Auto Loans & Financing
The knowledgeable financing experts at Core Bank make it fast and easy to get pre-approved for an auto loan. We have a variety of auto financing and refinancing options with some of the best loan rates available in Omaha.
Helping You Find the Right Car Loan
Core Bank offers the best auto loan terms because we care about our customers. With the help of our auto financing experts, the path to vehicle ownership has never been easier. We have a variety of lending options available to you so you can find the best fit.
Types of Car Loans at Core Bank
Core Bank offers several vehicle financing and refinancing options, so you get the car loan that work best for you. We help you get back to concentrating on finding your perfect vehicle, whether that’s a new or used car, truck, boat, RV, or motorcycle.
Dealer Purchases
Before shopping around for vehicles at the dealership, we recommend getting pre-approved for a dealer loan. That way, you know exactly how much your monthly payments will be and what you can afford while negotiating for the best price.
Lease Buyouts
When you’re ready to own your vehicle, our auto loan options give you the financing assistance and freedom to break free of lease-related restrictions like customization or mileage, so you can drive how you like.
Private Party Loans
To simplify the car buying process when purchasing from a private seller, you’ll want to understand your auto loan details for a smooth exchange. We handle the necessary paperwork, including title transfers, lien filings, and a thorough inspection of the vehicle’s title, history, and condition.
Auto Refinancing
Our low-interest auto loan rates make it easier for you to save on your monthly car payments, free up extra cash each month for other financial priorities, consolidate debt, and even modify the length of your loan term.
How to Finance a Car or Refinance Your Vehicle
Core Bank provides auto financing and refinancing options to borrowers with all types of credit. To apply for an auto loan with Core Bank, simply visit your local branch or go online to fill out our free application. This pre-approval process takes only a few minutes. We’ll ask you for:
- Estimate on how much you want to borrow
- Income history
- Personal information (contact details, address, date of birth, and social security number)
Then, our trusted auto lenders will see which financing you qualify for. Take the first step towards achieving your vehicle ownership goals today!
Auto Loan FAQs
What is a car loan and how does it work?
Auto loans provide consumers with a lump sum to be applied toward a vehicle purchase. The borrowed funds are paid back to the lender on a monthly basis after this point. Like all personal loans, the total amount you can borrow depends on your credit score.
Can I use auto loans for vehicle repairs?
Core Bank’s auto loans can be used to finance a vehicle repairs so long as it’s not the vehicle you’re using as collateral on the auto loan.
How do I know if I'm eligible for an auto loan?
In the United States, an individual must be at least 18 years of age, a licensed driver, and a legal US resident to apply for an auto loan. Auto insurance and proof of income are also required.
Is there a penalty for paying off an auto loan early?
No, there is no penalty for paying off your auto loan with Core Bank early.
Should I refinance my car?
Deciding whether or not to refinance your car is an important financial decision that depends on several factors. It’s a good idea to refinance your car if:
- Current interest rates are lower than on your existing car loan
- You want to pay off your car loan faster
- Your car has gained signification value since you took out your original car loan and you want to tap into that equity
- Your credit score has improved since you received your existing car loan
- You do not plan to sell or trade your owned vehicle in the near future
- Your monthly savings outweigh the potential application and loan origination fees, prepayment penalties, and long-term interest rates
Contact Your Local Auto Lenders
Latest From the Blog
Core Bank Kansas City Office Moving into New Location!
We are excited for the relocation of the Overland Park Banking Center on December 10, 2024. This move allows us to continue growing with the community and meeting clients’ financial needs.
Core Code Ambassador Spotlight: Jamie Huss
Core Bank employees can be nominated by their peers as a Core Code Ambassador recognized with a Core Code Award when they demonstrate our Recipe for Awesome while making a positive impact on the Core Bank culture. Jamie Huss, Controller in Finance, was recognized as our newest Core Code Ambassador!
Find a Core Bank Near You
Core Bank proudly offers personal and business banking solutions made for you. With banking centers in Omaha, Overland Park, and Mesa, we’re here to help you borrow and save confidently. Discover your nearest Core Bank today!