Easy & Affordable Auto Loan Financing
Start and finish your auto loan all online. Whether you are buying a new or used vehicle, or refinancing your current one, you can complete the entire process all from your computer or mobile device. If you haven’t found the right car yet, we can help you get pre-approved so you can shop with confidence and peace of mind. Check out more perks below.
✔ Defer Your First Payment for the first 3 months after financing.
✔ Skip Your Loan Payments up to two times per calendar year.
✔ Up to 0.75 % APR* Discount off your auto loan rate. See discounts available here.
✔ Get Pre-Approved Online and complete the entire loan process from the comfort of your home.
Our Key Loan Details
Our Key Auto Loan Details
- Rates as low as 5.74% APR*
- Up to 100% financing on a new or pre-owned vehicle
- Terms up to 7 years
- Refinancing is available
- Loan discounts available
- Easy to apply online, in person, or by phone
Vehicle Protection
Vehicle Protection Plans – Extended Warranty
GCEFCU offers several vehicle protection plans to add to your loan. With five levels of coverage, our protection plan offers affordable options to ensure your vehicle is protected against costly mechanical and electrical repairs. Additional benefits include:
- 24-Hour Roadside Assistance
- Manufacturer Deductible
- Mechanical First Air
- Tire, Delivery, Battery, Locksmith, and Towing service
- Substitute Transportation
- Trip Interruption
- Key Fob Coverage
- Dent & Windshield Repair
To compare covered components and see which plan best suits your needs, click here.
Member Auto Center
Member Auto Center
Our Member Auto Center has all the tools you need to find your next vehicle and give you peace of mind knowing you are getting good advice and deals. The Member Auto Center features the ability to search for new and used vehicles, advice on the car buying process and much more. Click the button below to visit our Member Auto Center website.
Helpful Resources
Helpful Resources
AUTO EXAM: AUTO EXAM’S goal is to protect the consumer from buying someone else’s problems. We will give you a written unbiased report identifying any problems such as: Was it maintained? Has it been in an accident? Is the mileage correct? Has it been flood damaged? Are there any mechanical problems? How much is the vehicle really worth? In conclusion, Auto Exam can answer these questions and much more.
CARFAX: Order a CARFAX Vehicle History Report. Your best protection against buying a used car with costly, hidden problems, including flood damage. CARFAX searches its nationwide database and provides a detailed report in seconds. In other words, it is a must have for buying a used vehicle.
Additional Resources
Auto Loan Calculators
Discounts
Consumer Loan Discounts
Consumer Loan Discounts
| Discount | Description | Discount Rate |
|---|---|---|
| Credit Life or Disability Insurance | Add Credit Life or Disability Insurance to your loan through the credit union and you may receive 0.25% off your APR*. | 0.25% |
| Gulf Coast Educators Insurance Services, LLC | If you have any type of insurance service through Gulf Coast Educators Insurance Services, you may qualify for a discount of 0.25% off your APR*. Insurance offered through Gulf Coast Educators Insurance Services, LLC. Funds should not be considered a deposit or guaranteed by GCEFCU. Funds are not insured by the NCUA or any federal government agency. | 0.25% |
| Direct Deposit | If you have at least 1 payroll direct deposit per month of $500 or more into your GCEFCU checking account, you may receive a discount of 0.25% off your APR*. | 0.25% |
| *APR = Annual Percentage Rate. Rates and discounts are subject to change without prior notification. Other conditions may apply. Maximum loan discount is 0.75% for auto, boat, motorcycle, and RV/Travel Trailer loans, and 0.50% for personal loans and miscellaneous equipment loans. | ||
Rates & Disclosures
Auto Loan Rates
| Starting APR* (Not including discounts) | Term | Loan Amount | Maximum Loan Discount | Payment Example Per $1,000 Borrowed |
|---|---|---|---|---|
| 4.99% | Up to 36 months | 0.75% | $29.97 | |
| 5.24% | Up to 48 months | 0.75% | $23.14 | |
| 5.49% | Up to 60 months | 0.75% | $19.10 | |
| 5.99% | Up to 72 months | $15,000 and up | 0.75% | $16.57 |
| 6.74% | Up to 84 months | $25,000 and up | 0.75% | $14.97 |
| *APR = Annual Percentage Rate. Your actual APR may differ and will be based upon several factors, including credit history, model year, term, and loan amount. Rates subject to change. Maximum discount is 0.75% for auto, boat, motorcycle, and RV loans, and 0.50% for personal loans. Auto loans may receive a rate of 4.74% APR with a 3 year or less term with maximum discount. To view loan discounts available, click here. | ||||
Consumer Loan Discounts
| Discount | Description | Discount Rate |
|---|---|---|
| Credit Life or Disability Insurance | Add Credit Life or Disability Insurance to your loan through the credit union and you may receive 0.25% off your APR*. | 0.25% |
| Gulf Coast Educators Insurance Services, LLC | If you have any type of insurance service through Gulf Coast Educators Insurance Services, you may qualify for a discount of 0.25% off your APR*. Insurance offered through Gulf Coast Educators Insurance Services, LLC. Funds should not be considered a deposit or guaranteed by GCEFCU. Funds are not insured by the NCUA or any federal government agency. | 0.25% |
| Direct Deposit | If you have at least 1 payroll direct deposit per month of $500 or more into your GCEFCU checking account, you may receive a discount of 0.25% off your APR*. | 0.25% |
| *APR = Annual Percentage Rate. Rates and discounts are subject to change without prior notification. Other conditions may apply. Maximum loan discount is 0.75% for auto, boat, motorcycle, and RV/Travel Trailer loans, and 0.50% for personal loans and miscellaneous equipment loans. | ||
Disclosures
No Payments for 90 Days Disclosure: Deferment is NOT available on loans already financed with Gulf Coast Educators FCU. Your rate will be based on the term of your loan and creditworthiness. Interest will continue to accrue during the deferral period and by electing to defer your car payments, the total interest charge will increase and extend the time required to pay your loan in full based on your required monthly payment. GAP insurance may not cover skipped payments.
Skip-A-Pay Disclosure:Must have the $25 fee per loan in the account at the time of processing. Must be current on all accounts with the CU; excluding checking accounts that have not been negative over 30 days. To skip a payment on your auto loan, you must have current insurance on your vehicle. You cannot have received an extension the month prior to the skip a pay request. If you take advantage of the skip a pay, you will not be eligible for an extension the following month. Loans secured by Real Estate, Term Loans, Credit Card, Delinquent Loans, or loans that have already received 1 extension in the current calendar year are not eligible. If your loan is paid weekly, bi-weekly or semi-monthly, the agreement will allow you the “Skip-a-Pay” for two payments during the Skip-A-Pay month. New loans do not qualify for “Skip-a-Pay’s” unless three month’s worth of payments have been made. Interest will continue to accrue during the “Skip-a-Pay” period and that by electing to “Skip-a-Pay” the total interest charge will increase and extend the time required to pay my loan(s) in full based on my required minimum monthly payment. GAP may not cover skipped payments (refer to your GAP contract for details.)