First-Time Car Buyers
Buying your first car can feel both exciting and daunting. We’re here to help simplify the process.
Our competitive rates and flexible terms will allow you to negotiate confidently at the dealership.
We’ll provide ongoing support to make this major milestone smooth, transparent, and enjoyable!
First-Time Car Buyer Benefits:
We offer great financing rates to make buying your first car more affordable.
Streamlined Approval Process
Our auto financing process makes the road to your new ride quick and easy.
Flexible Loan Terms
Varied loan terms offer a repayment plan tailored just for you.
Get financing through Legacy at participating car dealerships.
College Graduate Car Loan Program
We want to help recent grads get excited about driving off in their first car. Our College Grad Program offers excellent rates and flexible terms to simplify buying your first car.
Take advantage of the following features and benefits:
- Low rates on new/used auto loans
- Flexible loan terms of up to 84 months
- Easy online application process
- No down payment required
- Option to delay first payment by 90 days
You worked hard to earn that diploma. Let us smooth the way forward with special financing on your first set of wheels.
Legacy Credit Union First-Time Car Buyer Loan Rates
We offer competitive auto loans tailored specifically for first-time buyers like you. Explore our custom rates that aim to make purchasing your first car more manageable.
Our Simple Car Loan Application Process
Apply In-branch or Online
Stop by any branch or click the link below to complete our simple online car loan application.
We’ll let you know how much you’re approved for so you can negotiate confidently.
Go Car Shopping!
Great news – you’re pre-approved! It’s time to find your perfect car and start the engine.
“The people there are nice and professional. I’ve banked there since nineteen eighty-nine.”
– Octavia B., Birmingham, Alabama
FAQs About First-Time Car Buyer Loans
Examine the interest rates, loan terms, and your budget when applying for your first car loan. These elements will affect your monthly payments and the total cost of the loan.
Interest rates directly influence the overall cost of your car loan. Lower rates mean less money paid over the lifetime of the loan. Our fantastic rates make your first car purchase financially manageable.
The loan term is the period of time during which you will repay the loan. Shorter terms mean higher monthly payments but lower total costs. Longer terms have lower monthly payments but higher total costs.
A down payment reduces the amount you need to borrow. This lowers your monthly payments and the total interest paid over the life of the loan.
Yes, it’s possible to get a car loan with no credit history. We offer support and flexible loan terms to help you get started on your car-owning journey.
We provide streamlined loan approval, great rates, flexible loan terms, and continuous support. We aim to make your first car-buying experience uncomplicated and enjoyable.
Saving Account Options
Earn higher returns on your savings without locking your money away. Our flexible certificates help your funds grow faster.
Want to grow your savings quickly? Our incentive accounts boost your balance when you meet periodic saving goals.