Have you logged into the new Online Banking yet?
Have you logged into Online Banking since the Online Banking update on 8/18? If you haven't yet, we'll provide you some information that will help you get in for the first time.
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Buying out your lease with an auto loan
Are you buying out your lease?
What if you don’t want to give up the car you love at the end of your lease? With a Lincoln Park Community CU auto loan, you can keep it for good.
The first step is reviewing your original lease agreement to see how much it will cost to buy the vehicle. When you lease, the leasing company will set a residual value or a purchase option price for your car. The residual value is how much the firm estimates it will cost to buy your car in its current condition at the end of your lease. You’ll need to pay this amount plus any applicable taxes and fees if you decide to keep your vehicle. In addition, some leasing firms charge an administrative fee to cover their transaction costs.
- Our goal is to always keep rates competitive, saving you as much on interest as possible.
- Flexible terms are available.
- Unnecessary fees? Not here! We don’t charge a fee to buy out your lease.
Your savings are federally insured to at least $250,000, and backed by the full faith and credit of the United States Government.
Equal Housing Lender - We do business in accordance with the Federal Fair Housing Law and the Equal Housing Opportunity Act.
Lincoln Park Community Credit Union is committed to providing a website that is accessible to the widest possible audience in accordance with ADA standards and guidelines. We are actively working to increase the accessibility and usability of our website to all people. If you are using a screen reader or other auxiliary aid and are having problems using this website, please contact us at 313.389.2300 for assistance. All products and services available on this website are available at our office as well.