Hit the Road with an Auto Loan
Bayou CFCU members will get the best Auto Loan rate they qualify for, but if you find a better Auto Loan rate and provide proof that you qualify for it, we will try to match or even beat that rate!
Plus, we offer exclusive products that will protect your investment and provide you with even more savings when compared to purchasing straight from the dealership:
GAP Plus: If the worst happens, GAP Plus will help you cancel the difference between what is still owed on your Auto Loan and the amount that the insurance company pays for your total loss.
You also get an extra $1,000.00 to go toward the purchase of your next car, if you finance with Bayou CFCU within six months of your total loss claim.
Extended Warranty: This will cover most mechanical issues that your car may experience after the initial manufacturer’s warranty has expired. Depending on the product you select and the deductible you choose, your car repair could be covered at no cost to you. Our warranty is accepted at any mechanic facility that you choose.
Bring Your Auto Loan to Bayou CFCU
When you bring your Auto Loan to Bayou CFCU, you could skip the first three payments (up to $1,600)!
Auto Loan rates are higher than they have been in years, so switching your Auto Loan to Bayou CFCU just makes sense. We offer the lowest Auto Loan rates available to our members, plus, if you qualify for a rate lower than ours, we’ll do our best to match it (or even beat it!).
Apply today to start saving on loan payments and free up some cash!
Eligible members may elect to defer their 1st payment up to 90 days (up to $1,600.00), however, the interest continues to accrue during the deferment period. This offer is valid for Auto Loans on vehicles currently financed with another financial institution. This offer DOES NOT apply to vehicles already financed at Bayou Community FCU.
Auto Loans for Both New or Used Vehicles
Whether you are buying a new or used vehicle, or even if you’re looking to refinance your current Auto Loan, Bayou Community Federal Credit Union offers great rates and a personalized experience.
These Auto Loans are made for the purchase of vehicles, and the borrower must secure the Auto Loan by assigning the credit union as the 1st lien holder on the title of the vehicle being financed.
The credit union considers a new vehicle to be the current year & one-year-old
Any vehicle over one year old will be considered used
The maximum loan term is six years with approved credit