Auto Loan Pre-Approval
Take the stress out of car-buying with auto loan pre-approval from Community First. Discover how our simple process can have you in your new ride in no time.
How it Works
Shop for your next vehicle equipped with an Auto Loan Express Draft. This pre-approved amount helps you stay within budget and avoid unnecessary haggling.
Once you know the amount you're pre-approved for, you can estimate what your monthly payment will be.
Use our calculator to see what fits your budget.
Next, Community First will give you an Auto Loan Express Draft, which you can shop with up to your approved limit.
Find your car, truck or SUV.
Write the loan amount of your vehicle on the Auto Loan Express Draft. (This is the amount you will be financing with Community First.)
Complete the necessary information at the dealership and sign your Auto Loan Express Draft.
Once we receive your signed Auto Loan Express Draft from the dealership, we finalize your loan details and get you ready to ride!
Drive away in your new car!
Benefits of Applying for Auto Loan Pre-Approval
Get pre-approved for auto financing at a great low rate before you shop. Then, head to the dealer confidently. See current rates.
We make all lending decisions locally, so we can approve your loan in minutes, online or in a branch.
Shop for the car you want (not just what's available), knowing what you can afford, and drive away happy.
Calculator | Monthly Car Payment
An Auto Loan Express Draft makes it easier than ever to get behind the wheel of a new car with flexible and affordable financing. See how it works.
Explore More Products to Suit Your Needs
New & Used Car Loans
Auto Loan Refinance
Lower your monthly payment when you refinance2 at a better rate or different terms. We refinance new and used cars and lease buyouts.
Recreational Loans
Finance some fun with an affordable recreational loan. Available for motorcycles, ATVs, boats, RVs, and more, our loans will get you where you want to go.
Special Purpose Savings Account
FAQs
Community First Credit Union membership is open to anyone who lives, works, or attends school in one of the following Florida counties: Baker, Brevard, Broward, Clay, Duval, Flagler, Indian River, Lake, Martin, Nassau, Orange, Palm Beach, Putnam, Seminole, St. Johns, St. Lucie, or Volusia.
Membership is also open to any relative of an existing or eligible Community First Credit Union of Florida member. We also offer membership to select employer groups, including employees of Brooks Rehabilitation, Miller Electric Company, and Web.com. Not sure if you qualify? Contact us.
You may still be able to get a pre-approved auto loan if you have a low credit score. Contact us at 904.204.2929 to find out what options are available to you.
With an Auto Loan Express Draft, you are given an auto loan pre-approval (after applying for pre-qualification with a credit pull) that allows you the freedom to shop around at any dealership you choose, knowing your pre-approved amount. You'll have the negotiating power of a cash borrower since you'll be ready to purchase at a moment's notice.
- Valid United States Driver's License, Permanent Resident Card, or United States Passport
- Your income
- Your address and proof of residence
- The make and model of the vehicle you want to finance.
- The desired loan amount and terms
Though these terms are often used interchangeably, they can have different meanings, and may differ slightly from one lender to the next.
When you apply for an Auto Loan Express Draft at Community First, you're applying for pre-qualification. In this process, we pull your credit report to understand your creditworthiness. This helps us determine the loan amount and interest rate you qualify for.
Pre-approval generally means we are not pulling your credit report. For example, credit union members may have 'pre-approved' offers when they sign into online banking, and may receive offers via email. In this process, we do not pull a person's credit report.
1 APR= Annual Percentage Rate. A payment example is $20,000.00 financed for 72 months at 5.09% is approx. $323.67 Minimum loan amount is $20,000. Used vehicles must be 2018 or newer. All rates are based on the member’s individual credit history. Terms are subject to conditions and verification. Credit, income and other restrictions may apply.
2Auto Loan Refinance - APR= Annual Percentage Rate. Credit, membership, and other restrictions apply. A payment example is $14,000.00 financed for 72 months at 5.99% is approx. $232.55. Rates are subject to change without notice. Minimum loan amount is $14,000. Used vehicles must be 2017 or newer. Refinances of existing Community First Credit Union FL loans do not qualify for this offer. Offer may end at any time without notice