First Time Car Buyer Loan
It’s Time You Have Your Own Ride
More important than a competitive rate and flexible terms, our first-time car buyer program will help you get independence! Even if you have little to no credit history
Here’s how to qualify:
- Have a steady, full-time job.
- Apply a down payment of at least 10% of the vehicle price.
- Provide proof of income and length of employment.
- Give a list of 3 references who can speak to your character and work ethic. Great references include, but are not limited to, landlords, supervisors, and professors.
As low as 3.49% APR for 66 Months
- No co-signer required
- Finance up 100% of your vehicle’s purchase price1,2
- Flexible term options up to 84 months
- Fast pre-approval process
Estimate How Much Car You Can Afford
Use our calculator to make sure your new payment will fit into your budget. Enter your preferred monthly payment, down payment and any trade-in and we’ll tell you how much you should spend on car, including taxes and documentation fees.
Calculate Your PaymentTake the Wheel, the Workers Way
When you're dreaming about buying your first car, a Workers Wayᵀᴹ Financial Coach will help you create a personalized plan to get there.
Convenient Online Payments
Pay your loan anytime from your online banking account or through the mobile app.3
Auto Insurance
Workers Insurance Agency provides customizable coverage with flexible payment options.
Auto Loans
Apply Now| Term |
APR* |
Payment per $1,000 | Based On |
|---|---|---|---|
| New–2016: up to 66 Months | as low as 3.49% | $16.73 | 66 Months |
| New–2016: 67 to 78 Months | as low as 3.99% | $16.96 | 78 Months |
| New–2016: 79 to 84 Months | as low as 4.99% | $14.19 | 84 Months |
| 2015–2012: up to 66 Months | as low as 4.15% | $16.98 | 66 Months |
| 2011 or older: up to 48 Months | as low as 5.75% | $23.39 | 48 Months |
1Subject to credit underwriting and approval. Loan amount may vary based upon credit approval. Visit our rates page for all available rates and terms. Rates effective as of 8/18/2021 and subject to change at any time. Offers may be withdrawn at any time. Workers Federal Credit Union membership required. Other rates and terms available. Annual Percentage Rate=APR. No down payment required unless otherwise noted.
2Mileage limit is 120,000 miles. Required down payment as low as 10% (trade-ins can be presented as consideration for down payment).
3Text, data, and messaging rates apply for downloading/utilizing the app and text alerts.
4Coverage varies by carrier. Products offered by Workers Insurance Agency and Affiliated Companies. Coverage is subject to eligibility and availability. Other terms, conditions, and exclusions may apply. Insurance products available through Workers Insurance Agency, a non-financial subsidiary of Workers Credit Union are: NOT A DEPOSIT, NOT NCUA-INSURED, NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY, NOT GUARANTEED BY THE CREDIT UNION, OR AFFILIATES MAY LOSE VALUE.