Here is what you need to do to get a First-Time Car Buyer Loan:*

  • Work hard. This loan is for individuals who have a steady, full-time job, but little or no credit history.
  • Save up. You’ll need to make a down payment of at least 20 percent on the vehicle.
  • Show proof. We’ll need to verify your income and length of employment.
  • Win admirers. Provide us with references who can speak to your character and work ethic.

It’s Time You Have Your Own Ride

Ah, that first car. Like our first love, we remember it forever. It’s not the make, model and color that are so important. It’s the mobility, the opportunity to hold a job, go to school, be with friends and family. It can be hard to convince folks – lenders included – that you’re ready for car ownership. But with our First-Time Car Buyer Loan program, if you can prove to us that you’re a responsible person, we’re willing to lend money at competitive rates and help you get where you want to go.

Get Pre-Approved


Convenient Locations

Workers Credit Union provides in-person banking services and financial coaching at locations in Worcester, Lowell, Fitchburg, Gardner, Chelmsford, Westford, Groton, Townsend, Lunenburg, Lancaster, Leominster, Athol, Hudson, and Orange, MA.

Apply for your First-Time Car Buyer Loan online or contact us with any questions.

First-Time Car Buyer Loan PAIRS WELL WITH...

Not ready to make the jump? Take a look at some of the other options, we’re sure you’ll find what you were looking for.

SaveUp Savings

Start saving big with just $5. The more you save, the more you earn!

Online Banking

We know you need to keep in touch with your finances


Estimate does not include insurance. Loan amount may vary based upon credit approval. Other rates and terms also available. Visit our rates page for more information.

The Annual Percentage Rate (APR) is as low as 3.49% for New–2016 - up to 66 Months. The monthly payment per $1,000 borrowed is $16.73. Offers may be withdrawn at any time. Workers Federal Credit Union membership required.

Subject to credit underwriting. Rates effective as of July 1, 2021 and subject to change at any time.

A Safe Place for Your Money

As a member of Workers, take comfort in knowing that every dollar you deposit is safe, secure, and 100% insured. All deposits are fully insured by a combined insurance coverage of the NCUA, up to $250,000, and the MSIC covers the rest. Now that’s safe keeping.