buy a new car
Easy Loan Application Process
Skip lengthy dealership paperwork and shift your gears into savings by using our online loan applications. Getting new car loan pre-approval with ALEC is as easy as 1-2-3:
Get the loan process started by submitting an online application.
Complete Your Loan Documents
Once you have your purchase agreement, we will help you finalize your loan documents.
Get a Loan Check
You are all set to make your purchase.
New Car Loan Rates
ALEC is proud to provide outstanding rates and term lengths to all members of our banking family.
|Type||Loan Terms||APR* as low as 1|
|New Auto Loans 2,3
2022-2023 less than 5,000 miles
|Up to 36 months|
Auto Loan Calculator
*All examples are hypothetical and are for illustrative purposes. Information and interactive calculators are made available to you as self-help tools for your independent use and are not intended to provide investment advice. We cannot and do not guarantee their applicability or accuracy with regard to your individual circumstances.
Want to know just how much you can save when you finance your auto loan with ALEC?
New Car Loan Frequently Asked Questions
Members of ALEC enjoy 115% financing, zero prepayment penalties, no payments for 90 days, and a 0.50% APR discount off current rates when applicants meet qualified conditions.
Contact the member service team at 800.762.9988 to discuss your refinancing options, or schedule an appointment online with us now.
ALEC members have access to our premier auto buying service. This helpful portal eliminates hidden fees, unnecessary stressors, and the extra legwork often required when purchasing a new car.