Auto Loans

Yes! It's best to secure your loan prior to car shopping so you'll know how much you are pre-approved for and can spend. We offer very competitive loan rates that can potentially save you money. Apply online now or contact us for more information on loan rates and apply today.

Yes, Central Willamette Credit Union offers auto loan refinances that could likely save you money with a lower rate and/or lower payments. Apply online today.

Central Willamette requires you to maintain full coverage insurance on your vehicle while it is financed. Your comprehensive and collision deductibles may not exceed $1,000.00.

No, there is not an early payoff penalty on auto loans.

Guaranteed Asset Protection (GAP) is a valuable product that pays the difference between the actual cash value (ACV) of your vehicle and the outstanding loan balance in the event of a total loss. Your insurance deductible is also covered by GAP, as your insurance company pays ACV less the amount of your deductible, therefore the "gap" is increased by this amount. For loans that have GAP Advantage there is a benefit, in addition to that listed above, that provides a $1,000 benefit toward the financing of a replacement vehicle. In order to utilize the GAP Advantage benefit, the following conditions must be met: There must be a total loss to your vehicle, the replacement vehicle must be financed with Central Willamette within 90 days of the date of your primary insurance settlement, and the claim for the GAP Advantage must be filed within 95 days of the date of your primary insurance settlement. If you would like to purchase GAP or need additional information, please contact us.