This is tied to the Invest in America program, which gave credit union members across the country the opportunity to buy GM or Chrysler vehicles at discounted prices. GM offers 5% discounts along with $250 off the price of most vehicles, while Chrysler offers $500 and $1,000 discounts, depending on the vehicle.
Members of Navy Federal will have these deals on top of the low loan rates available through new-car loans. Navy Federal has 3 million members from the military and civilian personnel who work for the Department of Defense, and it says it remains on firmer financial ground because it hasn’t made the risky investment mistakes that many banks have.