Buying a Vehicle

Getting Started

We strongly recommend you secure financing by getting a pre-approved vehicle loan, like our Auto Draft, before you even start looking for a vehicle. That way, you'll know how much you can spend and you'll have the buying power of cash at the dealership.

Getting What You Asked For
Don't let vehicle manufacturers offers of "low-rate" financing deter you from shopping around for the best vehicle loan rate. Dealer financing that promotes a low annual percentage rate can pull you  into the showroom and may be available only on select models. 

 Call Center: 715-627-4336 or
toll-free 1-800-398-2667

Please email us with questions or comments.

PRIVACY POLICY

Should the dealer offer you a choice between low-rate financing or a cash rebate, it's often best to take the rebate and finance the purchase elsewhere. Always compare CoVantage financing to alternatives. Our rates are among the lowest in the area. For more information on comparing dealer financing with CVCU financing and trying a comparison calculator, click here.

Avoiding Hidden Penalties
Some financing plans have penalty fees for early payoff. There's never a penalty for paying a CoVantage loan off early. Our car loans are calculated using the "simple interest" method, which means the finance charge is assessed on the amount of loan outstanding. So if you decide to pay off your CoVantage vehicle loan early, you'll actually save on the finance charge due.

Applying for a CoVantage Credit Union Vehicle Loan 
Applying for a CoVantage vehicle loan is fast and easy. You can apply online right now, at one of our branch locations, or by phone (1-715-627-4336 or 1-800-398-2667).

When applying, please have the following information readily available:

• Your CoVantage Credit Union member number and Social Security Number 
• Employment and income information 
• Credit information -- monthly payments and balances including housing 
• If you've already selected the vehicle, please provide the name and address of seller, purchase price, serial number, down payment, trade-in, and state in which it is to be titled 
• For joint applicants: social security number, birth date, employer, income, and debts of the joint applicant 

Next: Shopping for a new vehicle