Would you love a new vehicle, but hate wrangling over financing?
For many, buying a vehicle is their second biggest investment. Let us help you navigate your next purchase so that you get a vehicle that you can love and afford.
Be prepared! When you apply for preapproval you simplify the buying process and empower yourself to get the best deal.
Step 1: Call us or apply online
Let the dealer know you’re a qualified buyer with our preapproval letter; ask the dealer to send us the purchase agreement.
Working with an individual seller? We can help you complete the sale.
Step 3: Sign at a branch or on the go - from anywhere
With our new electronic signature service you can sign your loan documents securely from anywhere - using your smartphone, tablet or computer.
Guaranteed Asset Protection (GAP) can protect your family, your vehicle and your credit rating
If your vehicle is declared a total loss, your auto insurance settlement may not cover the full balance of your loan. A GAP policy can pay off the difference between your primary insurer's settlement and the loan balance, plus give you $1000 toward the purchase of your next vehicle when financed with OUCU.
Coverage also includes Auto Deductible Reimbursement (ADR). ADR will pay you back, up to $500, when you file a claim on your comprehensive or collision auto insurance coverage.
The claim must exceed your primary insurance deductible amount on a vehicle that is registered in the name of the GAP holder and covered by the GAP holder’s insurance. This coverage can reduce or eliminate your out-of-pocket expense if you need to file an insurance claim, and help you get back on the road.
GAP coverage is also available for power-sports vehicles, watercraft and recreational vehicles.