Auto Loans
Are you in the market for a new car or truck?
We provide auto loans with affordable interest rates that fit your lifestyle. Get the car you want with financing that won’t break your budget – apply today for a no-hassle auto loan.
We'll match your current rate to as low as 2.99% APR.*
People's Community Credit Union offers car loans and truck loans in the greater Vancouver WA area.
*Annual Percentage Rate
Apply Today for Affordable Auto Financing
At People's, auto loan rates don’t depend on your credit score. Our loan interest rates are the same for all members
If you’re dreaming of a new car, we can help put it in your driveway. Whether it’s that red sports car you’ve always wanted or a gently used hybrid SUV for weekend adventures, People’s affordable auto loans makes it easier than ever to get behind the wheel.
- We offer a variety of car, truck, and auto loan types, and 100% financing for qualified members.
- Repayment plans are flexible and keep your budget in mind.
- We finance both new and used cars and trucks
New and Used Auto Loans
You can finance the purchase of the car or truck of your dreams, and when refinancing you can get as low as a 2.99% Annual Percentage Rate, and receive a bonus too.
Recreational Vehicle Loans
Boat Loans
First Time Auto Buyer
GAP Insurance
MBI
Questions About Vehicle Loans?
Are you ready to purchase a new vehicle, but not quite sure where to start?
At People’s, we get a lot of questions from members looking for financial guidance. For your reference, we’ve compiled the most common questions about auto loans and refinancing your vehicle.
If you need help navigating these big decisions, click the button below to speak to our member services representatives.
Tips and FAQs About Car Loans
Purchasing a new car or truck is a big decision, but it doesn’t have to be daunting if you are equipped with the right information. When it’s time to look into your financial options for buying a new car, we can help answer your questions so you’re prepared before you go to the dealership. And if you’re ready to refinance your vehicle for lower payments or a better interest rate, we’ve got you covered, too.
Browse our auto loan FAQs below for fast answers. And if you don’t see your question here, be sure to give us a call!
Car Buying Tips and Resources
How To Get a Car Loan with Limited Credit History
People always ask us if it’s possible to get an auto loan with limited credit history. The answer is yes. It won’t be as easy as it would be if you had extensive credit history, but there are ways to get approved for a quality car loan that meets all of your needs and budget.
Here are a few tips:
- Go through People’s Community Federal Credit Union: People’s is unique in offering the same auto loan rates regardless of credit score. This is because you’re a person, not a number! Take a look at our current auto loan rates.
- Get a cosigner: Ask a relative or friend with good credit to cosign on an auto loan with you. This will increase your chances of getting an auto loan and will help lower your interest rate.
- Make a down payment: Putting a small amount of money down will make a difference. The more money down the lower your loan amount and may help lower your monthly payment.
- Have a steady source of income: You’ll be more likely to get approved for a loan if you can prove you have a reliable source of income to repay your loan.
6 Tips for Buying Your First Car
Buying your first car is nerve-wracking. You’ve heard horror stories about pushy salespeople and complicated financing numbers. What can you do to prepare?
Set a game plan. Decide what you want and know what it’s worth. Here’s how to get started:
- Establish a Budget
- Get Pre-approved
- Do Your Research
- Take a Test Drive
- Negotiate – Determine the Right Place
- Read the Contract Carefully
Pros and Cons of Buying a Used Car
It’s an age-old question. Should you buy new or used? The truth is, they’re both excellent options in the right situation. The key is figuring out which is the best option for you.
Advantages of Buying a Used Car
- Cost savings
- Less depreciation
- Faster payoff
- Lower insurance premiums
Disadvantages of Buying a Used Car
- More wear and tear
- Most don’t come with warranties
- Higher mileage
- Possibility of being stuck with a lemon
Get a Bonus If You Refinance Your Current Loan with People's Community Federal Credit Union
Do you have a current auto loan with another lender?
If you refinance with us, we’ll give you a $100, $200, or $300 bonus.
Auto Loan FAQs
Can You Trade in Your Car Before it's Paid Off?
Yes, you can trade in a car before the loan is paid off. In fact, it’s very common.
However, before you do this, there are some factors you should consider. In some cases, it may be a better idea to refinance your auto loan instead.
What Does APR Mean When Buying a Car?
One of the most important factors to consider when choosing an auto loan is the APR, or Annual Percentage Rate.
Over the life of a loan, a low APR can save you thousands. With many banks, you must have an excellent credit score to qualify for a low APR. However, here at People’s, we offer the same low APR to members regardless of credit score.
Do I need to be a People's Community FCU member to apply for a loan?
Yes, membership is a requirement for all loan applicants. This allows us to better serve you as a customer on an individual basis and provide the attention you deserve.
The good news is that it’s easy to join! If you live, work, or worship in Clark, Cowlitz, or Skamania counties, you’re eligible to join the credit union and gain all the benefits of membership.
Simply fill out an online membership application, or stop by one of our branches.
What is Forced-Placed Insurance?
Force-placed insurance is a type of insurance policy lenders force borrowers to pay for to protect their property or vehicle in certain situations.
Force-placed insurance is also called “lender-placed,” “creditor-placed,” or “collateral protection insurance.”
Let take a look at some reasons why a lender may put force-placed insurance on your property and what you can do moving forward.
What Happens If I Don't Insure My Car?
Auto insurance is required by law to drive a car in Washington state. If you’re caught driving without liability coverage, you may face penalties such as fines or suspension of your license.
If you cause a car accident and do not have liability coverage, the other driver can sue you.
Try Our Auto Loan Calculators
Our financial experts have compiled tools to help you calculate everything you need related to taking out a new car loan or refinancing your vehicle. Get pre-approved before you even visit the dealership! You’ll know exactly what you have for financing options, so you can concentrate on getting the vehicle you want!
The Pacific Northwest's Trusted Credit Union Since 1952
Looking for a financial institution you can trust? With People’s you’ll find a wide variety of accounts for all your financial needs—whether you’re a savvy saver, a young family looking for a better auto loan rate, or opening your very first checking account.
Everything you need to find, purchase, and finance a vehicle.
Auto Solution
Auto-Buying made easy!
Auto Solution is dedicated to serving credit union members of the Northwest with their auto buying needs. Through Auto Solution, People’s provides you a hassle-free car buying experience.
Enterprise Car Sales
Haggle-Free Buying, Worry-Free Ownership. For more than 40 years, Enterprise has been selling cars only one way: they select great cars – most from their fleet of more than 700,000 vehicles – offer them at competitive prices, and back each one with one of the industry’s best used car warranties.
NADA Vehicle Pricing & Information
Know the real price before you buy. You’ll be better equipped in buying a car if you know the true value or cost of the vehicles you consider. NADA can provide you with the information you need to negotiate a great price on your next new or used car.
CARFAX®
Don’t run the risk of buying used cars with costly hidden problems.
Get a detailed vehicle history report from CARFAX’s nationwide database. Additional charges will apply.
Apply for An Auto Loan Today — Or, Become a Member!
At People’s, All Members Get the Same Rate
People’s provides members with access to affordable credit through low-rate loans. What sets our credit union apart is that all members pay the same rate, no matter their credit score or amount in their account. We are here to help you with your financial needs.
Not a member of People’s yet? It’s easy to become a member – simply fill out an application, or stop by one of our branches in the Vancouver WA area!
Five Credit Union Locations in Vancouver WA
Vancouver Waterfront
701 W Columbia Way
Vancouver, WA 98660
Hazel Dell
7403 NE Hazel Dell Ave
Vancouver, WA 98665
Battle Ground
121 NW 20th Ave
Battle Ground WA 98604
Fisher’s Landing
16211 SE 12th Street
Vancouver WA 98683
Ridgefield
109 S 65th Ave, Ste 102
Ridgefield, WA 98642