Vehicle Loans (including Auto Equity) Click Here to Apply Online Automobile/Truck/Motorcycle Loans (including Auto Equity) Drive home happy in the vehicle you want, at a price you can afford! Our recommendation is that you get your vehicle loan preapproved - in other words, submit your loan application to Spectrum BEFORE you go shopping! Believe me, shopping for a car, for example, knowing how much you can afford to spend and what your monthly payments are beforehand can give you total control over the car-buying process which can be a potentially harrowing experience at some car dealer's. For a more pleasant experience, shop at the Advocar/AutoLand link below or click to shop online at Enterprise Car Sales or Autofastracks. New Car/Truck loans offer fixed rates up to 84 months. You may choose the loan terms to best suit your needs. Up to 100% financing offered on new autos/trucks. (tax and license included). HYBRID LOAN: An additional 1% off your qualifying rate for hybrid vehicle purchases (no other discounts apply). 90% financing on all New and Used Motorcycles. Used Car/Truck - maximum loan based on Retail Kelley Blue Book value. Extended warranty coverage available on cars and trucks. MBI (Mechanical Breakdown Insurance) and GAP Insurance coverage available on cars and trucks. Credit, Life and Disability Coverage (ask us for a quote) Buying a new car can be one of the largest investments you make. Protect your investment with MEMBERS Auto Insurance. Get a free auto quote, explore your coverage options, and make sure you’re safe on the road. Auto Equity Loans (for New and Used Autos) Auto Equity loans are only available in California and Maryland at this time. It is a loan which is secured by the value of the automobile itself but recorded as a lien on your home. See your tax advisor to find out if you are eligible for any tax benefits. New and Used Auto rates are the same as for the regular New and Used Auto loans Same day turnaround No appraisal or title insurance required No equity required Deed of Trust recorded as secondary collateral Possible tax benefits (refer to your tax advisor) Subject to loan processing fee (NOTE: Spectrum Federal Credit Union offers the following third party links: Enterprise Car Sales, Autoland/Advocar, Autofastracks and Allied Solutions. Spectrum FCU is not to be held responsible for any confusion or misinformation which might result from reading such websites. Additionally, SFCU does not endorse or make a practice of gathering information on websites directed towards children. Please be advised that when clicking on our auto purchase service providers, you are leaving the credit union website and linking to an alternate website not operated by the credit union. Spectrum FCU cannot be held responsible for the content of the third party website and does not represent either the third party or the member if the two enter into a transaction. Privacy and security policies may differ fom those practiced by the credit union. Members Auto Insurance is underwritten by leading insurance companies, including Liberty Mutual Insurance Company and its affiliates, 175 Berkeley Street, Boston, MA. Insurance coverage and discounts may vary by state. Group discounts are not available in all states. To the extent permitted by law, applicants are individually underwritten, some applicants may not qualify. A consumer report from a consumer reporting agency and/or motor vehicle will be obtained on all drivers listed on your policy where state regulations allow. The insurance offered is not a deposit and is not insured by the NCUSIF or guaranteed by your credit union.)