Alliant Auto Loans Get you on the Road Fast
Pre-approved financing can give you peace of mind and bargaining power.
- New vehicle (as low as) 3.85% APR
- Used vehicle (as low as) 4.10% APR
- Flexible terms
- Pre-approval available—use as leverage as you shop around
- Alliant can also save you money when you refinance your current loan from another financial institution
- Optional Mechanical Repair Coverage (MRC)
- Up to 100% financing
- Quick approval with funds available the same day in most cases
- No prepayment penalty
- Convenient automatic payment or monthly coupons
| New | Amount Financed | Interest Rates (APR) | Term3 | Monthly Payment4 | Alliant Savings4 | ||
|---|---|---|---|---|---|---|---|
| Alliant2 | Bank1 | Alliant | Bank | ||||
| 2010 | $20,000 | 3.85% | 6.25% | 72 months | $312 | $334 | $1,584 |
| $25,000 | 3.85% | 6.25% | 72 months | $389 | $417 | $2,016 | |
| $30,000 | 4.85% | 6.25% | 84 months | $422 | $442 | $1,680 | |
| Used | |||||||
| 2009-2010 | $20,000 | 4.10% | 6.73% | 72 months | $314 | $338 | $1,728 |
| 2007-2008 | $15,000 | 4.10% | 6.73% | 60 months | $277 | $295 | $1,080 |
2 Alliant vehicle rates available as of 3/9/10. 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, terms and conditions are subject to change. APR = Annual Percentage Rate. Add 1% for 84 month term.
3 Terms up to 60 months for loan amounts less than $20,000. Terms up to 72 months for 2009 or 2010 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 84 month term.
4 Money saved over the life of your loan with Alliant Vehicle Loan vs. bank vehicle loan. Monthly payment and savings examples assume purchase with 100% financing. Payment amounts are estimates only. Your actual payments may differ based on payment frequency and loan terms.
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?
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. In many cases, your funds may be available the same day.
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
Alliant is pleased to offer MEMBER’S CHOICE™ Consumer Loan Protection. By adding this low-cost valuable payment protection to your loan, you’ll be adding a safety net of comfort and peace-of-mind for you and your loved ones, should you encounter unforeseen financial difficulty due to disability or death.
- Provides peace-of-mind for only pennies a day
- Protects you and your family by canceling your monthly payment, up to the plan maximum, in the event of disability; or your outstanding loan balance, up to the plan maximum, in the event of death
- Shields you from loss of income with involuntary unemployment coverage
- Helps preserve your valuable credit rating
- Helps shelter you from bankruptcy, foreclosure and repossession in a difficult time
- Coverage available up to age 70 on all consumer loan protection options
Consumer Loan Protection Options*
Simply check your preferred protection package on the Loan Application.
Option #1: Ultra Plan
- Protects the primary borrower
- Protection includes life, disability and 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
- Cancels your monthly loan payments for up to six months or $4,000 if involuntarily unemployed
Option #2: Preferred Plan
- Protects the primary borrower
- Protection includes life, disability and 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 loan payments for up to six months if involuntarily unemployed
Option #3: Preferred Plus Plan
- Protects both you and the co-borrower with the same benefits as the Preferred Plan
Option #4: Consumer Life Protection Plan
- Protects up to two borrowers per loan for just pennies a day
- Cancels your outstanding loan balance up to $100,000 in the event of death
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
Check our fee schedule.
Call 800-328-1935
