Check out the NEW
AutoSMART center

1. Get Pre-Approved! LM Federal can finance the purchase of a new vehicle or used vehicle up to seven years old. We can also refinance vehicle loans currently with other lenders. Credit pre-approvals, 100% financing and repayment terms of up to 7 years are available. Dealer purchases may be completed with Autodraft, a pre-approved convenience check that may be used to create your loan right at the dealer. Click here for rate information. Apply online!

2. Is Loan Credit Insurance Right For You? Protect your payment and credit with low-cost credit insurance through Transamerica. Credit Life or Disability that will repay your loan if you become disabled or in the event of your death. There are no medical questions or forms to complete. For additional information, speak to one of our Loan Specialists by calling 800-410-0501 (option 2) or e-mail loans@lmfcu.com. 

3. Research Vehicle Pricing, Values, Safety, Recall & Efficiency Information on AutoSMART!

• New/Used & Certified pre-owned online dealership inventory.
• Ability to request a quote on a specific new or used vehicle.
• The quote is sent to multiple dealerships.
• Build your own new vehicle and request a price quote.
• Ability to perform a side-by-side comparison of several vehicles.
• Updated JD Power ratings and vehicle reviews.
• New and used vehicle pricing (used values from NADA).
• Extensive Vehicle specifications, factory warranty, recalls and Technical Service bulletins.
• Integrated Credit Union loan rates, lending program information and our online loan application.
• Ability to purchase a Carfax vehicle report online with a credit or debit card.
• Extensive vehicle, credit and credit score tips, financial calculators and advice articles (currently 106).
  

Get vehicle safety, rollover and crash test information and see if a vehicle was included in a safety recall at the U.S. Department of Transportation's website www.safercar.gov. Also, research fuel mileage information at www.fueleconomy.gov. Stop by our office to review the Consumer Reports new and used vehicle reviews and repair ratings to determine which vehicle is best for you.

4. Vehicle Extended Warranties: Did you know that one in three vehicles has a mechanical failure in a given year? J.D. Power & Associates reports that the average 2007 model car has 125 problems per 100 vehicles. We are pleased to offer affordable Mechanical Breakdown Protection coverage through Route 66. Plans start around $1,100. There are different plans and different levels of coverage. Warranties are available even if your loan isn't with the Credit Union. Contact a Loan Specialist for details.

• $0 Deductible
• Nationwide Coverage
• Includes 24/7/365 Emergency Roadside Service
• 30 Day Money-Back Guarantee
• Transferrable
• Total Loss Refund (if the vehicle is lost in an accident)
• Available on most 2000 or newer models with up to 100,000 miles)

  The Emergency Roadside Service Includes:

• Towing
• Flat Tire Assistance
• Battery Jump Starting
• Lock-Out Service
• Fuel & Fluid Delivery and Minor Adjustments
  

5. Find Out If You'll Have a GAP - Guaranteed Auto Protection: Will your insurance pay off your loan if your car is totaled? GAP protects you financially if your vehicle is totaled or stolen.

Most People Learn About GAP Risk the Hard Way! Most people believe that if their vehicle is totaled or stolen, their primary insurance will pay off their loan balances. Well, think again! If your vehicle is totaled or stolen, your primary insurance carrier will usually pay only the actual cash value (current market value) of your vehicle less your deductible. This amount could be substantially lower than your loan balance. The final result is a financial GAP where you must pay the difference between your loan balance and your insurance settlement, which could mean thousands of dollars out of your pocket. That's why many owners have chosen GAP (Guaranteed Auto Protection). GAP coverage eliminates the out-of-pocket expense you would incur to pay off your loan should your vehicle be stolen or totaled.

Car-Shopping or Refinancing? Speak to one of our loan specialists about purchasing GAP by calling 800-410-0501 (option 2) or by email (loans@lmfcu.com). The current cost for GAP for LM Federal members is only $269 and can be financed in your auto loan. We dare you to ask the dealer what they charge for GAP! Most dealers charge between $400-$700 for the same coverage!

6. If Buying Used, Find Out More with CarFax: Carfax vehicle history reports provide the first step in protecting yourself against buying a used vehicle with costly hidden problems. Carfax searches its nationwide database and provides a detailed vehicle history report in seconds. Get up to 2 FREE Carfax reports if you are pre-approved for a vehicle loan.

7. Don't Get Played by the Dealer: Purchasing a vehicle can be a nerve wracking and difficult task. Once you are pre-approved for an auto loan. Feel free to ask our Loan Specialists for tips on purchasing your vehicle.