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Buy or Refinance a Vehicle

Automobile/Truck Loans

We specialize in providing low-cost car and truck loans for our members. Shopping for your new vehicle couldn't be easier once you've been pre-approved at ECSFCU. Get pre-approved by filling out an application online or meeting with a loan officer in branch.

NEW or USED Automobile or Truck Purchase

100% financing, not to exceed manufacturer's suggested retail price on new vehicles

120% of wholesale value (including options) on used vehicles.

Our financing also includes sales tax, license, Credit Life and/or Disability, and low cost, high value MBP (Mechanical Breakdown Protection) and GAP (Guaranteed Asset Protection) policies. Our vehicle loans have great rates and low monthly payments.

  • Same Great Rates for New or Used Vehicles - See our “Current Rates
  • Terms up to 84 months ($30,000 or greater)
  • Convenient, automatic payments from checking or by payroll deduction
  • Credit life and/or disability insurance at lower rates
  • Convenient 10 or 11 monthly payments per year if you need it

Refinance Your Vehicle

Is your car loan with another lender? Lower your monthly payment or improve the terms of your loan by refinancing with East County Schools FCU **

100 dollar vehicle refinance ADA compliant

We have a convenient and hassle free way to find your next vehicle

We partner with New Cars Inc. to help you locate and purchase your next new or used car, truck, SUV or van. A representative is in our El Cajon branch to help you; they take the price haggling out of the purchasing, and will even deliver the car to you!

Rates as low as 1.24%APR (0.50% off) if you finance your loan though ECSFCU and buy your new or used car through New Cars Inc.! APR = Annual Percentage Rate

Find the current value of your vehicle

It’s easy! Whether you are looking to find the value of a vehicle you are considering to purchase, or need to find out how much you should get with a trade in, just sign on to Kelley Blue Book.

** Refinancing not available on existing ECSFCU auto loans.

Guaranteed Asset Protection (GAP) Advantage with PowerBuyTM

GAP is an optional insurance policy, available for new and used vehicles, that pays the difference between how much is owed and what your insurance company pays if the car is declared a total loss or stolen. Unless you’re covered by GAP insurance, this financial shortfall, or GAP, could leave you owing thousands of dollars.

Your car’s actual value is the cost of the car when it was new minus depreciation, age, mileage, condition, etc. Since cars depreciate quickly, the amount you receive from the insurance company may be significantly less than what you owe.

Who Should Buy GAP?

GAP is primarily for those who have a 60-month (or longer) term loan, have less than 20% down, or purchased a car that has a high rate of depreciation.

Read more about GAP Insurance

GAP insurance hypothetical example:

Description Dollar Amount
Purchase Price $25,000
Loan Balance at time of loss: $20,000
Value of Vehicle at time of loss: $17,000
Amount Insurance Company Pays: $17,000
Remaining Loan Balance: $3,000
ECSFCU GAP Protection Pays: $3,000

Signing up for GAP is easy:

  • Sign up for GAP when you apply for your vehicle loan
  • GAP amount can be rolled into your monthly loan payment
  • GAP is fully refundable if you cancel coverage within the first 60 days
  • Guaranteed Asset Protection coverage is only $400

What is PowerBuy?

PowerBuy provides you with additional funds to finance your next vehicle with East County Schools, in addition to paying off your loan balance.

Did you Know?*

  • A vehicle loses 11% of its value the second you drive it off the lot
  • 15-20% is the average value a new car loses annually

*Information from Edmunds.com

Your purchase of GAP Advantage with PowerBuy is optional. Whether or not you purchase GAP Advantage with PowerBuy will not affect your application for credit or the terms of any existing credit agreement you have with the credit union. There are eligibility requirements, conditions, and exclusions that could prevent you from receiving benefits under GAP Advantage with PowerBuy. You should carefully read the contract for a full explanation of the terms.

Mechanical Breakdown Protection

How many times have you heard stories about vehicles breaking down right after the warranty expires? Mechanical Breakdown Protection (MBP) shields you from the high costs of mechanical or electrical repairs on your vehicle once your basic manufacturer’s warranty has expired. In addition, MBP also provides comprehensive roadside assistance, nationwide coverage, and the flexibility to choose a repair facility of your choice. Before you commit to any other program, compare it to our Mechanical Breakdown Protection plans.

Read more about Mechanical Breakdown Protection

Benefits of MBP

  • Available on both new and used vehicles
  • No deductible on covered parts or labor
  • Nationwide protection
  • Direct payment to repair facility
  • 24-Hour Roadside Assistance
  • Transferable coverage if you sell your vehicle before your agreement expires
  • Rental Vehicle Assistance
  • Increased resale value

To learn more about Mechanical Breakdown Protection contact one of East County Schools’ lending professionals at (619) 588-1515

Credit Life, Disability, and Unemployment Insurance

Protects you and your family from unforeseen circumstances, including loss of a life, an unexpected disability, loss of employment, or an unpaid family leave. All of these “protected events” are difficult to predict.

How Does it Work?

This voluntary insurance premium is included in your monthly payment; you won't receive extra bills or statements. If you have a balance on your loan and are totally disabled due to injury, illness, or in the event of an unexpected death, Credit Life and Credit Disability Insurance can help.

Why is it Valuable?

Credit Life and Credit Disability Insurance works in two different ways. You and your family won't have to make loan payments if you're totally disabled due to an injury or illness. It will help pay your loan until you're fully recovered, or in the event of an unexpected death, it will pay off the loan. Savings, salary or payoffs from other life insurance may be spared, giving your family financial freedom when they need it most.

Read more about Loan Protection

Instant Loan Decision 24/7

Apply for a loan on YOUR schedule. East County Schools FCU offers several convenient and secure ways for you to submit your loan request. Simply click on one of the links below to get started.

Approved loan decisions come back immediately*. Non-automatically approved loans are reviewed generally within a business day and one of our loan officers will contact you.

If you're looking for a Vehicle Loan, Signature Loan, VISA Credit Card** or Home Equity Loan**, make it easy on yourself with our online loan application!

* Pending verification of income and credit
** VISA Credit Card and Home Equity Loans do not have Instant Loan Decisions

Non Credit Union Members may also apply for a loan online

You can still apply for a loan before you become an ECSFCU member. All non-members must meet membership requirements before any loan can be funded. See if you are eligible for ECSFCU membership.

Apply for a Loan Online Loan Application

Loan Rates

Financial Education

Intro to Finance

Are you stressed about money? Don't worry - you're not alone and help is available! This program will help you understand key financial concepts and make better decisions related to managing your money.

Intro to Finance Articles

Major Life Transactions

Life is full of big decisions, and it can feel overwhelming at times! This program will equip you to better manage some major financial decisions that may come your way.

Major Life Transactions Articles

Paying for College

Paying for education can seem expensive and overwhelming. But don't worry - you're not in it alone! This program will help you understand the costs associated with financing an education and navigate the application and repayment process.

Paying for College Articles

Retirement Planning

Are you prepared for retirement? This program will help you plan today for the life you want in retirement. Explore important financial planning topics like investment strategies, estate planning, and social security so you can have a comfortable retirement.

Retirement Planning Articles

Members LoveECSFCU!

  • ECSFCU is big enough to approve loans with great rates and small enough to provide personal service and products that are important to the educational community.
    Randy Montesanto Grossmont Union High School District
  • We bank with East County Schools Federal Credit Union and learned they also have a great car buying service! We decided to look into it and ended up with the best customer service, an amazing price, no hassle of going to the dealership, and a brand new 2017 Honda Accord Sport! A year later, we were in need of another car for our growing family. It was an easy decision to go with the credit union and New Cars Inc again. The process and customer service didn’t disappoint once again, and we love our new 2018 Honda CRV! A big thank you to New Cars Inc and ECSFCU!
    Carly and Luke Esquerra