First-Time Auto Buyer Program
Make your car owning dreams a reality with our First-Time Auto Buyer Program!
Thinkwise CU is here to empower individuals who are new to auto loans and have limited credit by offering accessible financing and unbeatable benefits.
Apply today to enjoy these features and more:
Limited credit history is no problem - we’re here to help!
Guaranteed Rate of 10% APR – Regardless of credit score.
Flexible Loan Terms:
Minimum Loan Amount of $20,000 for an 84-month term.
No Minimum Loan Amount for terms up to 72 months.
90-Day Payment Deferral – Start driving today and make your first payment in 90 days*!
Complimentary Guaranteed Asset Protection (GAP) – Valued at $599!
Mechanical Repair Coverage (MRC) – Available for a fee for additional peace of mind.
Applicant must have no previous auto loans.
*Terms & Conditions: Members who secure a qualified new or used Auto Loan or refinance an Auto Loan from another lender will enjoy deferred loan payments for 90 days from the closing date. Interest will accrue during the 90-day deferment period. When payments begin, the entire monthly payment will be applied to interest until all accrued interest is paid. Principal reduction will only begin after all accrued interest is cleared. Extending the loan beyond the original term may increase the total interest paid.
APR = Annual Percentage Rate subject to change at any time. Rates are based on an evaluation of applicant credit and amount financed. Your actual APR will be disclosed at the time of disbursement. Not all applicants will qualify for the lowest rate. Advertised as low as rate is based on up to 60-month term for a new and a used vehicle with a includes a maximum loan-to-value when you finance up to 100% of the value of the vehicle. Current Thinkwise Credit Union Auto Loans are not eligible for payment deferral.