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Getting the Lowest Possible Auto Loan Payment

We offer a special program that allows us to either meet or beat other financial institutions' offers. Simply bring us another financial institution's offer in writing and we will meet or beat the rate, or give you $50!*

Loan Rate Discount

Earn an additional .25% discount off our already low interest rates when you have your paycheck directly deposited to your Cabrillo checking account.**

Auto Loan Calculator

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%
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Find Your Next Ride

  • DMV Add-On - Upon request, we’ll pay your annual DMV registration for your vehicle. We simply add the amount of your registration to your loan, giving you more financial flexibility. DMV Add-On won’t increase your payments, does not affect your interest rate, and there’s no charge for this service.
  • Select Your Payment Date - Pick the payment day that suits you best. If you change your mind later, no problem!
  • Choose Monthly or Bi-Weekly - To give you better monthly cash flow, you have the option to pay every other week or once a month. When you pay every other week, you reduce the payment amount and save even more money!
  • Meet or Beat - We’ll meet or beat your auto rate from another credit union or bank…or we will give you $50!
  • Skip-A-Payment - There are two opportunities a year to possibly skip your loan payment!
    • Summer - If money is tight you can skip your auto loan payment once, between February and October, for a modest fee.
    • December - Need to free up some money for the Holidays? Our Holiday Skip-A-Payment is free, as our gift to you for being a member of Cabrillo.​

Apply for an Auto Loan

Autos
Model Year Terms up to 36 Months Terms up to 75 Months
2016 and newer 2.90% APR* 3.65% APR*
2011-2015* 3.90% APR* 4.65% APR*

*Annual Percentage Rates (As Low As)

 Apply for an Auto Loan

Mechanical Breakdown Protection*

This coverage includes reimbursement for reasonable costs to repair or replace any breakdown of mechanical or electrical parts. Our MBP is as good as or better than any MBP offered through the dealership - at a fraction of the cost.

Guaranteed Asset Protection**

If your vehicle is stolen or accidentally damaged beyond repair, GAP covers the difference between your insurance coverage and the amount you owe on your loan. Plus you will receive an additional $1,000 if you finance your replacement vehicle with us.

Apply for an Auto Loan

*Purchase of Mechanical Breakdown Insurance Protection (MBP) is voluntary and will not affect your application or the terms and conditions of your loan. The insurance offered is not insured by the NCUA nor guaranteed by Cabrillo Credit Union. There are eligibility requirements, conditions, and exclusions that could prevent you from receiving benefits under your MBP plan. MBP is administered by (company that covers MBP) Additional terms, conditions and limitations may apply. Please refer to the product brochure, available at any of our branch locations, for additional information.

​**Guaranteed Asset Protection (GAP) is sold as a non-insurance product. Purchase of GAP Advantage Waiver is voluntary and will not affect your application or the terms and conditions of your loan. The product offered is not insured by the NCUA. There are eligibility requirements, conditions, and exclusions that could prevent you from receiving benefits under GAP Advantage, including a maximum loan-to-value ratio. GAP Advantage is administered by (name of company that issues GAP For the CU)Additional terms, conditions and limitations may apply. Please refer to individual product brochures, or request a GAP Advantage Waiver from any of our branch locations, for additional information.

We'll Find Your Dream Car

To help make your auto purchase easier, we are teamed up with New Cars Inc., our auto locator, whose sole purpose is to find the cars members are looking for. You don’t have time to shop every car lot in town, that’s why New Cars Inc. is here – to benefit you. Each used vehicle offered to Cabrillo members has passed a strict independent inspection process. Whether you want to shop their online used car inventory, request a new car search, or receive a trade-in value quote on your current vehicle, you will always get a great value and drive away happy.

Looking for something special?

Please contact New Cars Inc. to get started on finding the right car, truck or SUV for you. They'll do all the work and even drive it to the Cabrillo branch nearest you, so all you have to do is sign and drive away in your new car.

Apply for an Auto Loan

 

 

* Based on approved credit. Meet or Beat applies to credit union, bank or dealer financing, excluding manufacturer financing and rate buy-downs. May affect certain terms of the loan.

 

** Discount does not apply to Meet or Beat Rate.