Vehicle

In the market for a new or used vehicle?

Get pre-approved for your new or used vehicle loans before you shop!

Metco Credit Union provides pre-approval for auto loans, allowing you to know the loan amount and terms you qualify for before visiting a dealership to negotiate the vehicle purchase.

There are lots of reasons why it pays to work with Metco Credit Union for your vehicle loans. Our lenders will advise you on:

1. The price of the autoe you’re buying. Buying used? While you’re shopping, it is helpful to look up the value of the car that you are interested in at Nada Book Values.
2. How much you can afford to spend on your new vehicle: You need to know which vehicles are in your budget. A preapproval will give you detailed information such as your interest rate, maximum loan amount and what your monthly payment will be so you can make the best decisions when shopping for your new vehicle.
3. The lower cost of Metco’s optional GAP & Extended Warranty coverage: Metco offers these optional programs at a lower cost to our members.

When you borrow from Metco Credit Union, you can always expect:

• Competitive auto loan rates
• Valuable pre-approval for the maximum qualified vehicle loan amount
• Easy payment options like automatic transfer or Direct Deposit
• 100% financing (no down payment required)
• Metco will loan up to 115% of the retail value of the car, truck, SUV or other vehicle depending on your credit history and the age and condition of the vehicle
• Terms up to 72 months
• Affordable auto loan protection options: GAP & Debt Protection Warranty
• Affordable vehicle protection services: Vehicle Protection Plan & Extended Warranty packages

Already have a vehicle loan with another lender?

Refinancing your loan with Metco is easy & could save you THOUSANDS of dollars!

Already financed your new vehicle through the dealer and took their rebate offer?

That’s OK! Typically after making a few payments, you can refinance your loan to our lower rates and KEEP the rebate!

See why auto buyers rely on Metco Credit Union in Cedar Rapids! Apply securely online at the links provided or contact our loan department to talk to one of our lenders.