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Car & Motorcycle Loans

Your next adventure awaits with Auto Loan rates as low as 4.99% APR!*

*Apply Now View Rates
  • New and used vehicles
  • Purchases or refinancing
  • Great low rates
New and used vehicles
Purchases or refinancing
Great low rates
Car & Motorcycle Loans Gap Advantage Loan Payment Protection Mechanical Breakdown Protection TruStage Insurance Discount

Burn rubber, not cash

Once you pick out a car, truck, SUV or motorcycle, you're ready to hit the road. That's why Westerly Community Credit Union has fine-tuned a fast, straightforward loan approval process designed to help you save time and money — without the stress.

Finance with confidence knowing you’re working with a local credit union that puts your needs first.

  • Auto Loan Rates as low as 4.99% APR* – Purchase or refinance and save more. *View Rates
  • No payments for 60 days – Keep more cash in your pocket while you settle into your new vehicle 
  • Easy to apply - Apply in minutes and get approved online before you shop


Vehicle Protection Options for Added Peace of Mind

You can protect your vehicle with affordable GAP Advantage and Mechanical Breakdown Protection policies.

GAP Advantage Protection

Helps cover the "gap" between your vehicle's value and the amount you owe if your vehicle is damaged beyond repair or stolen. You can also get a $1,000 credit toward the financing of a replacement vehicle if financed with the same financial institution.  
Learn More

Mechanical Breakdown Protection 
Provides coverage after your vehicle's manufacturer’s warranty expires. It covers a wide range of parts and repairs, car rentals, emergency roadside assistance and travel expenses.
Learn More

Apply
Refinance
Motorcycle Loan Purchase

FAQs

Membership is available to individuals who live or work in Rhode Island, New London County, or Windham County, Connecticut. 
Explore the Car Loan module in WCCU's Financial Education Center to learn different options for buying a car and the steps to apply.
Getting pre-approved will allow you to determine how much you can afford and help you determine your price range. It will also allow you to compare offers and find the best deal. Apply now for pre-approval.

Auto Loan Purchase
Auto Loan Refinance
Motorcycle Loan Purchase
Yes! And we will take care of all the paperwork with the DMV, so you don’t have to go!

Refinance documentation required:
  • 20 day pay off letter from current lender.
  • Copy of the Registration – used for VIN verification.
  • Insurance Binder (Request from Insurance company after loan approval)
    • Requires a $1,000 Deductible
    • Lien Holder: Westerly Community Credit Union, Wakefield, RI 02879
  • Notarized Title Application
    • Title application fee (varies by state)
Calculating how much car you can afford before you visit the dealership can save you hundreds, maybe thousands, of dollars in the long run. Use our Auto Loan Calculator to quickly see what’s right for your budget.
Calculate your monthly payment with our Auto Loan Calculator. 
Dealer Purchase:
  • Purchase and Sales agreement – signed by the applicant   
  • Insurance Binder (Request from Insurance company after loan approval)
    • Requires a $1,000 Deductible
    • Lien Holder: Westerly Community Credit Union, Wakefield, RI 02879
Refinance:
  • 20 day pay off letter from current lender.
  • Copy of the Registration – used for VIN verification.
  • Insurance Binder (Request from Insurance company after loan approval)
    • Requires a $1,000 Deductible
    • Lien Holder: Westerly Community Credit Union, Wakefield, RI 02879
  • Notarized Title Application
    • Title application fee (varies by state)
Lease Buy-Out:
  • Insurance Binder (Request from Insurance company after loan approval)
    • Requires a $1,000 Deductible
    • Lien Holder: Westerly Community Credit Union, Wakefield, RI 02879
  • Buyout Package/Purchase and Sales Agreement (The dealership will provide the documentation) 
  • Copy of Odometer statement.
  • Copy of the Registration for VIN verification.
    • NOTE: You will need to schedule an appointment with the DMV ASAP since appointments can be out as far as 6-8 weeks, which is when the title needs to be returned to WCCU.
Private Sale:
  • Notarized Bill of Sale – document layouts/process can be found online; can be notarized by anyone.
  • Copy of the Vehicle Title, front and back.
    • NOTE: You will need to schedule an appointment with the DMV ASAP since appointments can be out as far as 6-8 weeks, which is when the title needs to be returned to WCCU.
  • Insurance Binder (Request from Insurance company after loan approval)
    • $1,000 Deductible
    • Lien Holder: Westerly Community Credit Union, Wakefield, RI 02879
  • $40 Vendor Single Interest insurance fee (VSI) - protects WCCU in the event that the vehicle is damaged or destroyed.
  • Title Application Fee (varies per state)
  • There are NO application fees.
  • There are NO early payoff penalty fees.

Vendor Single Interest (VSI) Insurance protects lenders in the event that the vehicle is damaged or destroyed.

Pay the way that works best for you!
Certain loans may be available through participating dealers or third-party lending programs. Membership details are provided as part of the loan process.
Yes. There are NO fees or penalties to payoff your loan early. Contact us to request the payoff amount.
Visit our Frequently Asked Questions page for more information regarding our eBanking Features, Digital Wallet, Security and Tech Help.
 

Westerly Community Credit Union offers valuable banking solutions including checking accounts, savings accounts, mortgages, home equity loans, car loans, credit cards, personal loans and more. Bank online or visit one of our conveniently located branches in Westerly, Richmond, Wakefield, and Coventry, Rhode Island.

Checking That Pays You Back!
Earn 3.50% APY* with WCCU's eChecking on balances under $20,000!
*Learn More!
WCCU helped my wife and I pay off our mortgage. We have been mortgage-free for over a year now and have gained financial freedom.
David I. of Charlestown
We joined right after WCCU opened. Needed a loan to pay off some bills. Everyone is so helpful and always has a smile for you. Always made me feel like part of the family. For me...the WCCU is the only place to bank! Thank you so much for such great service over the many years!
Gerry M. of Westerly
We joined the WCCU many years ago because we really got tired of the big banks with their big fees and lack of community. We stayed because they treated us like we mattered. They valued their members by offering great rates on mortgages and HEQ loans. When my husband became ill, they worked with us until we could get back on our feet. Only small hometown banks offer this type of service.
Deanna C. of Westerly

Helpful Resources

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See how much you could save just by refinancing and moving your loans to WCCU.