Vehicle Loans

Are You Getting The Best Deal? Let’s Work Together!

Are you looking to refinance an existing vehicle loan from a different financial institution or in need of a new/used vehicle loan? Refinancing with a better rate can save you hundreds of dollars over the life of your loan. At VBSFCU, we’ve made it easier than ever. We offer competitive rates, same day approval, up to 100% financing, and GAP and payment protection! Along with a loan staff who cares, we will create the perfect vehicle loan for you!

Women friends going on a road tripIt’s not always about the payment; what about the rate, term, and benefits? If you have questions about how to apply for a loan, how to apply for membership, or not sure if you are getting the best deal,  our Vehicle Loan Expert will guide you every step of the way!

Vehicle Loan Expert: Joyce Thorogood
Call:   757-306-7999
Email: jthorogood@vbsfcu.org 


Can you help me search for a vehicle?

Use our free car search tool, SmartSearch! With SmartSearch you can compare vehicles side by side, shop local dealerships, and save your search results to share with family/friends.

CarFax reports are available for free on many vehicles.


Can I get a car loan with bad credit?

Maybe you’ve made some mistakes and need a second chance.  Our Sure Ride Auto Loan Program might be the right fit for you!

This one of a kind vehicle loan program helps members with colorful or no credit get into the car they want, and a fair loan rate.


What is GAP Protection? Do I need it?

Don’t let a wrecked vehicle wreck your finances.

Guaranteed Asset Protection (GAP) is a great way to protect your finances if the value of your vehicle is less than the amount of your car loan. A good rule of thumb is to assume your new vehicle will depreciate more than 20% after the first year you own it, half of which occurs the minute you drive it off the lot.*

This leaves a gap between what you owe on your loan and the value of your vehicle if it’s deemed a total loss due to an accident or theft. Our GAP program may reduce or eliminate the gap between what your vehicle insurance will pay and what you owe on your loan.

Plus, it helps you get into your next vehicle by reducing your loan at the credit union by $1,000.  Contact us today to learn more about adding GAP Plus to your vehicle loan so you can worry less about tomorrow.

*Car Depreciation: How Much Value Will a New Car Lose? CARFAX, Nov 9, 2018.

Disclosure:

Your purchase of MEMBER’S CHOICE™ Guaranteed Asset Protection (GAP), is optional and will not affect your application for credit or the terms of any credit agreement you have with us. Certain eligibility requirements, conditions, and exclusions may apply. You will receive the contract before you are required to pay for GAP. You should carefully read the contract for a full explanation of the terms.
If you choose GAP, adding the GAP fee to your loan amount will increase the cost of GAP. You may cancel a GAP at any time. If you cancel GAP within 90 days you will receive a full refund of any fee paid.

GAP purchased from state-chartered credit unions in FL, GA, IA, RI, UT, VT, and WI, may be with or without a refund provision.

Prices of the refundable and non-refundable products are likely to differ. If you choose a refundable product, you may cancel at any time during the loan and receive a refund of the unearned fee. GAP purchased from state-chartered credit unions in CO, MO, or SC may be canceled at any time during the loan and receive a refund of the unearned fee. GAP purchased from state-chartered credit unions in IN may be with or without a refund provision. If the credit union offers a refund provision, you may cancel at any time during the loan and receive a refund of the unearned fee.

GAP-2454900.1-0319-0421© CUNA Mutual Group, 2019. All Rights Reserved.


How can I learn about a car’s history?

Carfax reCarfax History Report Link ports contain important information so you can be confident you’re making the right decision about a used car.

No more regrets about buying a car with significant damage history, just peace-of-mind knowing you’re buying a car that will be reliable for years to come.

If you are shopping for a used vehicle, before you pull the trigger and buy, contact us for your CARFAX Report. This comprehensive report will give you:

    • Accident and damage history
    • Service records
    • Ownership details
    • Odometer rollback notifications
    • Open manufacturer recalls
    • And More!

Click here to learn more!


Should I be Pre-Approved before I shop?

Yes! It’s always a good idea to be pre-approved by VBSFCU before shopping for a vehicle. We review your credit report with you for free and will help you make the right decision on how much you can afford before you shop.

I need to learn more about your rates, who do I call?

757.463.3650 option 1,  or call direct: 757-306-7999.

Ready to apply for a loan online?

Visit our online loan application.


Do you recommend any local car dealerships?

Buy your next car from Enterprise Car Sales

We have partnered with Enterprise Car Sales to offer you a seamless purchase experience with financing options to fit your needs. Plus, every vehicle is clearly marked with transparent pricing.

Whether you want to buy, sell or trade, we’re here to make it easy.

Start shopping

 


How can I learn how much of a car I can afford?

Use one of our free calculators to estimate your vehicle loan payments:

How much can I afford?

How much will my auto payments be?

Can I accelerate my auto payments?

Should I lease or purchase a car?

If I take a rebate or low-cost financing?


WHAT DOes VBSFCU DO FOR OUR LOCAL COMMUNITY?

Learn about our Do Good programs and how we give back locally.