Photo of a white car driving down a road at sunset.
Buy or refinance your vehicle with Clearwater

You've been pre-selected for a new auto loan or refinance*

Apply now
Decorative Icon

Low Rates

We offer a variety of financing options for new and used vehicles. Take advantage of our rates as low as 2.9%** APR, now through September 30, 2021.

Decorative Icon

No Origination Fee

Save money with no origination fee****

Decorative Icon

Get $50

Open a checking account with us and get $50***

PRESCREEN & OPT-OUT NOTICE: This “prescreened” offer of credit is based on information in your credit report indicating that you meet certain criteria. This offer is not guaranteed if you do not meet our criteria including providing acceptable property as collateral. If you do not want to receive prescreened offers of credit from this and other companies, call TransUnion at 1-888-567-8688 or visit the website at www.optoutprescreen.com; or write TransUnion Opt-Out Request PO Box 505, Woodlyn, PA 19094-0505.

*Refinance your vehicle loan from a different financial institution.
**APR = Annual Percentage Rate. All loans subject to credit approval, collateral, and verification based on income. Rate based on credit. Other rates and terms are available.
***Applies to new members or current Clearwater members without a checking account.
****Lien filing, title search, and third-party fees apply.

Your monthly payment is calculated based on your term. A longer-term will save on your monthly payment, but you’ll pay more in interest over the life of your loan. Rates displayed are available for refinancing or new purchases.

Auto (New and Used)1
Auto (New and Used)1

Term

APR as low as2

1 All loans subject to approval. Rates, terms, & conditions are subject to change and may vary based on creditworthiness, qualifications, & collateral conditions.
2 APR = Annual Percentage Rate.

Payment example: new auto loan of $12,000 for 60 months at 3.50% APR will have a monthly payment of $218.00.

The rates and terms shown are effective as of May 23, 2022.

Term

36 months

APR as low as2

3.50%

Term

48 months

APR as low as2

3.50%

Term

60 months

APR as low as2

3.50%

Term

72 Months

APR as low as2

3.75%

Term

84 months

APR as low as2

4.25%

FAQ

When financing an auto loan, our credit union will hold the title of the vehicle as collateral until the loan is paid in full. Loans for new cars usually have a term of three to seven years, while for used cars, it’s usually two to four years.

Dealerships sometimes offer low loan or lease rates on certain models. These are usually promotions underwritten by the manufacturer in order to boost the sale of that model. Sometimes you have to meet conditions in order to qualify; for example, you may need to:

  • Make a larger down-payment
  • Agree to a shorter term of loan
  • Meet a higher credit rating
  • Pay an extra fee to participate

If this option makes sense for you, great! But if you don’t qualify for a promotional rate, or if you want to obtain financing from Clearwater Credit Union for any other reason, just ask your dealer. In many cases, you can apply for a loan with us right from the dealership.

If you’re purchasing a used vehicle from a private party, we encourage you to do due diligence:

  • Research the value of the vehicle from independent resources, like NADA or Carfax.
  • Get a pre-purchase inspection from a mechanic you trust to identify any issues and prepare you to negotiate more effectively.
  • Gather info on the insurance and maintenance costs you’ll be facing, and budget for them appropriately.

Find out about insurance discounts from TruStage