First Time Auto Buyers

Owning your first car is a great responsibility. You’re ready for it, but your bank account may not be. Riverside FCU offers a First Time Auto Buyer Program with special terms and conditions just for the first time buyer.

This auto loan program is designed for those who are ready to purchase their first vehicle, but may have little to no credit history. This loan comes with low rates, manageable terms and is an excellent way to establish credit.

No negotiation, no hassle. Set rates and terms that fit your lifestyle.


Conditions that Apply:

  • Minimum loan amount $5,000, maximum $25,000.
  • Member must be at least 18 years of age and able to repay loan.
  • Applicant must have to a checking account with the credit union.
  • If no credit score, a co-signer or guarantor may be required.
  • Must reside at current address for a minimum of one year.
  • Proof of auto insurance required.
*0.25% discount off rate if we hold one months payment in your checking or savings account.

Not sure where to start on your car buying journey? Check out great previously owned vehicles from our friends at Enterprise Car Sales HERE.