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New Car Loan

Upgrade to a Brand-New Ride

Nothing compares to the excitement of driving away in a brand-new vehicle. Whether it’s your first new car or an upgrade that’s truly yours, we’re here to make the process simple and stress-free. With competitive rates, flexible financing options, and guidance every step of the way, getting behind the wheel of your next car is closer than you think.

Explore Your New Car Loan Options

Crunch the Numbers

Curious what your monthly car payment might look like? Our easy-to-use calculator lets you plug in your loan amount, interest rate, and term to get a quick estimate. It’s a smart way to plan your budget before you hit the dealership.

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Check Out Today’s New Car Loan Rates

Thinking about a new car? Our competitive loan rates are built just for that. In fact, they’re often lower than what you’d get for used cars or refinancing. Based on your credit, income, and down payment, we’ll help you lock in terms that fit your budget—and get you cruising in no time.

With these tools, you can explore new car financing confidently, on your terms.

See All Rates

Apply for a New Car Loan Online

Start strong with a quick and secure online application. Get pre-approved in just minutes and head to the dealership knowing exactly what you can afford. It’s the smartest way to shop for a brand-new vehicle.

Apply Now
Member reviewing loan details online

Not Sure Where To Start?

We Can Help

Our experienced lending team is here to answer your questions—from down payments and loan terms to credit qualifications. Whether you’re new to auto loans or simply want advice, we’ll guide you through the new car loan process from start to finish.

Make An Appointment

New Vehicles We Finance

We finance all makes and models of brand-new vehicles, including:

  • Sedans & Compact Cars
  • Crossovers & SUVs
  • Pickup Trucks & Vans
  • Hybrid & Electric Vehicles

If it’s straight from the dealership, we’re ready to help you finance it.

Customer looking at a brand-new vehicle at a dealership

Don’t Forget Car Insurance

Stay protected on the road with coverage you can trust. We’ll help you get started.

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Frequently Asked Questions

Can I get pre-approved for a new car loan?
Yes. Pre-approval gives you buying power and clarity—making your dealership experience faster and easier.
Do I need a down payment for a new car?
Not always. We offer zero-down loan options for qualified buyers. We’ll help you explore your eligibility.
How long are new car loan terms?
Terms typically range from 36 to 84 months. We’ll help you find the best option based on your goals and financial situation.

Protect Your New Vehicle Investment

Financing a new car is a big step. We make it easier by offering protection plans—MBP, GAP, and DPW—that safeguard your purchase from unexpected costs and financial setbacks.

MBP: Mechanical Breakdown Protection

Mechanical Breakdown Protection covers mechanical breakdowns in conjunction with and for a longer duration than the original manufacturer's warranty. This helps ensure that the investment in your vehicle is protected and reduces the possibility of out-of-pocket expenses during an unexpected mechanical failure.

  • $0 deductible on all plans
  • Immediate coverage
  • Direct pay to repair facility
  • Emergency roadside service included
  • Rental car allowance
  • Battery coverage
  • Competitive rates
  • Cost can be included in your loan or
  • Can be purchased outside your loan
  • Fully transferable

GAP: Guaranteed Asset Protection

If your vehicle is totaled or stolen, your insurance settlement can be significantly less than the outstanding loan balance. GAP is designed to relieve you of the responsibility for the remainder of the loan balance that may not be covered. We’ll make up that difference. As an added benefit with GAP, you will also receive the Auto Advantage Program.

  • Low cost protection
  • Helps avoid financial hardship and afford a replacement vehicle
  • Helps protect credit rating
  • If enrolled prior to January 1, 2017, Auto Deductible Reimbursement (ADR) pays up to $500 per loss (limit of 2 losses per year) when claim is filed and paid with your primary insurance carrier
  • Personal ID Restoration Consulting in case of ID Theft
  • Eliminates the out-of-pocket expense for the remaining loan balance after loss settlement
  • Prevents deficiency balance from being added to new loan
  • If enrolled on or after January 1, 2017, Auto Deductible Reimbursement (ADR) pays up to $500 per loss (unlimited losses per year) when claim is filed and paid with your primary insurance carrier
  • Warranty Vault online storage for all your warranty information in one easy place

*In order to purchase GAP, you must have an active loan with First Source Federal Credit Union on the asset to be covered.

Learn more about GAP coverage and get a quote.

DPW: Depreciation Protection Warranty

Similar to GAP, DPW offers protection if your vehicle is ever totaled, or stolen and not recovered, at any time over the life of the loan. It waives some or all of your loan balance in the event of a total loss of your vehicle. It is equal to the difference between your vehicle’s MSRP or retail value at the time of DPW purchase, less the amount of your loan balance at the time of total loss. As an added benefit with DPW, you will also receive the Auto Advantage Program.

DPW is ideal for those who:

  • Have equity in the vehicle through a down payment, trade-in, or rebate
  • Make accelerated loan payments
  • Want protection from vehicle depreciation
  • Feel the money already invested in a vehicle should be protected

Benefits include:

  • No mileage, make, or year restrictions
  • Coverage can be purchased at any time
  • Coverage is 100% refundable for the first 60 days
  • If enrolled prior to January 1, 2017, Auto Deductible Reimbursement (ADR) pays up to $500 per loss (limit of 2 losses per year) when claim is filed and paid with your primary insurance carrier
  • Personal ID Restoration Consulting in case of ID Theft
  • Accidental death protection is included, which offers cancellation of up to $1,000 of your outstanding loan balance if you were to die in an accident
  • If enrolled on or after January 1, 2017, Auto Deductible Reimbursement (ADR) pays up to $500 per loss (unlimited losses per year) when claim is filed and paid with your primary insurance carrier
  • Warranty Vault online storage for all your warranty information in one easy place
Family enjoying a drive in their new car

Why Choose First Source for Your New Car Loan?

We specialize in helping Members finance brand new vehicles, offering standout benefits like:

  • Local Expertise, No Pressure

    Our team knows the local market and gives honest, helpful advice.

  • Transparent Tools & Rates

    Plan confidently with calculators, pre-approvals, and competitive new car loan rates.

  • Flexible Terms, Fair Process

    No hidden fees. No surprises. Just support.

Because nothing should come between you and that new car smell.

Driver enjoying a new car

Live Smarter

Ready to drive something new? Let’s make it happen.

Apply Now
 

If you’re not quite ready to apply and have questions, we’re here to help. Call 315-735-8571 to discuss your rate and term options, or schedule an appointment with one of our friendly and knowledgeable representatives who can walk you through the process.

Make An Appointment

*Benefit varies by enrollment date.

Membership and credit requirements apply. Rates and terms determined by overall credit history and subject to change.