NADA Vehicle Valuations
NADA Guides can provide you with pricing information for both new and used vehicles. When using this service, please keep the following in mind:
SCCU uses NADA pricing only for used vehicles. A used vehicle is any vehicle that has been previously owned (titled), no matter what the model year. The NADA pricing shown for new vehicles can assist you in finding an affordable vehicle and understanding the cost of various options, but it is not the pricing SCCU will use to determine the value of a particular vehicle for purposes of financing.
The rate you pay when financing a vehicle is affected by the loan to value for your particular loan.
The value provided by NADA for used vehicles that is closest to the value that SCCU will use when calculating your loan to value is the value shown for a "clean trade in."
The actual price of a vehicle is determined by a number of factors, including optional features that may be included on that particular vehicle. The more you know about the vehicle you are interested in, the more accurate the valuation will be. You will be asked to enter information on make, year, model, package identifiers such as LX or EX, and options.
The actual value for your vehicle will be evaluated when you apply for financing. The Vehicle Identification Number (VIN) number will be used to confirm the model and features for the particular vehicle being financed.
When using the NADA Guides site, please be aware that Space Coast Credit Union does not control the content on that site. The site includes advertising for various products and services. As you would on any site, be cautious in responding to advertising from companies with which you are not familiar.