New & used auto loans that get you on the road faster
In the market for a new or used vehicle? We can help you get where you need to go with affordable auto loan financing. Choice One new & used car loans offer competitively low rates and various terms to get you in the driver’s seat quickly and conveniently. You can view rates and apply, quickly and easily, right online. Plus, enjoy extra bargaining power by getting pre-approved before you shop!
Want more leverage at the dealership? Get pre-approved first. It’s one of the easiest ways to shop with confidence and negotiate from a stronger position.
Why members choose Choice One for auto financing
Here’s what you get with a Choice One new or used car loan:
- Competitive rates on new and used vehicles
- Flexible terms up to 84 months on new vehicles (and up to 78 months on used, depending on the vehicle)
- Potential to finance up to 110% of new vehicle value (helpful when you’re rolling in tax, tags, and certain add-ons)
- No early payoff penalties. Pay it off ahead of schedule without being punished for it
- Refinancing options if your current auto loan is with another lender
- Simple online application plus local support if you’d rather talk it through
Shop smarter with auto loan pre-approval
Pre-approval takes a lot of the stress out of buying a vehicle. With your financing lined up before you hit the lot, you can:
- Focus on the car, not the monthly payment guessing game
- Know your budget and stay in control
- Move faster when you find the right vehicle
You can get pre-approved online, by phone, or in person, and our team will help you land the best option for your budget.
Want lower payments on a newer vehicle? Ask about MAPS™
If you like the idea of driving something newer (or upgraded) while keeping monthly payments lower, Choice One’s MAPS™ Program is worth a look. It’s built to give you flexibility at the end of the term. Options may include refinancing, trade-in, or returning the vehicle.
Already have a car loan somewhere else? Refinancing could help
If your auto loan is with another financial institution, refinancing with Choice One may help you:
- Lower your monthly payment
- Reduce your interest rate
- Choose a term that fits your current budget better
Protect your purchase with GAP and extended coverage
GAP Plus (Guaranteed Asset Protection)
If your vehicle is totaled or stolen, insurance may pay the vehicle’s value, not necessarily what you still owe. GAP can help cover that difference. Plus, it helps you get into your next vehicle by reducing your loan at the credit union by $1,000.00.
Contact us today to learn more about adding GAP Plus to your vehicle loan so you can worry less about tomorrow. For more details or to download a Gap Insurance Brochure.
Disclosure and source:
*Car Depreciation: How Much Value Will a New Car Lose? CARFAX, Nov, 9 2018.
Your purchase of MEMBER’S CHOICE™️ Guaranteed Asset Protection (GAP), is optional and will not affect your application for credit or the terms of any credit agreement you have with us. Certain eligibility requirements, conditions, and exclusions may apply. You will receive the contract before you are required to pay for GAP. You should carefully read the contract for a full explanation of the terms. If you choose GAP, adding the GAP fee to your loan amount will increase the cost of GAP. You may cancel GAP at any time. If you cancel GAP within 90 days you will receive a full refund of any fee paid.
GAP purchased from state chartered credit unions in FL, GA, IA, RI, UT, VT, and WI, may be with or without a refund provision. Prices of the refundable and non-refundable products are likely to differ. If you choose a refundable product, you may cancel at any time during the loan and receive a refund of the unearned fee. GAP purchased from state chartered credit unions in CO, MO, or SC may be canceled at any time during the loan and receive a refund of the unearned fee. GAP purchased from state chartered credit unions in IN may be with or without a refund provision. If the credit union offers a refund provision, you may cancel at any time during the loan and receive a refund of the unearned fee.
GAP-2454900. 1-0319-0421©️ CUNA Mutual Group, 2019. All Rights Reserved.
Extended Maintenance Warranty
Choice One also offers extended warranty options to help protect you from unexpected repair costs, often at pricing that’s more favorable than dealer add-ons. Ask us about all the details or download an Extended Warranty Brochure.
Ready to apply?
You’ve got a few easy paths:
- Apply online (fastest)
- View rates (scroll down)
- Prefer help? Contact us, and we’ll walk through terms, add-on protections, and the right loan for your purchase.
*APR=Annual Percentage Rate. Rates shown are for qualified borrowers and are subject to change without notice. Rates shown include a .25% discount for auto deduct from a Choice One share or share draft account. Contact your credit union loan officer for complete details and current rates. Finance charges will accrue during the auto loan 90 day no payment option.
