Submitted by therealalanwatts t3_10cyz3g in Washington
Hey! I was hoping someone could provide a recommendation for a good financial institution to use in Washington in order to secure an auto loan. We are buying out my wife's lease and would like to finance the payments. We're new to Washington and it seems like there are so many—SCU, BECU, WECU, the list goes on. We live in Bellingham.
Getting the best rate is obviously most important, but good customer service too :)
Thank you!
BECU is the best. They even work with dealers to make it super easy.
If you’re shopping in WA, BECU is probably already in a relationship with the dealership and will be on the menu of options presented by the finance manager. They’re the largest credit union in the state for auto loans by a big margin.
Becu
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That’s untrue. That might be an issue with your credit history or income
Source? My auto loan with them was right about there, but I have freinds who I believe have larger loans.
I just did a 46k loan with them for a new car, so don't think that's accurate.
Yeah I also disagree. It was a few years ago, and our final loan was about that, but when we got pre-approved to see how much we could borrow, they were prepared to let us borrow more than twice that amount.
Not accurate at all. I financed $38,000 through them last December.
If you are ex military there is Navy Federal...
Navy Fed is the best.
I'm looking for the same recommendation 🤣
If the age of the vehicle is an issue, maybe look up SnoCope? The place I bought my 2006 Toyota went through them, good rate and no issues.
The car lot people said that SnoCope was one of the few who will finance older cars, don't know if that's true though.
How about interest rates guys. Which credit union has the lowest interest rates you've seen?
We also had a good experience with BECU with an auto loan. I think it probably helped that we already banked with them, so in addition to the dealership connection they had it was super-easy to set up automatic payments. That said, it’s been a few years (that loan is long paid off) and as our general banking institution we’re not 100% happy with them. Too much to go into detail here, but basically we feel they project that they’re as competent as big banks in tech and customer service knowledge, but that’s not the case. We like they’re a CU, so still with them now, but casually looking at alternatives. Anyway, if they can offer a competitive interest rate, I would still say go for it.
BECU has always been a ret option
If you’re in bham, Industrial Credit Union all the way. Never been happier with a bank/car loan than when I had one with the.
Though GESA doesn't have a Bellingham branch, they would be my recommendation. I've had an account of some sort with them nearly my entire life and never had a problem.
I love becu!
I like Twinstar
Wait a few months
BECU or Kitsap CU, I’ve had loans through both. They’re both good but my APR was slightly lower with Kitsap.
I have been impressed with North Coast Credit Union
Icu or wecu, becu
You might want to look at OBee Credit Union. No experience with auto loans with them, but with home and unsecured loans. I'm very happy and pleased with them in all of checking, savings and other accounts. They have been good to me.
We live in Washington but our car is through Oregon Community Credit Union. We love them and the experience we've had the last 2 years!
Red canoe, out of Longview Washington. Good rates and service.
Logizyme t1_j4iomg2 wrote
Becu