Easily Find New and Used Automobile Loans in Lancaster, PA!
Finding the perfect car is exciting, but figuring out how to finance it can be overwhelming. You want the lowest rates possible and a hassle-free application process, but where do you start? Right here at Lanco FCU!
Lanco Federal Credit Union is your local source for new and used automobile loans in the Lancaster, PA, area! We have affordable loans available, so no matter what vehicle you find at the car dealership, we may be able to help you get in that shiny new car quickly!
Whether you’re a first-time car buyer, upgrading your existing vehicle, or interested in refinancing your current loan, Lanco FCU can help! With various programs available, we’re happy to help you apply for a vehicle loan that can result in significant cost savings compared with other lenders. So, apply for an auto loan with Lanco FCU online today. Experience the convenience and benefits of choosing a local credit union auto loan that puts your financial well-being first.
Your Auto Loan Options with Excellent Rates & Affordable Monthly Payments
Just as you look for a deal when shopping for a vehicle, it’s also essential that you get a good deal on your auto financing. Lanco FCU offers affordable financing for new or used cars, trucks, SUVs, and motorcycles. With our competitive interest rates and terms of up to 7 years, you’ll get a low monthly payment that works for your budget. Learn more about how to finance a car.
Lanco FCU offers new and used automobile loans in Lancaster, PA, for vehicles model years 1999 and newer. Approvals are typically made within two business days and are valid for 30 days.
New Car Auto Loan
When it comes to financing a new car, Lanco FCU offers competitive rates and flexible terms. With our new car auto loan, you can enjoy the excitement of driving off the lot in a brand-new vehicle while benefiting from our favorable interest rates. Whether you have a vehicle in mind or not, knowing your budget and how much you can finance can help you before you even talk to a car dealer.
We understand that purchasing a new car is a significant investment, and our team is here to help guide you through the process, ensuring you get the best loan terms possible. Plus, our knowledgeable team is here to guide you every step of the way, ensuring you get the best deal that suits your needs.
Used Car Auto Loan
If you’re considering purchasing a pre-owned vehicle, our used car auto loan option is ideal for you. Lanco FCU provides financing for used cars at competitive rates, allowing you to get behind the wheel of a reliable vehicle without breaking the bank. Our experienced team will assist you in securing a loan that fits both your budget and your transportation needs.
Don’t let the complexities of securing an auto loan dampen your enthusiasm. We’re here to make it easier than ever to purchase a used car. Applying online for an auto loan is quick and easy! We also accept in-person loan applications at any Lanco FCU branch. Call (717) 569-7180 to schedule an appointment now!
Refinancing Your Car Loan
Do you have a current vehicle loan and aren’t happy with your current loan terms? It may be time to consider refinancing to a more affordable car loan! In Lancaster, PA, we help current vehicle owners like you get to your financial goals faster. When you refinance your loan with Lanco FCU, we may be able to help you:
- Lower Your Interest Rate
- Lower Your Monthly Payment
- Simplify Your Finances
Best of all, there’s no refinance fee when you bring your auto loans to us from another bank or credit union. And, even if your current rate is lower than our advertised rates, we may be able to match your rate. Simply contact us today for more information!
Current Auto Loan Rates Apply for a Loan Online
Need to Join Our Credit Union?
By becoming a member of our credit union, you gain access to better rates and lower fees on your auto loans. You’ll also enjoy personalized service, where we prioritize your financial goals and tailor the loan to fit your unique needs. Join our credit union today and experience the advantages of membership – better rates, lower fees, and a community-focused approach that puts you first.
Enjoy These Benefits and More with an Auto Loan from Lanco FCU
At Lanco FCU, we are committed to providing our members with exceptional service and benefits. When you choose us for your auto loan needs, you can expect:
Better Rates
At Lanco FCU, we understand the importance of finding an auto loan with favorable rates. That’s why we strive to offer competitive rates that can save you money over the life of your loan. By securing a loan with us, you can enjoy the peace of mind of knowing that you’re getting the best possible rates in the market, allowing you to make significant savings in the long run.
Lower Fees
We believe in transparency and keeping more money in your pocket. With Lanco FCU, you’ll enjoy the benefit of minimal fees. We ensure our members have access to affordable financing options without unnecessary charges. By choosing Lanco FCU for your new or used automobile loan in Lancaster, PA, you won’t be burdened with excessive fees, making your loan more affordable and manageable.
Flexible Repayment Options
We recognize that everyone’s financial situation is unique. To accommodate your specific needs, Lanco FCU offers flexible repayment options. We want to ensure that your loan fits comfortably within your financial capabilities. Your loan will be suited to your budget, whether you prefer a shorter term for faster repayment or a longer term for lower monthly payments.
Local, Personalized Service
As a local credit union, we take pride in providing personalized service to our members. When you choose Lanco FCU for your auto loan, you’re not just a number—you’re part of our community. Our friendly and knowledgeable team is here to guide you through the loan process from start to finish. Whether you have questions, concerns, or need assistance, we provide the support you need.
How Do I Apply for an Auto Loan?
Applying for an auto loan with Lanco FCU is a simple and straightforward process. Here’s what you need to know:
1. Gather the Necessary Documents
Before starting your application, gather the necessary documents, such as proof of income, identification, and an idea of the amount of money you need to finance. Being prepared with these documents and numbers will help streamline the application process.
2. Apply Online
or in Person
Next, apply for the loan online or in person. Our online application is user-friendly and allows you to apply from the comfort of your own home. If you prefer a face-to-face experience, our friendly staff is ready to assist you at our branches.
3. Receive a
Decision
After submitting your application, you can expect a prompt decision from our loan team. We understand the importance of getting you on the road as quickly as possible, and we strive to provide efficient and timely loan approvals.
Answers to Your FAQs about New and Used Automobile Loans in Lancaster, PA
We understand that purchasing and financing a vehicle can sometimes be a confusing process. Between worrying about your credit score, loan amounts, annual percentage rates (APR), and the terms and conditions of your loan, it’s enough to make most people anxious. Luckily, Lanco FCU has the answers to ease your concerns!
How Much Can I Borrow?
The answer to this question may be one of the most important to know before you head to the dealership lot. Knowing exactly how much you can finance can help you in your vehicle decision. The maximum amount you can borrow to finance a vehicle depends on the model year, vehicle value, and borrower qualifications.
Generally, the loan maximums are:
| Model Year | Auto Loan Maximum |
|---|---|
| 2017–2023 | Up to 110% NADA Retail Value or MSRP |
| 2011–2016 | Up to 100% NADA Retail Value |
| 1999–2010 | Up to 90% NADA Retail Value |
J.D. Power acquired the National Automobile Dealers Association’s Used Car Guide division to provide accurate valuations of vehicles. Visit the NADA Guides website to look up vehicle values.
What If I Have Limited or No Credit History?
When you don’t have enough credit history to get approved for a traditional loan, Lanco FCU’s First-Time Auto Buyer Loan can help you get the financing you need to purchase a vehicle. This loan offers fair rates and terms and is a great way to start establishing a credit history. Call (717) 569-7180 for more information.
What If I Want to Finance Another Type of Vehicle?
We get that not all buyers need a new or used primary vehicle. Sometimes, you want to purchase something that brings a little more enjoyment to your life. If you are interested in financing the purchase of a recreational vehicle or classic car, please call us for information: (717) 569-7180 or (888) 318-4222. We’ll be happy to assist you with the right products and services for you!
Add Optional Protection for You and Your Vehicle
Financing a vehicle comes with a lot of responsibility. Between monthly car loan payments, auto insurance premiums, and maintenance, having the proper financial protection on your car is essential. That’s why Lanco FCU is proud to offer you optional protections when you finance with us.
Guaranteed Asset Protection Plus (GAP Plus)
If your car is stolen or totaled, GAP Plus covers the difference between your primary insurance settlement amount and the amount you owe on your loan. This coverage is highly suggested for borrowers financing more than 80 percent of the vehicle’s value. Learn more about GAP Plus.
Lanco FCU Debt Protection
Lanco Debt Protection is a voluntary loan-payment protection product that could help you get relief from loan payments if a protected life event unexpectedly happens to you. Protected events include loss of life, disability, and involuntary unemployment. Simple eligibility requirements help ease the enrollment process. Learn more about Lanco FCU Debt Protection.
Insurance Built for Credit Union Members Like You
Receive discounted auto insurance through Lanco FCU’s partnership with TruStage:
Ready to Get a New or Used Automobile Loan? Apply Online Today!
Don’t let the complexities of securing an auto loan dampen your excitement about finding the perfect vehicle. At Lanco FCU, we understand the challenges you may face when it comes to financing your dream car. That’s why we’re here to provide you with the solution you need—new and used automobile loans in Lancaster, PA, with excellent rates and affordable monthly payments.
Ready to inhale that new car smell? Our credit union is proud to help our neighbors in Lancaster, PA, achieve their life goals through affordable vehicle loans. When you want to purchase a new or used car, truck, SUV, motorcycle, RV, or classic car, contact Lanco FCU first for personalized and friendly service.
Whether you’re purchasing new, used, or refinancing an existing auto loan, we’re here to help you drive away happy. To see if you’re qualified and learn more about our vehicle loan programs, apply online today!