A loan that works like a lease
If you’ve looked into leasing a vehicle or are just looking for a more economical way to own one, take a look at the Deere Employees Credit Union Payment Saver Auto Loan.
DECU’s Payment Saver loan gives you the best of both worlds. Like a lease, Payment Saver offers considerably lower payments than conventional financing. Yet, unlike leasing, with DECU’s Payment Saver loan you own the vehicle and have all of the flexibility and benefits that come with vehicle ownership.
There’s no security deposit, no acquisition fee, and no pre-payment penalties. Yet, like a lease, you pay only for the depreciation of your vehicle while you use it. And, at the end of the term, you can choose to refinance and keep your vehicle, sell it, trade it in on a new one, or return the vehicle at Loan Maturity (subject to inspection and mileage).
- No Capitalization Fees
- No Application Fee
- No Security Deposit
- No Up Front First or Last Payment
- Option to Sell, Trade, Finance Vehicle Anytime or
- Return Vehicle at Loan Maturity and simply “Walk-away”
- No Early Payoff Penalty
- 100% Financing with No Money Down
- Mileage² Options of 12,000, 15,000 and 18,000 Per Year Available
To estimate your vehicle payments, use our Payment Saver Auto Loan Calculator³.
Look how much you may save: $30,000 Vehicle loan, financed for 36 months
|Conventional Loan||Payment Saver|