The open road is calling!
Central One makes the car shopping process quick and hassle-free. With rates as low as 2.99 % APR* for a new or used vehicle, or to refinance your current loan, you know you're getting a great deal! Purchase a new hybrid or electric vehicle and receive a .25% discount.1
Shopping for a new or used vehicle? Let our complimentary Auto Advisor Car Buying Service find you the best deal on the make and model vehicle you want. They can even save you money from the dealer add-ons including GAP insurance and extended warranties. Get started with Auto Advisor today!
Buying your first car is a major milestone. Central One can help save you time and money. We'll help you navigate finding that perfect car with our complimentary Auto Advisor Car Buying Service which takes the stress out of shopping. First time buyers also receive a special discount on your auto loan. Compare our rates for used and new cars before you sign! Before you get started, learn about the ins and outs of car buying.
First Car Loan Benefits
- Up to 1% reduction on your auto loan rate†
- No credit history required2
- Finance up to 100% of the vehicle value2
†Minimum rate is the current lowest advertised rate, 2.99% APR.
2. Down payment and/or cosigner may be needed.
Pre-approved Loan Check Program
Not sure what car you want to buy? No problem! Get pre-approved with Central One and receive a blank check that can be used at any franchise dealer. Take up to 90 days to shop for your perfect vehicle and purchase that day!
Calculate your auto loan payment
|Term||APR as low as||Est. Payment|
|24 months||2.99 %||Calculate|
|36 months||3.99 %||Calculate|
|48 months||4.12 %||Calculate|
|60 months||4.24 %||Calculate|
|72 months||4.99 %||Calculate|
Rates effective as of 2/1/2023 Rates listed above are for personal use vehicles only. Commercial use vehicles rates may be higher.
Start your Auto Loan Application today!
Submit an application
To start the process, submit an application online 24/7, call a member support representative at 800-527-1017, or visit your local branch.
We will process your application and notify you when your pre-approval is completed, usually the same day. Borrowers with a minimum credit score of 660 or higher may be eligible to shop with a Central One pre-approved blank check.* Credit scores below 660 are still eligible for vehicle loans.
Ask a Representative for more details.
Need help shopping for a car?
Don't car shop alone! Central One will provide you with an expert Auto Advisor to help you shop. The advisor will contact multiple dealerships to find the perfect car, negotiate price, then accompany you to the dealership. We'll even help with the paperwork!
Members who use the service save money by ensuring a great car price, but also by knowing the facts about the dealer "add-ons".
Need insurance coverage?
Get your insurance quote from Oak Tree Insurance and take advantage of special member discounts. Oak Tree compares coverage, rates and services from several carriers to find you the best policy customized for your needs. Request a quote today!
Ways to save you more
Guaranteed Asset Protection (GAP)
In the event of an accident in which you've totaled your car, GAP insurance covers the difference between what a vehicle is currently worth (which your standard insurance will pay) and the amount you actually owe on it. The difference between this value and the balance is the GAP. To learn why GAP insurance is right for you, CLICK HERE
Motor Vehicle Acquisition Plan (MAP Loan)
This program combines the best features of a lease with the advantages of vehicle ownership. Whether you are buying a new or used vehicle or refinancing your existing auto loan, this program can save you money.
- Vehicle title is in your name - you own the vehicle and are free to modify it or customize it how you wish, unlike a lease.
- Pre-approval is available
- New and pre-owned vehicles up to 5 years old qualify**
- Flexible terms available
- No security deposit, acquisition fees or first payment required at signing
- Sell or trade in the vehicle at any time, just pay off the loan balance with no pre-payment penalty and no early termination charges.
- Annual mileage options of 7,500, 10,000, 12,000, 15,000 and 18,000 available
- At the end of the term, you can refinance and keep the vehicle, sell it, trade it in, or turn in the vehicle***
Get a quote to compare costs to a conventional loan and make an informed decision as to which loan program best fits your needs or apply now to get started today.
Mechanical Repair Coverage can provide essential protection against unexpected repair costs.
- Rental reimbursement: up to $35 per day (5-day maximum, 10-day maximum for parts delay); available on the first day of a covered repair
- 24-hour emergency roadside assistance: up to $100 per occurrence; includes towing, battery jumpstart, fluid delivery, flat tire assistance and lock-out service
- No out of pocket expense (except for any deductible): the administrator pays the repair facility directly for the covered repair
Central One borrowers may qualify for loss of life, disability and unemployment security protection on their Central One loans.
Our Member Protect program provides relief in the event that you lose your job due to no fault of your own, become disabled due to injury or illness, or pass away. This is a voluntary loan-payment protection product that helps you get relief from the financial burden of delinquency, default, or foreclosure if a protected life event unexpectedly happens to you. LEARN MORE
1. Subject to creditworthiness. Other significant terms apply. Program subject to change at any time without notice. For more information, ask a Representative for details. Cannot go below our lowest published rate.
*Annual Percentage Rate
**Motor Vehicle Acquisition Plan is only available for non-commercial passenger vehicles.
***If you opt to turn in your vehicle at the end of the term, a disposition fee of $395.00 will apply.
New and Used Auto Loan Disclosure: Copy of purchase and sale agreement required. Rate may be adjusted for vehicle age or high mileage vehicles. Qualified borrowers with A+ or A credit may borrow up to 120% of the NADA retail value. Stated rate assumes term of 24 months and LTV under 75%, includes a 0.25% discount for Direct Deposit and Electronic Loan Payment and an additional 0.25% discount when deducted from a Central One Premium Checking account. Actual rate will be determined based on credit history, term, loan to value, and other factors.
First Time Auto Loan Disclosure: To qualify, you must not have a previous auto loan on your credit history. 1% discount includes Electronic Loan Payment from a Central One checking account. Discounts cannot be combined and cannot go below lowest published rate. A down payment and cosigner may be required. Actual rate will be determined based on credit history, term, loan to value, and other factors.
Auto Refinance Disclosure: Stated rate assumes term of 24 months and LTV under 75%, includes a 0.25% discount for Direct Deposit and Electronic Loan Payment and an additional 0.25% discount when deducted from a Central One Premium Checking account. Actual rate will be determined based on credit history, term, loan to value, and other factors.
MAP Disclosure: Any vehicle with MSRP over $75,000.00 and a residual value of $20,000.00 or more will have a surcharge added to the loan. Stated rate assumes term of 24 months and LTV under 75%, includes a 0.25% discount for Direct Deposit and Electronic Loan Payment and an additional 0.25% discount when deducted from a Central One Premium Checking account. Actual rate will be determined based on credit history, term, loan to value, and other factors.
Mechanical Repair Coverage Disclosure: Disclosure Mechanical Repair Coverage is provided and administered by Consumer Program Administrators, Inc. in all states except CA, where coverage is offered as insurance by Virginia Surety Company, Inc., in NH, where coverage is provided and administered by Consumer Program Administrators, Inc. dba Consumer Warranty Program Administrators, in TX, where coverage is provided and administered by Consumer Program Administrators, Inc. dba The Administrators of Consumer Programs (TX License #175), in FL and OK, where coverage is provided and administered by Automotive Warranty Services of Florida, Inc. (Florida License #60023 and Oklahoma License #44198051), and in WA, where coverage is provided by National Product Care Company and administered by Consumer Program Administrators, Inc., all located at 175 West Jackson Blvd., Chicago, Illinois 60604, 1-800-752-6265. This coverage is made available to you by CUNA Mutual Insurance Agency, Inc. Coverage varies by state. Replacement parts may be new, used, non-OEM or remanufactured. Be sure to read the Vehicle Service Contract or the Insurance Policy, which will explain the exact terms, conditions, and exclusions of this voluntary product.