We can help you finance both new and used vehicles, and we also offer refinancing if you’d like to bring a loan over from another lender. Refinancing can be a quick way to lower your rate or adjust your loan term.

Absolutely! We finance both. Your rate and term depend on the model year and loan amount, but both new and used cars are eligible.

Loan terms vary, but they can extend up to 84 months depending on the vehicle and the loan amount. For higher balances, such as $40,000 or more, you may qualify for the longest terms available.

Yes, many members refinance with Cabrillo to take advantage of better rates or lower payments. You can apply online, and we’ll quickly let you know what you qualify for.

You’re free to pay off your loan early at any time. There are no prepayment penalties, and paying early can help you save on interest.

You’ll typically need your driver’s license, proof of income, and some details about the vehicle, such as the VIN and purchase price. The online application will walk you through the process step by step.

Most approvals are completed quickly, depending on how soon paperwork is submitted. Once approved, we’ll provide a check or electronic transfer so you can purchase your vehicle without delay.

Your approval and the rate you’re offered are valid for 30 days, giving you time to shop with confidence knowing your financing is ready.

You’ll need comprehensive and collision coverage, and Cabrillo must be listed as the lienholder on the policy. If you change insurance providers, simply send us the updated documents.

Once your loan is paid off, Cabrillo releases the lien. Paper titles are mailed, and electronic titles are released directly to the DMV. Processing can take around 10 business days, or up to 15–30 days depending on the DMV.

Yes, you can. After submitting your request to change your payment frequency, we will review it and contact you online. The change will not be processed until a Loan Addendum, also known as an Advance Receipt, has been signed by you.

No. While both are vehicle loans, recreational loans cover vehicles used for leisure (e.g., boats, RVs, off-road vehicles), and the terms, rates, and eligibility criteria differ accordingly.

One of our requirements is that you provide adequate insurance coverage on the property securing your loan. This insurance must at least provide comprehensive and collision coverage. The policy must contain a loss payable clause endorsement naming Cabrillo Credit Union as the lienholder. This insurance must remain in force for the entire term of the loan. If you change insurance providers, send us a new insurance binder showing Cabrillo Credit Union as the loss payee.

Most states require that your vehicle be re-titled, and all states require that your vehicle be re-registered in your new state. Please contact your state or county titling authority to determine the specific requirements in your area. Let them know that you have a financed vehicle, and provide us with written information from your local titling authority if needed.

Cabrillo Credit Union must be listed as the legal owner of the vehicle on all title and registration paperwork. You are responsible for paying all fees and expenses associated with this transaction. If the vehicle must be re-titled, most states require the title-holder to submit the original title to obtain a new Certificate of Title.

If Cabrillo Credit Union holds the title, your local titling authority will send us (or provide you with) a request for Cabrillo Credit Union to forward the title to them. You will also need a Power of Attorney in order to re-title your vehicle. Please contact us at the number below to request this document.

If your local titling authority needs to contact us directly, here is the contact information:

Cabrillo Credit Union
3710 Ruffin Rd.
San Diego, CA 92123
Phone: 800.222.7455
Attention: Titles

Please provide the following address to your insurance company:

Vehicle Loans:
Lienholder 3722
Cabrillo Credit Union
Insurance Center
9311 San Pedro, Suite 600
San Antonio, TX 78216