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Purchase Auto from Individual


Drive off with rates
as low as 1.74% APR*

Buying your next vehicle shouldn’t be a hassle.


Purchasing from an individual can be an easy, cost-saving way to buy your next vehicle. And you can get pre-approved for a great rate loan from CRCU before you buy for extra confidence when negotiating with the seller.

  • Competitive interest rates
  • Discounts available
  • Little- to no-money-down options with 100% financing available
  • No hidden fees
  • No early payoff penalties
  • Flexible terms available for payments customized to your needs
  • Financing for new, used, and classic vehicles
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Benefits/Good to Know

  • Original signatures are required on the title applications and Power of Attorneys for title work
  • We do not finance third-party title transfer (name on front of the title must the seller)
  • The title office charges $33.00 to add our lien to your title
  • State taxes will be calculated and collected at time of loan. Texas sales taxes are 6.25% of purchase price of an auto or 80% of Standard Presumptive Values (SPV), whichever is higher.
  • A valid, non-expired, state-issued driver’s license is required
  • Employment information (including employer name and contact information)
  • Proof of income (pay check stub or W2)
  • If available, information about the vehicle (make, model, year, mileage, and VIN) or collateral
  • If available, get copy of title (front and back)

Tools to buy or refinance your ride:

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Auto Loan Calculator

Estimate your monthly car payment.

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GAP Insurance Available

Save on dealer pricing with GAP insurance.

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Two skip-a-pays every year

Skip a loan payment at your convenience.

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Auto Loan
Rates

Browse all current auto loan rates.

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The Process

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Before you apply, be sure to gather the following:

  • Employment information (including employer name and contact information)
  • Proof of income (pay check stub or W2)
  • If available, information about the vehicle (make, model, year, mileage, and VIN) or collateral
  • If available, get copy of title (front and back)

Prior to loan closing, be sure to:

  • Contact your insurance agent to add new lien information and retrieve a binder
  • Insurance binder should list CRCU as lienholder and have our PO Box address
  • Sign your loan documents in person – or electronically with our online application

For loan closing, please:

  • Present the vehicle for a visual inspection, if applicable
  • Obtain the original title or, if the vehicle has a lien, a 20-day payoff from seller’s financial institution with account number and payoff address
  • Bring a valid, non-expired state-issued photo ID (all parties)
  • Bring the original emission report if auto is coming from a non-emission county to an emission county (must be dated with last 30 days)

Need Assistance?

For personal help with your loan application, drop by your neighborhood CRCU branch or give us a call at (800) 238-3228.

Contact Us

Apply Today

 
*APR = Annual Percentage Rate. Certain terms, conditions, and or discounts apply to rates listed. Rates current as of April 6,2020, and are subject to change based on market conditions and borrower eligibility. A $25,000 loan with a 60-month term at 2.74% APR equals a $446.79 monthly payment. Your monthly payment includes principal and interest and may be higher or lower depending on your loan amount, APR and term. Other rates and terms available. May not be combined with other offers. All loans and rates are subject to approval and some restrictions may apply.  Subject to mileage and vehicle age limitations. A vehicle is considered new when the model is current calendar year, next year so long as the mileage does not exceed 7,500 miles. CRCU finances up to 120% of MSRP (new vehicles) or the NADA Retail value (used vehicles). Maximum loan to value (LTV) is 120% including tax, license and fees. Maximum LTV is subject to approval and certain restrictions may apply. Not available to refinance an existing CRCU auto loan. The minimum approved loan amount is $500.00. Offer subject to change or cancellation without notice. The rate listed above include all applicable discounts. View rates page to view all disclosure & rates. CRCU Membership required. Contact us for details. Offer subject to change or cancellation without notice.

FAQs

It is preferred, but no. They can come in at separate times. 

Yes.

No.  The title will be mailed within 20 days.

Last payments must be made in cash or verified cashier’s check.  Ask a representative to submit a request to the Loan Central Department to mail your title sooner.

Yes.

GAP Insurance helps pay off your remaining loan balance if your auto is stolen or damaged and is deemed to be a total loss. GAP Insurance bridges the "gap" that can occur when the unexpected (accident or theft) happens to your auto.

Yes. Your loan can be fully protected in case of an unexpected loss of income.