Let the car dealers know you’re a buyer who’s done your homework by getting preapproved for an auto loan. With a preapproval, you won’t have to rely on dealer auto loan financing. This could give you greater negotiating power–which can make the car-buying process way less stressful.
There's power in preapproval.
Car Loan Application
Why get an auto loan preapproval?
To Set a Budget
Getting preapproved lets you know how much you can borrow, your interest rate, and your monthly car payment amount.
Shop for your new car without second-guessing whether you'll be approved for an auto loan or not.
Because your auto financing is preapproved, you can spend less time at the dealership and more time taking your new car for a spin.
A preapproval lets the dealership know you're a serious buyer. Having your auto financing in place can give you an advantage when negotiating the price of a car.
Use your car loan preapproval to deflect add-ons and extended warranty offers that you don't want.
With a preapproval in hand, you can go to almost any dealer. This means that you can negotiate more effectively since you can take your business elsewhere if your needs aren't being met.
Get an Auto Loan
Auto financing for every vehicle.
New vehicles & motorcycles financed up to 100% of Manufacturer’s Suggested Retail Price.
Used vehicles financed up to retail determined by NADA’s guide. Financing terms up to 84 months.
⭐ ⭐ ⭐ ⭐ ⭐
"I’ve been a member with BayPort for 6 years now. They are the best bank I have ever banked with."
– Danielle D.
Apply for a Car Loan
Get preapproved today.
Hit the open road faster with the auto financing you need by applying online for a BayPort Credit Union auto loan. It only takes a few minutes!