DCU and CUDL®
How to Obtain DCU Auto Financing at Participating Dealers
CUDL (Credit Union Direct Lending) is a organization that works with auto dealers in New England to make credit union auto loans available where cars are sold. DCU participates with CUDL for the convenience of our members.
Note that neither DCU nor CUDL have agreements with dealers that affect vehicle prices. DCU does not endorse individual dealers. It is vitally important that you negotiate all aspects of the purchase as you would with any dealer. Our award-winning StreetWise Auto Buying Guide is designed to help you prepare for that process.
The CUDL (Credit Union Direct Lending) Auto Buying Program has all the tools to help you make an informed decision on your next new or used vehicle. They provide three easy steps on their web site.
- Research – search vehicles by make, model, and price. Invoice (Dealer invoice prices do not include local dealer advertising, which vary by region.) and retail (retail pricing is listed as MSRP or Manufacturers Suggested Retail Price) pricing are listed on every vehicle, providing you with all the information you need to negotiate the best deal.
- Request a Quote – After building your vehicle, request a quote. Your information can be submitted to up to five Auto Buying Program dealers who will contact you with pricing and availability on your terms and on your time.
- Credit Union Financing Right at the Dealership – When picking up your vehicle, identify yourself as a CUDL credit union member and request DCU financing through the CUDL system.
Updates are continuously being made to the CUDL Auto Buying Program that benefit DCU members. Many of these exciting enhancements are designed to provide you with an enhanced user experience. Below are some of the features that have been added to the CUDL web site:
- Power Circle Ratings – Receive the latest ratings and reviews on vehicles in over a dozen categories, including overall quality, performance, comfort, and style.
- Extensive Library of New Auto-Buying Articles – There are over 245 articles that will provide you with the very latest vehicle information to help research your next vehicle. Article topics range from buying tips, financing, safety, environmental impact, and more!
- New Vehicle Build Information – Have access to the latest vehicle images, rebate information, data and other information to build your new car.
- Certified Pre-Owned Program Data – Get the latest information on the manufacturer's certified pre-owned programs, warranties, inspections, and more.
- New Mapping Control – View enhanced dealer locator maps in New England with improved graphics so you can quickly and easily find CUDL dealers that have the car you're looking for.
Be sure to check back frequently for the latest CUDL web site enhancements and information!
Rates on DCU loans you open at participating dealers will be the same as what you would receive if you applied directly. DCU informs the dealer if you qualify for special discounts due to Direct Deposit and automatic payment method.
CUDL has an online dealership locator you can use to find a participating dealership. Participating dealers typically display the CUDL logo somewhere on site.
You can easily throw away $2,000 or more at the best car dealership or buying service if you don't understand the car business. Why? It's no secret that dealers are in business to make money. They often make more on the unwary buyer than they do on the savvy buyer. And their participation in Credit Union Direct Lending does not mean you will automatically get a good deal.
Let us help you become a savvy car buyer with unbiased consumer advice from the nation's foremost expert on dealership tactics – Remar Sutton. Visit our StreetWise Auto Buying Guide. Your wallet will thank you.
Get approved in advance with an Auto Loan Check
We recommend you purchase your car wherever you can negotiate the best deal. By applying up front for a DCU Auto Loan and obtaining an Auto Loan Check, you'll be ready to shop at any dealer with greater convenience. Some restrictions may apply, contact DCU for details.
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Digital Federal Credit Union
220 Donald Lynch Boulevard PO Box 9130 Marlborough, MA 01752-9130 508.263.6700 • 800.328.8797 |
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© 2009. Digital Federal Credit Union