- Borrow
- Auto
We do everything we can to make buying a car as painless as possible, whether you're looking for a new or used vehicle.
Refinance Your Auto Loan
Are you paying too much for your car or truck? If you’re not happy with your auto loan, refinancing might help you find a loan with better terms. Depending on your situation, you may be able to:
- Lower your monthly payment
- Reduce your interest rate
- Pay your car or truck off faster
Loan Protection Options
Loan protection may help to keep your bills up-to-date, deal with the loss of a loved one, and may even assist with the loans associated with your vehicle. As a CU1 member, we’re here to help protect you and your family. We've made it easy for you to protect your financial well-being with loan protection options that can help give you peace of mind.
Guaranteed Asset Protection (GAP)
If your vehicle is deemed a total loss due to an accident or theft, there can be a significant gap between what you owe on your loan and what your auto insurance will cover. Guaranteed Asset Protection may help make up the difference.
- GAP may reduce or even eliminate the shortfall in the event your vehicle is deemed a total loss
- GAP Plus can help reduce your next loan at the credit union, making it easier to get the replacement vehicle you’ll need
- Claims are subject to product maximums and limits
- The GAP fee can be added to the total amount financed by the new loan
Mechanical Breakdown Protection
Manufacturer’s warranty on your vehicle expired? No worries! Pay for covered repairs on new and eligible used vehicles. This coverage is excellent for dealing with unexpected vehicle repairs.
- A choice of protection levels with various deductible options and term/mileage plans
- Hassle-free claim payments made directly to the licensed repair facility
- Coverage may be transferred if the vehicle is sold to a private party
- The premium can be added to the total amount financed
- Coverage can be added at any time, within mileage requirements
Access your purchasing power when you prequalify for an auto loan with CU1.*
*Credit Union 1 uses a soft pull of credit to determine your offer, which won’t affect your credit score. If you take advantage of the offer presented, your full credit report will be pulled at that time. All loans are subject to Credit Union 1 lending policies. Offers, rates, and terms are subject to change.