Anybody ever use NCSECU's car buying service?

I bought from.. cuabs..(credit union auto buying service). They are located in Winston Salem. Basically a car lot that only supported credit unions can use. Im a member of truliant fcu. Basically it's like carmax. You pay there price. There is no negotiating. So do your homework first on a car they have that you like. Check other prices. Craigslist, Local dealers etc. The reason I used the service is for one, the "deal I got" was a low interest rate through the credit union. Then I found a suv I liked on there website, which is full of pics. I called them and scheduled to see the car. The part I like is that they drove to my house which was 2 hrs away. I looked at the car and test drove it. We liked it, Then we signed papers at my kitchen table. If I didn't like it then the driver would take it back and bring another one. They will come to your work or home. They also take trade-ins and offer warranties. I've had a good experience and so have the guys I work with. Good luck
 
I have not used to service you speak of but I am a member of NCSECU. I bought a used vehicle from craigslist and getting the loan was very easy and straightforward. I got a great interest rate as well @ 4.75.
 
I haven't ever used their car buying "service" but have had a couple of used vehicle loans through them and they serviced it good, were easy to work with, and had a pretty good rate. Beyond that, I have no other help...
 
I used it to get preapproved for a new car purchase, and then used that as a negotiating tool to get an even better interest rate than the credit union has. 1.9% on a used honda ain't to bad.
 
Ok I am going to update this thread since I am trying it.

I went by the local SECU branch on Tuesday 4/8 to ask some questions about the program but they didn't know anything about it(other that it was handled online).
I then went online that evening and put what car I am looking for in and that I would have a trade in as well.
SECU calls/emails me by about 9AM the next about filling out a form about my car I would be trading in, basically it is like a Kelly blue book form about options/mileage/damage to car/any accidents, etc. I didn't get this finished until late Thursday since I was busy I then emailed the form back.
They email me on Friday to let me know that they have received the form and will get back to me asap about the car and trade in.

I havent heard anything today but I know I probably wouldn't since the car I am looking for is fairly rare in the trim package I am looking for. 2014 Ford Fiesta SE with the 1.0L ecoboost(SFE package) and the convenience package(i.e. Heated seats/mirrors/electric temp control).

I will hopefully hear something back by Wednesday about it, but I might get a quote on a Mazda 2 as well.
 
Ok update about the process.

I finally received a quote from SECU about the fiesta and it was where I kind of though it would be $16800 out the door(includes $2500 trade in). I received that quote on Thursday at about 430pm but they couldn't find one speced exactly like I wanted in the color I wanted. I then put in a request for a quote on a Mazda 2 at like 7pm Thursday night and got a quote at 1pm on Friday(Good Friday and SECU was closed). It was $13408 out the door with trade in.

I am not going to take either of the quotes since I can get a Mazda 2 for between $12500 and 13500 from a dealer in Knoxville(though Skyland said they could match any other Mazda dealers price and there is a dealer in Atlanta advertising a 2 for $12000 in the color I want) So I can do better on my own for the 2. Plus for the monthly payments on the fiesta I can get the 2 + insurance for the same price or a little less.
 
Jake. said:
So are you getting better than 4.75% elsewhere?
Click to expand...


Gosh I hope so.
My credit union is .75% on new cars for members and 1.75% for non members.

4.75 is rape on a new car loan right now (assuming you have good credit)
 
I have financed 3 trucks through SECU and have had very good luck using them. It is convenient for me that they automatically draft the payment out also at 4.75% on used vehicles.
 
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