Premier Credit Union Car Loans for a Smarter Way to Finance a Vehicle

At Premier Credit Union, you can get pre-approved for a car loan with a quick and easy online application process, which can be completed in as little as 10 minutes.

Their auto loan rates are competitive, with rates starting as low as 4.5% APR, making it easier to own the vehicle you want without breaking the bank.

With Premier Credit Union's car loans, you can borrow up to 125% of the vehicle's value, giving you the flexibility to choose the vehicle that fits your needs and budget.

By choosing a car loan from Premier Credit Union, you can save money on interest and fees compared to other lenders, making it a smarter way to finance your vehicle.

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With Premier Credit Union car loans, you have the flexibility to choose the payment due date that suits your schedule, giving you control and peace of mind.

You can choose from loan terms available up to 84 months, allowing you to create a timeline that perfectly suits your unique financial situation.

For new vehicles, Premier Credit Union can finance up to 125% of the invoice value, and for used cars, they can finance up to 125% of the NADA book value (clean retail).

The interest rate on a Premier Credit Union car loan is competitively low at only 7.5% (7.76% APR), offering members an affordable way to finance their next vehicle.

With a Premier Credit Union car loan, you own the car from day one, giving you the freedom to sell or upgrade whenever you wish.

You can pay off your loan early or increase your repayments at any time, all without penalty.

Here are some of the benefits of a Premier Credit Union car loan:

With a 30-day rate lock on pre-approvals, you can shop around with confidence, knowing that your interest rate won't change.

At a premier credit union, you can enjoy lower interest rates compared to traditional banks, with some rates as low as 3.75% APR.

This means you'll save money on your loan payments, which can add up to thousands of dollars over the life of the loan.

Credit unions are member-owned, not-for-profit organizations, so they can offer more competitive rates because they don't have to answer to shareholders.

You'll also have the flexibility to choose from a variety of loan terms, such as 36, 48, or 60 months, to find a payment plan that fits your budget.

With a premier credit union car loan, you can enjoy a lower debt-to-income ratio, which can help you qualify for better loan terms in the future.

As a member of the credit union, you'll also have access to exclusive benefits, such as free financial counseling and identity theft protection.

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You can save money on your car loan by taking advantage of our credit union's low interest rates, which can be up to 2% lower than other lenders.

Our credit union offers a range of savings programs that can help you pay off your car loan faster, including our "Round-Up" program, which rounds up your daily purchases to the nearest dollar and puts the change into a savings account.

By saving a little each day, you can make a big difference in the long run, potentially saving hundreds or even thousands of dollars over the life of your loan.

Having more money in your pocket is a great feeling, and there are ways to make that happen. No pre-payment penalty means you don't have to worry about extra fees if you need to pay off your loan early.

You can also save money by avoiding application or origination fees altogether.

No annual fee is a bonus, giving you even more of your hard-earned cash to spend on what matters to you.

Here are some ways you can save money:

The First-Time Buyer Program is a game-changer for those looking to purchase their first car. This program is designed for applicants with no credit score or limited credit history, and it offers manageable terms and rates as low as 5.99% APR.

To qualify, you'll need to meet certain requirements. You must have worked for at least one year at the same employer, with no gap in employment, and have a current paystub to verify your income. Additionally, you'll need to have a down payment of 5% or more in cash or trade, and proof of insurance.

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The car itself must also meet some criteria. It must be 15 years old or newer, and have less than 150,000 miles on it.

To ensure you're eligible for the program, it's essential to calculate your debt-to-income (DTI) ratio. This involves dividing your total monthly debts (including your loan payment) by your gross (total) monthly income. Your DTI ratio must be less than 40% to qualify.

You can finance up to 125% of your vehicle's value with a premier credit union car loan.

Our rates are competitive, with some loans starting as low as 3.99% APR.

You'll need to make a down payment of at least 10% of the vehicle's purchase price.

We offer loan terms ranging from 24 to 84 months.

You can apply for a car loan online, by phone, or in person at one of our branches.