While AGCU reviews a variety of factors during the loan approval process, having a higher credit score can help you qualify for better interest rates. Generally, a score of 650 or higher is considered good, but AGCU encourages all applicants to apply, as other factors like income and debt-to-income ratio are also taken into account.

Interest rates for auto loans can vary based on factors like credit score, loan term, and market conditions. AGCU offers competitive rates for auto, RV, motorcycle, and boat loans. To view the most up-to-date rates, visit the “View Rates” section on this page or contact AGCU directly.

Credit unions, like AGCU, often offer lower interest rates, more flexible terms, and member-focused benefits compared to dealerships and traditional banks. Additionally, with AGCU, you have access to perks like free CARFAX Vehicle History Reports and optional coverage plans, which you may not get at a dealership.

Yes, AGCU offers pre-approvals for auto loans, which can help you shop for a vehicle with confidence. A pre-approval allows you to know your budget and lock in a rate before you visit the dealership. Plus, during the pre-approval period, you can access up to three free CARFAX Vehicle History Reports for used vehicles you’re considering.

Guaranteed Asset Protection (GAP) coverage helps pay the difference between your car’s value and the remaining loan balance if your car is totaled or stolen. Since vehicles depreciate quickly, GAP coverage can prevent you from owing money on a vehicle you no longer have. AGCU offers optional GAP coverage as part of your auto loan.

AGCU offers a range of optional coverage to protect you and your loan, including:

• GAP Coverage — Pays the difference between your insurance payout and loan balance if your vehicle is totaled or stolen.
• Extended Warranty — Covers repairs and parts replacement beyond the manufacturer’s warranty.
• Debt Protection — Covers your payments if you experience death, disability, or involuntary unemployment.

You can pay off your auto loan at any time without penalty. Paying off your loan early may reduce the total interest you pay over the life of the loan.

Yes, AGCU offers refinancing options if you’d like to lower your interest rate or monthly payment. Refinancing can save you money over the life of the loan. Contact AGCU to discuss your options.

You can apply for an auto loan with AGCU online through the “Apply Now” button on this page. The process is fast and secure, and you’ll receive a decision promptly. If you prefer, you can also visit a branch or call AGCU for assistance.