of your loan. GAP also provides $1,000 towards the purchase of a new vehicle.

Extended Warranty is also available.

My InformationMy Loan

Officers’ name is: _____________________________________________________

Phone number: 463-3650 ext. ___________________________________________

My 10-day pay off is $ __________________________________________________

and it is good through: _________________________________________________

Interest rate: __________________________________________________________

Payment terms: _______________________________________________________

Approved for $ ________________________________________________________

My Dealer’s name is: ___________________________________________________

Phone number is: ______________________________________________________

New Car’s VIN is: ______________________________________________________

My insurance company is: _____________________________________________

Their phone number is: ________________________________________________

the smart way to buy a car

For a list of nationwide branches and ATMs visit www.co-opsharedbranch.org

© CUAdvantage.com • 877.799.0784 • 4/19

Join VBSFCUStudents, Parents & Staff: • VB Schools• VB Adult Learning Center• VA Wesleyan University• St John the Apostle Catholic School• Virginia Beach Art Institute

Staff: • Accomack County Schools• Northampton County Schools

Visit Us for Hours & Locations www.vbsfcu.org

Loan CenterVehicle & Personal Loans: 757.306.7999Home Equity & Mortgage Loans: 757.306.7998General Loan Questions: 757.463.3650 option 1

Contact VBSFCU757.463.3650 • TF 877.482.7328Infoline 24-Hour Access • 757.486.3525Financial Literacy • 757.463.6097

Account Questions? Try our secure email option inside SmartLink Home Banking. • Log on to SmartLink Home Banking • Tap/click on Services, then select Secure Messaging

Page 2: Tips - Virginia Beach Schools Federal Credit UnionVehicle Purchasing List Tips Always take a dealer rebate and finance through your credit union! 0% financing can wind up costing you

Refinancing An Existing Car Loan Apply online at www.vbsfcu.org, come into the office, or call us at 757.463.3650, option 1.

Purchasing A Vehicle From A Private Owner When Title Is Free And Clear

Get Preapproved by VBSFCU. Apply online at www.vbsfcu.org, come into the office, or call us at 757.463.3650, option 1.

Information we will need: Vehicle Identification Number (VIN)

and current mileage

Name or names on the title (copy of title if available or copy of registration)

Purchase price

Insurance verification – add the vehicle on to your insurance policy and have your insurance com-pany fax us a copy of the policy showing Virginia Beach Schools Federal Credit Union as loss payee and full coverage insurance (collision and compre-hensive coverage).

4.15% Sales Tax to DMV

The seller, with the title, should accompany the member (buyer) to the closing OR the member must get a Power Of Attorney form for the seller to sign. The member is responsible for having the seller sign & returning it to the Credit Union.

Information we will need: 15 day pay off from financial institution,

address, account number & phone number

Vehicle Identification Number (VIN) and current mileage

Names that are listed on the title (copy of registration)

Insurance verification – Change your loss payee to VBSFCU and then have your insurance company fax us a copy of the policy showing Virginia Beach Schools Federal Credit Union as loss payee and full coverage insurance (collision and comprehensive coverage).

If there is a lien on the title, the Seller needs to have power of attorney and a letter to the financial institution at the time of closing.

Refinancing An Existing Lease Get approved by VBSFCU. Apply online at www.vbsfcu.org, come into the office, or call us at 757.463.3650, option 1.

Information we will need: Letter from lease company showing payoff

figure, odometer statement & any other papers sent by lease company, address and account number.

Names on lease (copy of registration)

Vehicle Identification Number (VIN) and current mileage

Insurance verification – Have your insurance company fax us a copy of the policy showing Virginia Beach Schools Federal Credit Union as loss payee and full coverage insurance (collision and comprehensive coverage).

Purchasing ChecklistNew Or Used Vehicle

Get Preapproved by VBSFCU. Apply online at www.vbsfcu.org, come into the office, or call us at 757.463.3650, option 1.

n Go Shopping using our Smart Search website. When you choose your vehicle the information we will need:

n Have the buyer’s order faxed to VBSFCU Loan Center

(757) 463-0106

n Invoice showing MSRP on new vehicle (can be a copy of the window sticker)

n Insurance verification – add the vehicle on to your insurance policy and have your insurance company fax us a copy of the policy showing Virginia Beach Schools Federal Credit Union as loss payee and full coverage insurance (collision and comprehensive coverage).