Auto Loans
 

New and Used Auto Loans
Whether you’re buying a new or used auto, in most cases you can get one low rate on your loan through Las Colinas Federal Credit Union. Be sure to check with us first for a pre-approved loan before you go shopping.

Do you already have an existing loan with another financial institution? No problem! We can help you refinance your current loan. Refinancing allows you to take advantage of our great, low rates and easy terms. In most cases, we can reduce your current interest rate, give you a lower monthly payment and save you money!
 
Our New and Used Auto Loans offer the following value added features and benefits:
 

Guaranteed Auto Protection (GAP) Insurance

Because most full coverage insurance policies cover only the actual cash value of your vehicle – something that rapidly declines – you could easily owe more on your loan than your car is worth if your car is totaled in an accident or stolen and not recovered!

Available for both new and used vehicles, GAP protects you from financial loss when you need it most – when your car is “totaled”. GAP pays the difference between your insurance settlement and the unpaid net balance of your loan. GAP will even cover your insurance deductible, up to $1,000.*

This great protection is available for only $325, and can be added to your loan -- WITHOUT increasing your monthly loan payment. So don’t get caught upside-down, get GAP on your loan today!
*GAP settlement subject to terms and condition of contract
 

Mechanical Breakdown Insurance (MBI)
Is your vehicle nearing the end, or worse, out of its factory warranty period? Car repairs can be expensive and inconvenient! You may think it is too late to get an extended warranty for your vehicle….

The good news is that your credit union offers comprehensive, extended mechanical coverage on most new and used vehicles. You can even add the cost of the warranty to your credit union auto loan - WITHOUT increasing your monthly loan payment.

Las Colinas Federal Credit Union extended warranty plans provide the same type of coverage, but are usually HUNDREDS of dollars less than profit-driven, dealer warranty plans! Additional benefits like 24-hour roadside assistance, rental car during repairs and more are also included. Take your vehicle to the repair facility of your choice, and payments are made directly to the repair facility – which means little or no out of pocket expense for you.
Contact a Loan Officer today for a free quote.