MSRP stands for “Manufacturer’s Suggested Retail Price.” It’s the price a vehicle’s manufacturer recommends for a vehicle – before any discounts or promotions – that serves as a guide for negotiations between dealerships and customers.

The financing percentage refers to the portion of the vehicle’s price that NCPD Federal Credit Union
is able to finance. If you were to receive 100% financing, for instance, your loan would cover the
total cost of the purchase. If you were to receive 90% financing, you would need to provide a 10%
down payment.

Payment terms are the length of time that you’ll be repaying your vehicle loan. Longer terms tend to have smaller monthly payments that may be more affordable upfront, but you might pay more in interest over the life of the loan. Shorter payment terms might have higher monthly payments, but you typically pay less total interest.

NCPD Federal Credit Union prioritizes our members’ time and experience, so we offer several convenient ways to pay. You can enroll in Payroll Deduction, where your loan payment is automatically deducted from your paycheck, for the ultimate streamlined experience – or use Mobile Banking, Online Banking, or the Member Telephone System to make payments anytime, anywhere. You can also visit us in person at Mineola, Plainview, or a Shared Branching location to make a payment.