Auto Loans

Auto Loans

Whether you’re buying your first car or your 10th, HealthCare Associates Credit Union (HACU) has the right auto loan for you. From low auto loan rates to car buying programs, we have all the services you need to buy your next new or used car.

Apply in online banking

Not a member? Apply & join ❯

3-step car buying journey

Whether you’re buying your first car or refinancing your current one, we’re here to guide you every step of the way.
Here’s how easy it is to get started.

01

Get preapproved

02

Shop around

03

Drive away happy

Apply in online banking

Not a member? Apply & join ❯

Auto loan options

Everyday auto loan

Unlock great rates on your auto loan while still benefiting from dealer rebates and incentives. Drive away in your dream car with a financing plan that suits your budget perfectly.

Apply in online banking Contact us

Not a member? Apply & join ❯

Auto loan as low as APR1 4.25%

Perks of an HACU everyday auto loan:

  • Low rates on new and used vehicles
  • Flexible terms up to 84 months
  • 100% financing
  • Make no payment for 90 days2
  • 0.25% member loyalty discount3

BuyersChoice auto loan program

Our BuyersChoice auto loan is a simple interest loan that gives you a leg up on your car's depreciating value once you drive away. It’s not a lease, but it gives you low payments like a lease and choices when your auto loan matures. You'll enjoy the freedom to sell, refinance, pay off the loan or even trade the vehicle in at the end of your loan term.

Apply in online banking Contact us

Not a member? Apply & join ❯

BuyersChoice auto loan as low as APR4 5.25%

Other perks of our BuyersChoice program include:

  • Conventional financing
  • Little to no down payment
  • No upfront fees
  • You own the vehicle with the title in your name
  • Higher mileage options (7,500, 10,000, 12,000, 15,000, or 18,000)
  • Loan terms up to 72 months
  • Walk away at loan maturity with no strings attached
  • Lower payments – up to 40% lower than conventional auto loans
  • Trade-in, sell, payoff or refinance at any time without any prepayment penalty fees
  • No higher insurance premium
  • Trade-in tax credit (varies by state)

First-time auto loan program

Buying your first car can be intimidating. We're here to help. We've created a program tailored to first-time car buyers with limited or no credit. Head to the dealership with confidence.

Apply in online banking Contact us

Not a member? Apply & join ❯

Perks of an HACU first-time auto loan:

  • Low rates
  • Manageable terms - up to 60 months
  • Excellent way to establish a credit history
  • Set up automatic loan payments from your checking account

Enhance your life with recreation at HACU

We know our HealthCare Associates Credit Union members work hard, and when it's time to play, they enjoy their toys!

Our competitive rates on loans for motorcycles, boats and RVs ensure that you can fully relish your seasonal recreation pursuits!

Apply in online banking Contact us

Not a member? Apply & join ❯

Recreational vehicles as low as APR5 5.55%

What others are saying

View All Testimonials ❯
❛❛

I’m 18 and was looking for a low-interest car loan. Once I found HACU, I didn’t look back. I got approved for a great rate and couldn’t be happier with my loan and my car. Huge thanks to Amber. She was so kind, patient and made the whole process quick and easy!

Tommy

❛❛

I received a prompt response to my online application. Stacy clearly explained the loan process, verified some information, and told me exactly what to expect next. As always, it has been a pleasure working with HACU staff—they are knowledgeable and pleasant.

Dana M.

❛❛

I appreciate that I can call HACU to discuss any project I’m considering, whether it’s home repairs or purchasing a vehicle that requires a loan. I do comparative shopping, and I always find that HACU offers the best rates and advice that truly reflects my best interest. This surpasses all other resources I’ve tried. I’m consistently very pleased with the rates I receive on loans at HACU.

Mona M.

❛❛

Jeremy N. was incredibly kind and helpful in processing my loan. He explained everything clearly and in detail. I truly appreciate all of his assistance—thank you so much!

Veronica V.

Auto loan FAQs

What types of vehicles can I finance?

We offer financing for a wide range of vehicles, including new and used autos, as well as motorcycles, RVs and boats. You can also refinance an existing auto loan to potentially lower your rate or payment.

Do you offer new, used and refinance auto loans?

Yes, we can finance your purchase of a new or used car, or help you refinance your current loan.

What interest rates and loan terms are available?

Please see our competitive current rates for auto loans with terms up to 84 months.

How do I apply for an auto loan?

Applying is easy. You can visit a branch, apply online or speak with a member of our Care Team for assistance.

How long does the approval process take?

Securing an auto loan can take as few as 24 hours.

Can I get preapproved before shopping?

Yes, apply online or talk to a member of our Care Team to get pre-approved and shop for your new (or used) car with confidence.

What credit score is needed to qualify?

Several factors are considered to secure an auto loan, including your credit score, your ability to pay and the value of your vehicle.

Can I refinance my current auto loan from another lender?

Yes, apply online or speak to a member of our Care Team if you're interested in refinancing your current auto loan.

Do you offer GAP or vehicle protection options?

Yes, speak to a member of our Care Team to learn more about our guaranteed asset protection (GAP) or other vehicle protection products.

What are the requirements for the first-time auto loan?

Buying your first car can be intimidating. We're here to help. We’ve created a program specifically designed for first-time car buyers with limited to no credit. To qualify, you’ll need to be employed with your current employer for at least six months, have a minimum monthly income of $1,500, and be able to provide a 5% down payment.

Are there penalties for paying off my auto loan early?

No, you are not penalized for paying off your auto loan early.

Ready to get started?

Apply in online banking

Not a member? Apply online ❯