Effective 4/01/08: Auto rates are now as low as 5.25% APR, or 5.00% APR* if you have an Option PLUS Checking Account.
Check our rates page for details and call an Option 1 loan specialist today for quick loan preapproval.

616-243-0125
517-319-1300
800-323-2129
You can also apply online.

*APR=Annual Percentage Rate. Rates as low as 5.25% on 2007 & newer vehicles with finance terms up to 72 months. Members with Option PLUS Checking receive a .25% rate discount, for rates as low as 5.00% APR. Option 1 loan rates are based on vehicle model year and credit history and may vary.

Itching to jump into some new wheels?
Option 1 can help with incredibly low loan rates for new & pre-owned vehicles. Don’t wait any longer — purchase that vehicle and get a fantastic deal on the financing. In addition, you’ll enjoy extended terms, convenient payment options and a unique pre-approval system that gets the loan process moving quickly.

Where do you go from here?

Take a test drive! If you haven’t narrowed your car shopping down to one particular model, we encourage you to research vehicles using our on-line pricing and information guide, Web CarBook. You can use Web CarBook to build side-by-side comparisons of vehicles you’re considering. For example, compare a GMC Envoy to a Ford Explorer for price and option availability.

Online Loan Application

Loan Calculator
Tool for calculating loan payments

Members Auto & Homeowners Insurance
Get a free online quote for auto insurance

The Power of Option 1 Pre-Approval

Applying for a vehicle loan should not be a stressful experience. That’s why Option 1 has a quick and painless pre-approval process. We can give you monthly payment figures to fit your budget and we’ll send you off with pre-arranged financing, giving you negotiating and purchasing power when visiting the dealers.

Another way to apply: Direct Dealer Financing

If you’d rather head to the dealership before arranging your financing, take advantage of Option 1’s direct dealer financing program. All of the dealers listed below participate in the program and can assist you in arranging your credit union vehicle loan. Simply tell them that you’re an Option 1 member and they can handle your credit union financing right on the spot.

Visit these participating dealers: