Used Auto Loans
Make your car budget go further with used auto financing from Belco Community Credit Union. Apply online or connect with a local lending specialist to get started.
Simple, Local Used Auto Financing
Same Rates as New
Qualified applicants receive the same rates offered on Belco New Auto Loans, so choosing used doesn’t mean giving up a low rate.Choose Your Term
Pick a repayment term based on the monthly payment and total interest that works best for your budget.Pre-Approval Before You Buy
Get a clear borrowing amount before you shop, so you can focus on vehicles within your approved range.Local Loan Processing
Your loan is processed by Belco team members in the community, with branch service available when you want to talk through the details.All You Need to Know About Our Used Car Financing
Buying a used vehicle can be a smart way to get more from your car budget. A lower purchase price may mean financing less or getting more of the features you want. You also avoid the sharpest period of depreciation that occurs early in a new vehicle’s life.
Belco makes used auto financing simple, from getting preapproved before you shop to refinancing a loan you already have.
Key features include:
- Financing for qualifying vehicles up to 10 model years old
- Up to 100% financing of the vehicle’s value for well-qualified borrowers
- Rates based on factors such as credit history, income, existing debt, loan amount, and term
- Refinancing that may lower your rate or monthly payment or change your loan term
Ready to get started? Apply online or speak with a Belco lending specialist about financing your next used vehicle.
How to Apply for a Vehicle Loan
Step
1
Apply for a Loan
Apply online, by phone, or at a branch. Be ready to share information about your income, credit, and current debts.
Step
2
Get Preapproved
Belco reviews your application and provides a preapproval amount so you can shop within a clear budget.
Step
3
Close Your Loan
Once you choose a vehicle, Belco completes final approval and closes the loan so you can take the keys.
Used Vehicle Loan Rates
| Used Auto/Motorcycle Loans (up to 10 model years)* | APR* starting at: |
|---|---|
| 12 Months | 4.99% |
| 24 Months | 4.99% |
| 36 Months | 4.99% |
| 48 Months | 5.24% |
| 60 Months | 5.24% |
| 72 Months | 5.74% |
| 84 Months | 5.99% |
Estimate Your Auto Loan Payment
Use Belco’s Auto Loan Calculator to estimate your monthly payment or purchase price and see how different loan terms and down payments may affect your payment.★★★★★
“I have had auto loans as well as regular accounts with these folks and have never had any issues whatsoever. Would recommend to anyone.”
– Scott L., Hanover, PA
Credit Union Used Car Loan FAQs
More Ways to Borrow
Personal Loans
Cover planned expenses, unexpected costs, or other purchases with a personal loan. Several borrowing choices are available for one-time or ongoing expenses.Credit Cards
A Belco Visa® Platinum card combines low rates with rewards points for everyday purchases, major expenses, and balance transfers.HELOCs
Put your home equity to work with a Belco Home Equity Line of Credit for renovations, tuition, and other ongoing expenses.Disclosures
*APR=Annual Percentage Rate. Rates quoted include an LTV up to 100%. Rate may differ depending upon credit worthiness, LTV, loan amount, and term of the loan. Rates and terms are subject to change without notice. New vehicle rates apply to vehicles with 5,000 or fewer miles. Refinance of a Belco account requires a minimum of $5,000 in new money. Subject to credit approval.