Getting the best auto loan rate can make all the difference in your car-buying experience, ensuring that you save money and enjoy manageable monthly payments. Here are some tips to help you secure the best auto loan rate in town:

Top Tips to Secure the Best Rate

1. Know Your Credit Score
   • Check your credit report for errors and improve your score before applying.
   • A score of 660+ opens the door to better rates; 600+ still qualifies for many lenders.
2. Shop Around
   • Don't settle for dealership financing without checking for outside options.
3. Consider Your Credit Union
   • Members First Credit Union of Florida offers members low, competitive auto loan rates.
4. Time Your Purchase
   • Fall often brings dealer incentives to clear out current-year models.
5. Make a Down Payment
   • A larger down payment reduces your loan amount and may qualify you for a lower rate.
6. Choose a Shorter Loan Term
   • Shorter Terms (36-60 months) typically come with lower interest rates and less total interest paid.

RESOURCES

Auto Loans Hit the road with smiles in your new automobile with a new or used auto loan at Members First. LEARN MORE

Auto Loan Rates With an auto loan at Members First, you'll get the car you want with a payment you can afford. View Rates

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Auto Rewards Receive a $50 gift card when you finance with us. SEE HOW

Insurance Services We've teamed up with Travelers and TruStage for all life's insurance needs. LEARN MORE

Rates, terms, and conditions are subject to change and may vary based on credit worthiness, qualifications, collateral age, and conditions.  The APR will be disclosed prior to an advance being made on a loan.
        

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