Auto-Buying Experience
Through a number of helpful online tools, we are able to offer you the resources vital to purchasing a new or used vehicle
FACT: In 1936, when the Credit Union was founded, the average cost of a new Studebaker car was $665, versus the average cost of $33,560 today.Source: USAToday.comVisit us online at AACreditUnion.org/auto or call (800) 533-0035 for more information.
AUTO DEALERS NETWORK Our online resource center is your one-stop source for comparison pricing information on both new and used vehicles, as well as detailed information on various makes, models, options and safety ratings. Together we can guide you to:• Make informed decisions on both new and used car purchases.• Research new auto pricing — both manufacturer invoice and Manufacturer’s Suggested Retail Price (MSRP) — so you can calculate the total price based exactly on the options you select.• Evaluate safety and EPA fuel economy ratings on new vehicles.• Research used-auto pricing — both wholesale and retail — so you can calculate the total price based on the options you select along with mileage allowance.• Determine what your trade-in is worth.• Locate vehicle information on all models using statistics that are updated monthly. All prices quoted are intended as general guidelines. Contact American Airlines Credit Union for specific information about loan values used for vehicle financing.A WORD FROM THE CEO
Ready for a fresh start
With the arrival of the new year, many of us are saying good riddance to 2020. I believe we all have high hopes and expectations for 2021, so perhaps our resolutions for this year have a different meaning or a greater sense of urgency than in years past.For many, 2020 dealt unimaginable personal and financial setbacks. For others, it meant putting dreams on hold — no big family gatherings, no bucket-list vacation.In my nearly 20 years of working for American Airlines Federal Credit Union, I’ve repeatedly witnessed the resilience of our members when faced with challenges. That fortitude assures me that this time will be no different — you’ll come back stronger than ever. And all of us here at the Credit Union remain committed to you, to stand by your side as you launch your next chapter.But beyond putting 2020 in the rearview mirror, 2021 is also special year for the Credit Union. In May, we’ll celebrate our 85th anniversary. When our founders first gathered in 1936, the goal of this fledgling financial institution was clear: Caring for our members. And despite more than eight decades of change, both good and otherwise, that mission has remained consistent.That also includes keeping our members informed, so you’ll find plenty of helpful information in this online edition of ™, including focusing on goals for the new year (Page 6); regaining a work-life balance (Page 10); growing professionally, financially and spiritually in 2021 (Page 12); getting back to basics with life skills (Page 16), avoiding peer-to-peer fraud (Page 48) and much more.I think our best days are ahead of us and no matter what 2021 may bring, we’re stronger and better off facing it together.All the best,
Gail Enda President & CEOBuying used?
Examine vehicle history.You found the vehicle that you want to buy, but do you know the vehicle’s history? Don’t buy a used car or truck without researching the vehicle’s unique Vehicle Identification Number (VIN).A Vehicle History Report (VHR) can expose several facts about vehicles that can substantially lower values and seriously compromise vehicle safety, including flood damage, salvaged ve- hicles (vehicles declared total losses by insurers, subsequently repaired and then issued salvaged vehicle titles), vehicles that have been stolen and subsequently recovered and vehicles with rolled-back odometers.
For more tips and information, visit a loan officer or call (800) 533-0035.
