New Auto Loans


A new auto loan can be made for the purchase of any vehicle if you are going to be the first owner of the auto, regardless of the current mileage on the vehicle. You have 30 days from the date of purchase to submit your application for the loan. If you have had the vehicle for more than 30 days and wish to refinance it, it would be considered a used vehicle loan.

The credit union can finance 100% of your vehicle purchase, but cannot exceed MSRP plus tax, license and documentation fees. So be careful that the dealer does not charge more than MSRP or if you add additional services such as extended service warranties or rust-proofing, as these could make your loan higher than the MSRP of the vehicle.

New autos may be financed up to 84 months (7 years).