buy a used car
What Can We Help You With?
Easy Loan Application Process
Skip lengthy dealership paperwork and shift your gears into savings by using our online loan applications. Getting used 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.
Used 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|
|Used Auto 2
2021-2022 with over 5,000 miles
|Up to 36 months||3.99%|
|Late Model Used Auto
2015 and older
|Up to 60 months||7.24%|
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?
Used Car Loan Resources
Car Buying Mistakes
Protect yourself from expensive errors by researching your next new vehicle purchase ahead of time.
Vehicle & Loan Protection
Find peace of mind and be ready for the unexpected with our Auto Loan protection products.
Used Car Loan Frequently Asked Questions
All members can enjoy our auto buying service portal. Search, compare and buy with confidence using ALEC’s transparent pricing guides.
There is much more to the loan application process than credit scores. If you are concerned that your score is too low to make the cut, it will be important to start implementing strategies now to boost your score in the future.
Please contact the member help center at 800.762.9988 for information regarding used auto loan refinancing.