Money Matters Fall 2020

JHFCU’s Year-End Car Loan Event Visi t jhfcu.org to nd out how you can earn a 1% rebate 1 with our Blank Check Loan 2 when you use it to nance your vehicle, or a $100 rebate for re nancing a vehicle from another lender with us. Plus, there are no payments for 90 days 3 with a new, used, or re nanced auto loan. 1 Rebate will be credited to member’s savings account within 30 days of loan disbursal. Rebate excludes guaranteed asset protection (GAP) insurance and/or warranty. 2 Accepted by franchised dealer (no private sales). 3 This option is subject to change or may be discontinued. By skipping your rst three payments, you extend your maturity date approximately three months. Credit insurance coverage you have on this loan does not cover any deferred payment. Since loan interest still continues to accumulate, your nal payment on this loan may increase. 2 MONEY MATTERS | Fall 2020 TrueCar ® JHFCU’s New Partner Starting this November, we will be partnering with TrueCar to provide the ultimate car-buying experience, with no-hassle online car shopping. Shop, research, and save time and money from the comfort of your home. Research the make and model, read reviews, and get pricing; then apply for your low-rate JHFCU Auto Loan—all in one place! What is TrueCar? TrueCar is an information and technology platform that enables its users to communicate with TrueCar Certi ed Dealers for a great car-buying experience. The mission is simple: make the car-buying process simple, fair and fun. Achieving this goal begins with analyzing the most accurate, timely and comprehensive pricing information available and then making it easy to understand and available to all, free of charge. This kind of pricing information will allow you to recognize a fair price based on what others actually paid. The result: consumers and dealers now have a guide that helps them establish a baseline of trust and agree on the parameters of a fair deal. Why use TrueCar? • It’s FREE – There is no fee to our members for using this services. • Get the real price – You get an upfront, personalized price from a dealer online, including manufacturer incentives and discounts. You know what you’ll pay for your new car before going to the dealership. • Guaranteed savings – Save an average of $3,572 off MSRP on new cars.* Browse new car dealer inventory and search pre-owned inventory, select the vehicle that is the best t, and receive a Guaranteed Savings Price. • Exclusive perks – Receive exclusive member-only manufacture incentives and/or member-only discounts, saving hundreds off the list price. • Certified dealers – Access a nationwide network of over 16,000 TrueCar Certi ed Dealers who share the belief that truth, transparency and fairness are the foundation of a great car-buying experience. • Over 700,000 pre-owned vehicles to choose from – Browse quality pre-owned vehicles and know the condition of the car before heading to the dealership. You are able to get free CARFAX®reports on qualifying vehicles. • Shop from home – Avoid visiting the dealer. Look for the “Buy From Home” badge when choosing dealerships to connect with. Apply for your JHFCU Auto Loan online and sign your documents electronically. * Average TrueCar Savings: $3,572. Between 1/1/19 and 12/31/19, the average savings off MSRP experienced by consumers who connected with a TrueCar Certi ed Dealer through the Frost Financial, Inc. Auto Buying Program and who were identi ed as buying a new vehicle from that Certi ed Dealer was $3,572. Your actual savings may vary based on multiple factors, including the vehicle you select, region, dealer, and applicable vehicle-speci c manufacturer incentives, which are subject to change. The MSRP is determined by the manufacturer and may not re ect the price at which vehicles are generally sold in the dealer’s trade area, as many vehicles are sold below MSRP. Each dealer sets its own pricing. Save an average of $3,572 on your next new car purchase.*