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Why Getting Preapproved is Empowering

Preapprove Your Way to a Better Car Deal

woman sitting in new car with a confident smile

Before you set foot on the car lot, get preapproved for an auto loan at Elevate Credit Union. Getting preapproved for a car loan means you’ll know what size loan you’re qualified for and what kind of rate you’ll pay. It gives you the confidence to know what you can afford, empowers you to negotiate, and gives you a better rate than most car dealerships will provide you.

Applying for an Auto Loan with Elevate Credit Union is quick and easy. You can come into one of our branches, give us a call, or even apply online. To find out more and apply online click here: Elevate Auto

Woman on phone applying for an auto loan is easy

To apply for preapproval, you’ll need to have a few things ready:

  • Name and address
  • Social Security number
  • Driver’s license number
  • Employer information (name, hire date, gross income)
  • Current housing information—monthly payment, time in current residence

If you have questions about how much you can afford or how financing works, we are happy to help.

Once you’re preapproved, you’ll receive a preapproval letter that you can take car shopping.

Getting preapproved is a significant advantage, as it shows car sales staff that you’re a serious buyer. It also removes the pressure of negotiating financing contracts at the dealership. It allows you to focus your attention on finding the right vehicle. And, if you need another incentive, our low auto loan rates can get you on a faster track toward making your dream car a reality.

Call, go online, or stop in to Elevate Credit Union today. We’re here to help with all of your vehicle loan needs.