Vehicle Loans
Whether you’re buying a new car, funding a quality used vehicle, or replacing an existing loan with a better one, Belco offers auto financing built around real-life needs. You’ll find straightforward lending, clear terms, and a team focused on helping you make the most of your budget.
That same approach extends beyond everyday transportation. No matter if you’re planning weekends on the water, exploring the open road in an RV, or upgrading to a new motorcycle, Belco offers financing options to help you enjoy more of what you love.
Why Choose a Belco Community Credit Union Auto Loan?
Low Rates
Lock in credit union auto loan rates as low as 4.99% APR* when you finance a new or used vehicle through Belco.
Fast Approvals
Get off the line faster with high-speed application processing and approval by our locally-based auto loan financing team.
Flexible Terms
Our team will work with you to create a loan solution with affordable payments and terms designed around your needs.
No Down Payment
We’re making it easier to own a vehicle. Now you can finance up to 100% of the value of your vehicle with little or no money down.
Auto Loans
New Auto Loans
Drive away happy in a brand new vehicle of your own. At Belco, we offer some of the lowest interest rates and longest terms to qualifying buyers looking to finance a new-model car, truck or SUV. Look for great fixed rates, loan terms up to 84 months, and low or no down payments.
Used Auto Loans
Finance a used vehicle up to 10 model years old and qualify for the same competitive rates and terms as our new vehicle loans. It’s the smart way to save money on a new-to-you vehicle. You also benefit from our easy online application process and loan approvals within just a few days.
Car Loan Refinancing
Have an auto loan with another lender? Belco can help lower your payment and keep more money in your budget. Enjoy competitive refinance rates on cars, motorcycles, RVs, and ATVs, terms from 12-84 months, and optional GAP and Debt Protection coverage. Apply today and take control of your auto payments.
RV, Motorcycle & Boat Loans
RV Loans
When you’re ready to hit the open road, Belco’s RV loans can help put more adventures within your reach. Lock in great local rates, terms up to 180 months, and financing for up to 110% of your vehicle’s value. And, with available GAP insurance and fast approvals, getting on the road is easier than ever.
Motorcycle Loans
Take to the road on two wheels! Enjoy up to 130% financing, no down payment requirement, and fast, convenient approvals that get you on the road sooner. Whether you’re buying your first bike or upgrading, Belco can help kickstart your dreams.
Boat Loans
Sign up for fun out on the water. Belco makes boat financing as easy and stress-free as a weekend at the lake with lending designed around your budget and lifestyle. Finance up to 110% of your boat’s MSRP, and enjoy quick loan pre-approval and approval, and easy online payment options.
How to Apply for a Vehicle Loan
Step
1
Apply for a Loan
Apply online, over the phone or in a branch. Provide info about your income, credit and other outstanding debts.
Step
2
Get Preapproved
We’ll process your loan application and get back to you with a preapproval so you can start shopping for a vehicle.
Step
3
Close Your Loan
Once you’ve found your ride, we approve your financing and close on your loan so you can get your keys!
Vehicle Loan Rates
New Auto Loans
Rate as low as
4.99% APR*
Used Auto Loans
Rate as low as
4.99% APR*
Auto Loan Refinancing
We’ll beat your current rate, or we pay you!
We’ve Got You Covered
Protect your investment in a car, bike, boat, or RV loan with smart insurance products that shield you and your finances if things don’t go as planned.
Debt Protection Insurance
If you suffer a job loss, disability, or other hardship that prevents you from making your loan payments, Belco’s Debt Shield may be able to cancel or reduce your loan payments. It helps ease financial stress when your income is reduced or interrupted, giving you a little more breathing room when times are tough.
GAP Insurance
Belco offers Guaranteed Asset Protection (GAP) Plus, which pays the difference between your outstanding loan balance and your auto insurer’s settlement, in the event your vehicle is stolen or totaled.
★★★★★
“Belco is easy to work with, always has good loan rates and a diligent team! I’ve been banking with them for over a decade!”
– Jordan S., Gettysburg, PA.
Vehicle Loan FAQs
Belco offers loans for new and used vehicles, including autos, motorcycles, boats and RVs, plus refinancing if you want to adjust your current auto loan or lower your monthly payment. Loan rates and terms are built to fit different budgets and vehicle needs.
Your rate depends on things like your credit report, income, debt, employment stability, and your overall financial situation. It also includes the size of the loan you are requesting, the type of vehicle being financed, and the loan term you are seeking.
Yes, Belco offers refinancing of loans issued by other lenders. Refinancing may help lower your monthly payment, change your rate, or adjust your loan term based on your needs.
Unlike commercial banks, credit unions are owned by and operated on behalf of their members. Instead of paying extra funds generated to corporate shareholders as dividends, credit unions reinvest these profits so they can offer lower loan APRs*, fewer fees, and more personal service to their members.
The loan terms you are offered are based on your credit history, the loan amount being sought, the vehicle type being financed, and the amount of money you have available each month to make payments. These factors help structure how long your loan lasts and what your monthly payment will be.
You’ll usually need a valid ID, proof of address and income, and details about the vehicle you want to buy or refinance. Sometimes extra documents may be needed for more complex types of vehicle loans, such as fleet purchases, or high-end luxury vehicles.
More Ways to Borrow
Personal Loans
Belco Personal Loans give you simple, low-stress ways to borrow when life calls for a little extra support. With a range of loan options, it’s easy to find the right fit for your financing needs.
Credit Cards
Do more with your Belco Visa® Platinum card. Benefit from low rates and great rewards points while taking care of everyday spending, major purchases, and balance transfers.
HELOCs
Use the equity you’ve built up in your home by paying down your mortgage to finance a low-cost Home Equity Line of Credit. Use it to fund home upgrades, tuition, and other ongoing expenses.