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What’s New? 

In Today’s Market, Your Leased Car May Be Your Best Buy!

Both Used & New Car Prices Are Currently High.

 

A car lease is designed to get you into the car you want at lower payments than a purchase. Normally, your lease buyout amount is higher than the actual value, but with low inventory and skyrocketing prices, if you like your leased vehicle, it may be the perfect time to buy it.

Advantages of a Greenwood Lease Buy-Out Loan:

  • Rates as low as 2.14% APR*
  • No damage or excess wear/tear charges
  • No shopping for a new/used car
  • Lower taxes than a higher-value new car
  • Easy automatic loan payments available

If a lease buyout is right for you, just call us at 401-562-2756 and we can review your options with you. If you know your lease buyout amount, you can apply online here anytime!

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Greenwood Credit Union

*Advertised Annual Percentage Rate (APR) is the lowest available. Interest rate will be determined by individual creditworthiness, term of loan and age of collateral. At the rate of 2.14% APR for 3 years, monthly principal and interest payment per $1,000 borrowed is $28.70. 2.14% APR is for up to a 3-year term on vehicles from 2019 to present. Other rates and terms available. Qualification restrictions apply.