First-Time Car Buyer Program
Just starting out? Get rolling with our First Time Car Buyer program
If you are new to vehicle financing, it's easy to feel overwhelmed. Rest assured, we are here to empower you and guide you towards securing the perfect auto loan. If you are looking to purchase a vehicle without the stress of dealing with a complex financing journey, our first-time car buyer program is designed to streamline this experience for you.
We'll put you in motion
There's no pressure from dealer financing because Education First handles everything. Plus, you can build up your credit score while paying off your auto loan at our great rate. Win-Win!
- Finance up to $25,000
- Financing available up to 95% of the NADA value
- Competitive rates
- Repayment plans for up to 60 months.
- May be eligible to refinance at a lower rate after one year of on-time monthly car payments.
Auto Loan Calculator
Use Education First FCU's Vehicle Payment Calculator and determine your payment by calculating the purchase price, the loan term, and the interest rate of the loan.
AutoSMART
AutoSMART is a one-stop shop for stress-free car shopping, comparing prices from various dealers, and even applying for financing.
Dash!
Dash! is an online payment platform that makes paying your Education First FCU loan from an external account quick and easy.
Insurance
Why leave the future to chance? Our comprehensive insurance solutions can secure a bright and assured tomorrow for you and your family.
First-Time Auto Buyer FAQs
- If you have never financed a vehicle before, you may be eligible for a First-Time Auto Buyer loan.
- No Credit? No biggie. A cosigner can guarantee your loan.
- Proof of full-coverage insurance is required prior to funding
- Your monthly payment is determined by several factors, including your loan amount, term, and interest rate. Utilize our Calculate a Vehicle Payment calculator to get you started.
All rates and terms are subject to change without notice. Loan rates are subject to credit approval and based on individual creditworthiness, amount financed, loan term and vehicle characteristics. Your Annual Percentage Rate (APR) will be based on your specific situation. View our auto loan rates here
Handy Tools at Your Disposal.
Calculate your budget, see and compare the latest rates and discover what perks you gain for being a member of Education First Federal Credit Union.
Calculate the best auto loan amount that fits your budget.
Check current rates and find out which ones adhere to your loan type.
When you want a better place to hold your accounts and grow your money, Education First is at the head of the class.