Auto Loans in Biddeford, Maine
Whether you need a tough vehicle to get you through the snowy winter months, something fun and zippy to head to the coast in the summer, or just a reliable, year-round car for the family, an auto loan in Biddeford can help. With local decision-making and an easy online application, you'll enjoy a streamlined process from start to finish.
Find out how an application process works, plus the benefits that come with choosing TruChoice FCU for your loan.
How to Get an Auto Loan in Biddeford
It's easy to apply for an auto loan in Biddeford with TruChoice's online application. Choose from a dealer purchase, lease buyout, or private sale. Alternatively, you can also refinance an existing car loan from either TruChoice or another financial institution, including cashout refinances that let you tap into your vehicle's equity.
Next, you'll include information on the vehicle you plan to buy. Requested details include:
- Vehicle type
- New or used
- Make and model
- Estimated purchase price
- Down payment amount
- Requested loan term
You can start the application process without being a TruChoice member, you just need to qualify for membership. All it takes is living, working, worshipping, or attending school in one of these counties in Maine: York, Cumberland, Oxford, Androscoggin, Sagadahoc, Lincoln, Knox, Kennebec, Franklin, or Somerset. You can officially become a member when you finalize your loan terms.
Once you're approved, you can e-sign for your loan from anywhere you'd like!
Benefits of an Auto Loan with TruChoice FCU
TruChoice is committed to making vehicle financing affordable and easy. With local underwriting, you'll get a fast decision so you don't miss out on the car or truck you've been waiting for. And if you have questions about your online application, it's easy to reach one of loan experts to get the answers you need.
Here are some other perks of choosing TruChoice for your next auto loan.
- Competitive interest rates to keep payments affordable
- Fixed rates to make your budget predictable
- Loan terms as long as 84 months
- No minimum loan amount
- Online application and e-signature
- Personalized support throughout the process
Ready to get behind the wheel of a new vehicle? Apply for an auto loan in Biddeford today.
New Vehicle (Less than 3 years old)
| Approximate Time | APR |
|---|---|
| Up to 48 months | As low as 4.25% |
| Up to 60 months | As low as 4.50% |
| Up to 72 months | As low as 5.00% |
| Up to 84 months | As low as 6.50% |
No minimum. Apply online now!
For example: a $15,000 auto loan with an interest rate of 4.70% for 48 months. Monthly payment is approximately $343.40. Total Finance charge is approximately $1,483.42.
Used Vehicle (3 years or older)
| Approximate Time | APR |
|---|---|
| Up to 48 months | As low as 4.25% |
| Up to 60 months | As low as 4.50% |
| Up to 72 months | As low as 5.00% |
| Up to 84 months | As low as 6.50% |
No minimum. Apply online now!
For example: a $15,000 auto loan with an interest rate of 4.70% for 48 months. Monthly payment is approximately $343.40. Total Finance charge is approximately $1,483.42.
Want to talk through what you need? We're here to help.
*Annual Percentage Rate (APR) applies to the loan amount financed. Your APR may vary based on your individual credit history and our underwriting criteria. For example: a $15,000 auto loan with an interest rate of 4.70% for 48 months. Monthly payment is approximately $343.40. Total Finance charge is approximately $1,483.42.
