News & Resources

Credit union launches auto buying program for service personnel

Feb 07, 2011 Brian Bradley

Enlisted men and women will have an easier time purchasing a vehicle through a new program launched by the Navy Federal Credit Union. The provider, which works with military personnel, announced a new auto referral program that will simplify and increase savings on a new or used vehicle. Additionally, the program will provide VIP service to qualifying dealerships with established new and used vehicle pricing. "Navy Federal's Auto Buying Program will help us meet our members' growing demand for auto dealerships to provide a professional, seamless member experience," said Tony Gallardy, vice president of Navy Federal, in a statement. "We are excited to help our members get the best deal on their car purchase." Union members will receive an array of benefits, including low, pre-arranged pricing that will translate to increased savings for borrowers. Furthermore, auto buying specialists can provide "high-level assistance" during purchasing processes. Service personnel enrolled in the program can also receive financing education. Lastly, dealers with Navy Federal contracts cannot "flip" members to other auto financiers.