The sun is shining, the birds are chirping, and you’re ready to take on the day; unfortunately, your once trusty ride is now little more than a rusty lawn ornament that occasionally gets you from point a to point b – when the stars align just right. If riding your old clunker until the rims fall off isn’t as appealing as it once was, maybe it’s time you put it out to pasture and check out the market for a new automobile.

While getting an auto loan through a credit union does require a little more effort on your part, there are multiple benefits to walking into a dealership with your own financing in hand and 3 major benefits of that financing being through a credit union.

1. Rates worth Raving about
Credit unions are not-for-profit cooperatives that reinvest the profits they receive into their members. Because of this, credit unions are able to offer some amazing benefits to their members, including competitive rates – with new auto loan rates being nearly two percentage points lower on average, personalized service, and higher savings rates.

2. Affordability with Approval
Credit unions care about their members. They are member owned institutions so serving their members is their highest priority. They don’t take a commission on your loan or pay dividends to stockholders (like a bank). You don’t have to worry about them trying to upsell you to a Camaro when you’re on a Malibu budget. They want to put your best interest first. When you’re pre-approved for an auto loan from your credit union, you can rest assured that you’ve been approved for a loan you can actually afford. That means that before you ever get to the dealer, you know exactly how much you can spend and exactly how much your maximum payment will be.

3. Dealership time Diminished
If you’ve ever purchased a car from a dealer, you know how daunting the process can be. If you’re pre-approved for an auto loan at your credit union, you can skip this process and get the keys in your hand faster. Credit union financing puts you in charge.

Are you ready for a new ride? Crane can help!

Visit us at to join or visit one of our branches to speak to a loan officer in person.