Everyone remembers buying their first car. We want yours to be a good memory.
Our First-Time Car Buyer Loan offers affordable fixed-rate financing with fewer roadblocks and built-in, expert guidance through our Auto Buying Concierge service. It’s designed to open the door to car ownership, even if you don’t have much credit history or you’ve never had a loan.
With a quick, easy application and no surprises, we take the stress out of getting your first car loan. So, if you're commuting to your first job or upgrading from a family hand-me-down, our First-Time Car Buyer Loan is here to help you get on the road with confidence.
Why this loan is perfect for first-time buyers:
- No co-borrower or previous credit history required
- Finance up to 100% of the vehicle’s value, plus tax, tags, warranty and GAP
- Free access to our Auto Buying Concierge service
Other Key Features:
- Fixed-rate as low as 5.99%% APR1
- Loan terms up to 75 months2
- Borrow up to $30,000
Loan Program Requirements:
- Must be at least 18 years old
- No prior auto or mortgage loan history
- Buying a 2015 or newer vehicle with under 100,000 miles
- $1,000 minimum down payment
RATES AS LOW AS
5.99%
ANNUAL PERCENTAGE RATE1
STEPHANE'S STORY
Hear how Villanova football player Stephane tackled his first car purchase with Steve, our Auto Buying Concierge, by his side. From cutting through sales tactics to avoiding hidden fees, Steve was just a call away with expert advice. It’s a real look at how the right support can turn a stressful experience into a confident decision.
Not sure where to begin with car buying? Fill out this form and our Concierge team will reach out.
FAQs
- have at least 6 months of consecutive employment
- or are a recent college grad with a job.
- Payment history – whether you’ve paid on time or have missed payments. Collections, liens and bankruptcies will also be considered
- Credit mix – What types of credit you currently have access to, such as credit cards and personal loans
- Existing debt – How much debt you currently carry and how much you’re using credit that’s available to you
- Number of accounts – How many credit lines you have open vs. closed and how long they’ve been open
- Inquiries – How often you’ve applied for new credit
Tools & Resources
1Rates are effective as of October 15, 2025. Rates and terms are subject to change based on market conditions and borrower’s eligibility. Ardent Credit Union has a tiered rate policy, which applies different interest rates to borrowers, based upon the borrower’s credit worthiness. Not everyone will qualify for the best rate. Interest rate based on borrower's credit score at the time of application. Borrower must meet credit union lending guidelines. Click here for membership eligibility requirements, which apply. Auto Loans are not available in Puerto Rico.
2Monthly payment example of $16.02 per $1,000 borrowed based on 75-month loan at 5.99% APR.
