First Time Car Buyers

    Auto Loans

    Join the league of awesome car owners

    You've got a job and a paycheck. It's time to get your own car.

    • No parent signatures or extensive credit history required
    • Great rates and flexible terms
    • Applying is easy, approval is fast
      • Automatic withdrawal
      • Online and mobile banking
      • Your choice of payment schedule
      • Convenient payment options




    How much would my monthly payment be?

    Your monthly payment is based on several factors: the amount of the loan, the interest rate, and the term of the loan. We have an easy payment calculator to help you get an idea of what your payment might be like.

    What determines my interest rate?

    Your interest rate is based solely on your credit score.

    What is a credit score?

    A credit score is a number given by the three major credit bureaus that represents your history repaying debts. These bureaus evaluate your payment history as well as track any collections, judgments, or bankruptcies and then assign you a score.

    Where can I get a copy of my credit report?

    You can get one free copy of your credit report each year at Be aware that the copy of the credit report does not include your score for free.

    How long can my term be?

    Our First Time Buyer Program has a maximum term of 60 months, or 5 years. We can extend it to 63 months when you purchase GAP or a payment warranty.

    What is GAP?

    GAP stands for Guaranteed Asset Protection. GAP is intended to help you cover the remaining difference in your loan if you were to get in an accident and your vehicle is valued lower than what you still owe on the loan.

    Do you offer extended warranties?

    Yes! We go through Route 66 for our extended warranty programs. The price and coverage of each varies based on the vehicle and its mileage.

    What are the benefits of paying monthly versus bi-weekly?

    Both payment schedules work out to the same amount paid each year. The only difference is that a monthly payment schedule will make 12 payments (once each month) and a bi-weekly payment schedule will make 26 payments (once every two weeks).

    What is the difference between a loan and a lease?

    Loans typically have higher payments than leases, but the primary difference is that you own the vehicle. When leasing, your payment will be lower but you must return the vehicle after the lease ends. The biggest issue for most people is that a lease generally has limits on the mileage that is put on the vehicle each year. A lease might also charge for any wear and tear on the vehicle at the end of the term.

    How do I determine what is a “fair” price for a car?

    The easiest way to determine a value of a vehicle is with the NADA calculator. We look at the “Clean Retail” value when determining value for the loan.

    Where can I go to look at vehicles?

    You can look for specific vehicles or search through dealer inventories with AutoSmart.

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    Thinking of buying a car? You've got questions, we've got answers.



    Information and interactive calculators are made available to you as self-help tools for your independent use and are not intended to provide investment advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.