New Auto Loan

If a new car is in your future, turn to LGFCU. We can help every step of the way, starting with financing your purchase with a new car loan. 

All of our New Vehicle Loans have fixed-rate financing for prior, current or upcoming year model with 10,000 miles or less.

Loan terms 

For loan terms up to 96 months, we’ll finance 100 percent of the Manufacturer’s Suggested Retail Price (MSRP), plus an additional 10 percent to cover other purchase-related expenses such as tax, tags, extended warranties, etc.

Cash-out is not permitted on purchase transactions and cash-out refinance transactions are limited to a maximum Loan to Value of 100 percent of NADA retail value.

More features 

Your vehicle title is held as collateral until loan is repaid. There is no penalty for early pay-off. You must have continuous collision and comprehensive insurance protection during the entire loan.

The Credit Union does not accept flood, salvage or reconstructed title vehicles as collateral. You must be a resident of North Carolina, South Carolina, Georgia, Tennesee or Virginia to apply for this loan.

Get preapproved

Start your financing process with Auto Power. You’ll get a preapproved check up to a specific dollar amount to purchase a new vehicle. While you’re out shopping you can make a deal for the best rate, skip the costly dealer financing and enjoy LGFCU’s great loan rates and terms.

Research and buy your car – we’ll even negotiate price 

Once you’ve gotten the auto loan, we can help you find the right car, too! Log in to Member Connect for the New-Car Buying Service. Gather the information you need to make an informed selection. Once you choose the vehicle you want, we negotiate the price and arrange a place and time of your choosing for vehicle delivery.

Protect your new car 

Don’t forget to protect your auto investment from the start. Consider Guaranteed Asset Protection (GAP) coverage for a one-time, flat fee. And get a free quote for auto insurance, too.

Next Steps

Choose a way to request your New Vehicle Loan.