Auto Loans

Great Rates and Fast Approvals

Alliant vehicle loans offer better than bank rates, fast and easy application process, no prepayment penalties and you can close your loan online to get the money faster. Apply anytime online or on the phone and get pre-approved before you go to the dealer. Funds are available the same day in most cases. Optional Mechanical Repair Coverage (MRC).

  • New vehicle (as low as) 1.74% APR
  • Used vehicle (as low as) 1.99% APR
  • Flexible terms
  • Fast approval process
  • Apply 24/7 online or on the phone
  • Purchase or refinance

View Disclosures

Rates include automatic payment option. Rates are 0.4% higher without automatic payment option. Loan approval, APR and downpayment required based on payment method, creditworthiness, collateral and ability to repay. Rates are 1% higher for refinancing an existing Alliant loan. Rates, terms and conditions are subject to change. APR = Annual Percentage Rate. Terms up to 60 months for loan amounts less than $20,000. Terms up to 72 months for 2011 and 2012 models with a loan amount of $20,000 or more. Terms up to 84 months on new vehicle loans of $25,000 or more. Add 1% for over 72 month term. You must be or become a member of Alliant to apply. Applicant must meet eligibility requirements for Alliant membership.

Frequently Asked Questions

How can being pre-approved help me when I’m car shopping?
Being pre-approved helps you focus on negotiating the best price, knowing that you won’t end up with high rate financing when you close the deal. Plus, car dealers tend to take people more seriously when they come in with pre-approved financing because it means you’re ready to do business and not just “window shopping.” That puts you in a better position to negotiate, since they know you are a serious buyer.

How fast can I be approved? Will funds be available same day?
In many cases, your funds may be available the same day. We understand that sometimes the vehicle-buying process is urgent. Maybe your old car no longer works and you need a new one fast. Our loan specialists will answer your questions and help expedite the simple application and quick approval process.

Can I pay my car loan off quicker than the payment schedule?
Absolutely. At Alliant, there are no prepayment penalties for paying off your vehicle loan faster than your payment schedule. In fact, it’s a great way to save interest expense in the long run.

MEMBER’S CHOICE™ Protection

Valuable protection that helps safeguard you and your family when you may need it most
Alliant is pleased to offer MEMBER’S CHOICE™ Protection Consumer Loan Protection. By choosing this valuable protection, you'll be adding a safety net for loan payments that helps to bring peace-of-mind for you and your loved ones should you encounter unforeseen financial difficulty due to disability, involuntary unemployment or death.

Consumer Loan Protection Options
To take advantage of this benefit, simply check your preferred protection package on the Loan Application. The fee will be added to your outstanding balance each month. This valuable protection can be added at any time during the life of your loan.

Option #1: Preferred Plan

  • Protects the primary borrower.
  • Protection includes loss of life, disability and postponement of payments due to involuntary unemployment.
  • Cancels your outstanding loan balance up to $100,000 in the event of death.
  • Cancels your monthly loan payment for up to twelve months or $12,000 in the event of disability.
  • Defers your monthly loan payment for up to six months if involuntarily unemployed.

Option #2: Preferred Plus Plan

  • Protects both you and the co-borrower with the same benefits as the Preferred Plan.

Option #3: Consumer Life Plan

  • Protects up to two borrowers per loan.
  • Cancels your outstanding loan balance up to $100,00 in the event of death.

Option #4: Life Payment Holiday Plan

  • Protects up to two borrowers per plan.
  • Protection includes loss of life and postponement of payments due to involuntary unemployment.
  • Cancels your outstanding loan balance up to $100,000 in the event of death.
  • Defers your monthly loan payment for up to six months or $6,000 if involuntarily unemployed.

Option #5: Payment Unemployment Holiday Plan

  • Protects up to two borrowers per loan.
  • Protection includes postponement of payments due to involuntary unemployment.
  • Defers your monthly loan payment for up to six months or $6,000 if involuntarily unemployed.

MEMBER’S CHOICE™ Protection Agreement for Consumer Loans (PDF)

MEMBER’S CHOICE™ Protection contains certain terms and exclusions. Protection is not available for term loans or Interest-only Home Equity products. The protected borrower(s) may not be eligible for all benefits. Refer to the MEMBER’S CHOICE™ Protection Agreement for complete details. The MEMBER’S CHOICE™ Protection fee will be added to your loan and calculated in your monthly payment. Rates, terms and conditions are subject to change. Purchase of this protection is voluntary and not required in order to obtain credit. We will not consider whether or not you elect this protection in making our credit decision.

DPGAP-0612-0235

Guaranteed Asset Protection (GAP)

Added Protection for Your Vehicle and Alliant Car Loan. GAP is an affordable way to protect against potential financial loss. Gap is a waiver which pays the difference between your insurance company's actual cash value of your car, less your deductible, and your Alliant Credit Union loan balance in the event the covered vehicle is stolen, damaged beyond repair, or otherwise declared a total loss.

  • If your car is stolen or totaled, its actual cash value as determined by your insurance company can be thousands less than the amount that remains on your car loan balance which you are obligated to pay
  • GAP can save you from making loan payments for a vehicle that’s beyond repair, stolen or unrecoverable

You should consider protecting yourself with GAP if you have financed more than 75% of the value of your vehicle, or intend to purchase a car with little or no money down.

  • GAP is available for both new and used vehicles, including all car makes and models, light trucks, vans, personal watercraft, snowmobiles, ATVs, motorcycles and some small RVs and boats valued up to $100,000
  • Covers the difference between actual cash value (less deductible) and outstanding loan of up to $50,000
  • Can be purchased at any time during the life of an Alliant vehicle loan, for loans up to 84 months, and is completely refundable if cancelled within the first 90 days
Ask about GAP when you apply for your Alliant vehicle loan.

Check our fee schedule.

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