Looking for the Car of Your Dreams?
Love Your Car, But NOT Your Loan?
At Gateway Metro Federal Credit Union, we make financing your next vehicle easy and affordable. Whether you’re purchasing a new or used car or refinancing your current loan, we offer competitive rates, flexible terms, and personalized service to get you on the road with confidence.
We offer some of the most competitive rates in the market. Check out our current auto loan rates and use our Auto Loan Calculator to estimate your monthly payment.
New & Used Vehicle Loans
Applying for a Gateway Metro Federal Credit Union vehicle loans is fast and easy – whether you want pre-approval before buying, or just want to transfer your loan from another lender. You can finance up to 125% of your car, truck, SUV, or van (125% financing subject to other qualifying conditions) and enjoy fixed rates with no pre-payment penalties. Plus, take up to 84 months to repay the loan. Talk about hassle-free!
If you prefer the wind in your hair, get a new or used motorcycle loan with us. You can finance up to 100% of your motorcycle and some borrowers can land terms up to 84 months. (84 month term eligibility depends on motorcycle year and loan amount)
New & Used Recreation Loans
Get out and relish life’s adventures without worrying if you’re ruining your budget! It’s easy to do with 80% financing and repayment terms up to 120 months on RVs, trailers and campers. If you’re a water fan, you’re sure to also enjoy 100% financing on boats and personal watercraft.
Get pre-approved and shop with confidence, knowing you have a great loan in hand. Apply online in minutes or visit a Gateway Metro FCU branch for personalized assistance.
Guaranteed Auto Protection (GAP) Insurance
Guaranteed Auto Protection (GAP) is an added protection for your vehicle in the event your vehicle is deemed a total loss. Your regular auto insurance may not always cover the full amount of your vehicle should a total loss occur which leaves you with a ‘GAP’ between what they cover and what you still owe to pay off your vehicle. With GAP insurance you get that added protection to give you peace of mind should a total loss event occur.
The GAP insurance you can purchase through Gateway Metro is often significantly cheaper than the GAP insurance you can purchase elsewhere. In addition, if you have to use the insurance and within 60 days, finance your replacement vehicle with Gateway Metro as well, we will reduce your new loan by $1,000!
Auto Deductible Reimbursement (ADR)
What is ADR ? Auto deductible reimbursement aims to protect you from the financial burden of paying your auto insurance deductible after a claim is filed and paid by your primary auto insurance carrier.
You can be reimbursed up to $500 of your paid deductible 2 times per year for the first three years of your GAP policy!
*Any other car that is in your name AND included on your auto insurance policy is also covered under the ADR portion of your GAP policy!
Mechanical Breakdown Protection
How many times have you heard stories about cars breaking down right after the warranty expires? With Mechanical Breakdown Protection from Car Solutions, you can rest easy knowing you are covered. We have partner with Car Solutions to offer plans designed to provide you with “total peace of mind” so that unexpected repairs won’t strain your budget.
Most basic warranties (known as bumper to bumper) are only for the first 36 months and 36,000 miles. As the car ages the cost of repairs dramatically increase and once the basic warranty expires, without an extended warranty, the unexpected repair costs could be in the thousands of dollars. Car Solutions’ plans extend coverage to virtually all mechanical and electrical components of your vehicle. They are available for both new and pre-owned vehicles, and have benefits that extend beyond the cost of repairs.
Ask your GMFCU loan officer or representative if you are interested in this additional protection to avoid costly repairs!
Did you pass on an extended warranty at purchase time but think additional protection might help you realize your financial potential today? We may still be able to help. Ask us about your options even if your auto isn’t financed with GMFCU, we might be able to find a solution for you. We have options to pay by cash, credit card or our team is happy to see if a personal loan to cover the upfront costs makes sense for you!
No pre-payment penalties | 45 days until 1st payment
Gateway Metro can assist you by providing options to reduce your auto loan rate. Our rates are as low as 5.25%*! We are here to listen to your needs and find a solution that helps you save money while keeping that car you love.
Don’t have the best credit? That’s ok! You should still reach out and ask us how we can help you get back on your feet. We would love to assist you with securing a better, lower rate and giving you financial stability.
*Must qualify for membership. Must qualify for loan based on credit worthiness. Actual APR will be determined at the time of loan approval based on your credit, loan amount and term. Not all applicants will qualify for the lowest rate.