New, Used, Refinance — same low rate auto loans from RBFCU
If you’re shopping for a new or used vehicle, looking to save more on your current vehicle or want to see what options you have for future purchases, we have you covered at RBFCU. Apply online and see how easy it can be!
Buying a new or used vehicle
Whether you’re shopping for a new or used vehicle, you’ll get the same great rate with an auto loan from RBFCU.
Refinancing your current loan
Bring your loan from another financial institution over to RBFCU and start putting money back in your pocket.
Vehicle title and registration
An important part of buying or selling your vehicle is the title and registration. Let us help, find more information here.
How do I apply online?
Applying for an auto loan is quick and easy. This step-by-step guide can help you get your application submitted in no time.
Vehicle lease buyout
After leasing a vehicle, you may decide that you would like to keep it. You have the option of buying out the lease. Here are some things to consider.
You can also secure additional coverage and warranties for your vehicle maintenance and loan protection needs. These coverages are provided through RBFCU, so if you are interested in adding them, please click the link below or contact RBFCU’s Consumer Lending Center.
Credit insurance can help you make sure you’re covered if you can’t make payments because of unexpected illness or injury.
Mechanical repair coverage
The miles can add up, but the repair costs don't have to. Unexpected repairs can happen after your factory warranty expires. MRC can help you limit the cost of covered breakdowns.
What to expect when you're applying for an auto loan
1. Fill out your application
If you choose to finance (or refinance) with RBFCU, you’ll submit an application with the details regarding your vehicle, your personal information and your finances.
- Information about your current vehicle (if you are refinancing or already have found a specific vehicle to purchase) — vehicle identification number (VIN), make, model, year and mileage
- How long you want to finance your loan (term length)
- Your current employment and income information
- Contact information (phone number and email)
- Information about any joint borrowers you would like to include on the auto loan (including date of birth, address, income and employment, Social Security number and contact information; if applicable)
2. Get a decision
3. Finalize your loan
Prior to finalizing, provide your vehicle information (VIN, make, model, mileage). RBFCU will let you know if additional information or paperwork is needed. Once all required information has been approved, you’ll be able to finalize your loan.
Looking for a different type of vehicle? RBFCU also offers financing for:
Auto Loans FAQs
How do I record the title and lien for my auto?
For instructions on processing your title and lien for your vehicle when purchasing from a dealer, via lease buyout, a private seller or refinancing from another financial institution, please follow our Title and Lien Recording Instructions.
Do I have to be a member to get an auto loan with RBFCU?
How soon will I know if my auto loan application has been approved?
A decision will be made on your loan application and you will be notified typically within one business day. RBFCU members can also check their loan’s status by signing in to their Online Banking account.
When do I make my first auto loan payment?
Qualified borrowers may choose a first payment date up to 60 days from the date the auto loan is finalized. You can specify your preferred date to your lending specialist (e.g., the first of the month, etc.) before signing your loan documents.
Are there any vehicles that RBFCU does not finance?
RBFCU does not finance salvaged or reconditioned vehicles.
For qualified members only. Auto loans are subject to credit review and approval. Rates are subject to change without notice. Interest will accrue during the deferment period for the 60 day no payment option. Some restrictions may apply. For complete details, contact the Consumer Lending Center.