• Leasing, which offers low monthly payments but no ownership
• Traditional auto loans, which build equity but often come with higher payments

What if you didn’t have to choose?

The PaySaver Auto Loan from AmeriCU Credit Union is designed to combine the low monthly payments of a lease with the flexibility and benefits of ownership—giving drivers a smarter way to finance their next vehicle.

What Is a PaySaver Auto Loan?

The PaySaver Auto Loan is a lease‑like financing option that lowers your monthly payment by financing only the portion of the vehicle you’re expected to use—rather than the full purchase price.

Unlike a lease:

• The vehicle is titled in your name
• You maintain full ownership rights
• You keep your options open at the end of the loan

In short: you get the payment advantages of leasing without giving up control.

How PaySaver Keeps Monthly Payments Lower

With traditional auto loans, you pay down the full value of the vehicle over time. PaySaver works differently.

Here’s how it helps reduce your payment:

• Your payment is based on vehicle depreciation, not total cost
• A guaranteed future value (sometimes called a residual) is established at the start
• That future value isn’t included in your regular monthly payments

By financing less upfront, your monthly payment can be significantly lower than conventional auto financing.

Ownership Without Lease Restrictions

One of the biggest drawbacks of leasing is how restrictive it can be. PaySaver removes many of those concerns.

With a PaySaver Auto Loan:

• ✅ The title is in your name
• ✅ No security deposit or acquisition fees
• ✅ No early payoff penalty
• ✅ You can refinance, trade in, or sell your vehicle before the loan ends
• ✅ New and pre‑owned vehicles (up to five years old) are eligible

This flexibility is a major advantage over traditional leases, which typically limit what you can do with the vehicle.

Mileage Options That Fit Your Lifestyle

Like a lease, PaySaver includes mileage options—but with more breathing room.

AmeriCU offers annual mileage options up to 18,000 miles, making it easier for commuters or road‑trip lovers to stay within limits. Excess mileage charges are straightforward, with no hidden surprises.

What Happens at the End of the Loan?

This is where PaySaver truly stands apart.

At loan maturity, you can choose the option that best fits your situation:

1. Keep the vehicle
   Pay off or refinance the remaining balance and continue driving it.
2. Trade it in
   Put the value toward your next vehicle.
3. Turn it in and walk away
   If the vehicle meets program guidelines, you can return it and avoid the remaining balance—similar to a lease, but without the limitations.

You’re never locked into a single outcome.

Who Is a PaySaver Auto Loan Best For?

This loan option is especially helpful if you:

• Want lower monthly payments without committing to a lease
• Like upgrading vehicles every few years
• Don’t want to risk negative equity
• Prefer flexibility over long‑term lock‑in

It’s a great solution for drivers who value predictability—but still want choices.

A Smarter Way to Finance Your Next Vehicle

The PaySaver Auto Loan offers a balanced approach to auto financing—combining affordability, flexibility, and ownership in one program. If you’ve ever wished leasing gave you more freedom, or traditional loans offered lower payments, this may be the option you’ve been waiting for.

To explore current rates, calculate potential payments, or see if your next vehicle qualifies, visit AmeriCU’s PaySaver Auto Loan page.