Car Loan Rate Depends On Vehicle’sEngine

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FLINT, Mich. - (12/28/05) Security FCU here is offering specialauto financing on very specific vehicles-those powered by a Vortec4.2 liter, six-cylinder engine. The reason: the power plant isbuilt by General Motors’ Flint Engine South plant here. Onqualified vehicles, the credit union is offering aone-percentage-point discount on its current auto rate. Inaddition, the credit union is also offering the deal on a number offull-size, heavy duty trucks, including the Chevrolet Silverado andGMC Sierra, which are also built locally. The credit union said thediscount could save a member several hundred dollars over the lifeof a loan. SFCU is offering rates as low as 3.99% with thediscount. Among the vehicles powered by the engine: the ChevroletTrailBlazer, GMC Envoy, Buick Rainier, and Saab 9-7X sport utilityvehicles. As an additional premium, Security FCU is also offering10 free car washes through a local car wash.

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