Hassle-Free Car Buying with AutoDraft
Get pre-approved, then shop with a check in hand!
Belco is pleased to offer our members the convenience of AutoDraft, the easiest way to purchase and finance a new or used vehicle. Our AutoDraft process pre-approves you for an auto loan before you make the purchase and enables you to negotiate with the dealer, just like you were paying cash!
- Save Time! Get pre-approved today*, and use the AutoDraft when you’re ready to purchase a vehicle.
- Lock in your rate at the time of pre-approval and it’s guaranteed for 30 days, even if rates go up.
- No interest accrues until after you’ve signed the draft over to the dealer.
Simply make your vehicle selection, sign your AutoDraft over to the dealer for the exact sale amount, and drive off in your new car!
*All loans subject to credit approval. AutoDraft void after 30 days. AutoDraft may not be used for sales between private parties or as a downpayment on a vehicle purchase. Credit restrictions apply; contact the credit union to be pre-approved.