Looking to purchase a car or truck? How about an RV, boat, or motorcycle to fuel your next adventure? Whether you want to refinance your current vehicle or purchase a new or gently used one, we offer a variety of financing options to put you in the driver’s seat.
Financing Your Next Car or Truck
Buying your first set of wheels? Current car on its last legs? Whatever the case, we offer a variety of financing options for new and used vehicles.
RV, Boat, Motorcycle, & Snowmobile Loans
Fun, fresh air, and family — it’s time to explore the great outdoors. Our credit union can help you finance your next camper, boat, motorcycle, or snowmobile.
Looking to refinance?
If you have equity in your vehicle and you want to borrow additional funds, let’s talk about refinancing. Based on our current rates and terms, we charge no additional fee for this. However, you will need to pay to file the lien on your title.
Loan rates
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Term |
APR as low as2 |
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1 All loans subject to approval. Rates, terms, & conditions are subject to change and may vary based on creditworthiness, qualifications, & collateral conditions. Payment example: a new auto loan of $12,000 for 60 months at 6.25% APR will have a monthly payment of $234. The rates and terms shown are effective as of November 1, 2022. |
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Term 36 months |
APR as low as2 6.25% |
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Term 48 months |
APR as low as2 6.25% |
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Term 60 months |
APR as low as2 6.25% |
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Term 72 Months |
APR as low as2 6.50% |
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Term 84 months |
APR as low as2 7.00% |
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Term |
APR as low as2 |
|---|---|
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1 All loans subject to approval. Rates, terms, & conditions are subject to change and may vary based on creditworthiness, qualifications, & collateral conditions. Payment example: new motorcycle loan of $10,000 for 60 months at 6.75% APR will have a monthly payment of $202. The rates and terms shown are effective as of November 1, 2022. |
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Term 36 months |
APR as low as2 6.75% |
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Term 48 months |
APR as low as2 7.25% |
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Term 60 months |
APR as low as2 7.75% |
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Term 72 months |
APR as low as2 7.75% |
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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. Payment example: new RV/boat loan of $12,000 for 60 months at 7.50% APR will have a monthly payment of $241. The rates and terms shown are effective as of November 1, 2022. |
|
|
Term 36 months |
APR as low as2 7.50% |
|
Term 48 months |
APR as low as2 7.50% |
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Term 60 months |
APR as low as2 7.50% |
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Term 120 months |
APR as low as2 7.50% |
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Term 180 months |
APR as low as2 7.50% |
Apply for a loan
FAQ
Our Financial Service Officers can help you figure that out. They will review your income and monthly expenses to pre-approve you, which is a free, no-obligation courtesy.
When financing an auto loan, our credit union will place a lien on 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.