Auto Loans

Whether you choose an automobile, motorcycle, boat, ATV, or jet ski, our dedicated loan staff will work to provide you with competitive rates and manageable payment terms.

Auto & Motorcycle Loans

You need to get to work. You need to visit the grocery store. Wherever you’re going, you need a vehicle. Find a way to anywhere you want to go with new or used auto and motorcycle loans that fit your family’s situation and budget.

Your auto loan has these benefits:

  • Get your vehicle immediately with up to 100% financing
  • Save money with low, fixed rates
  • Have reasonable monthly payments with flexible terms (36-to-96 months)
  • Get a better deal by refinancing your loan from another institution

What else should you know about your auto loan? Find out below:

Get Preapproved
Get preapproved over the phone (716-847-6960, option 3), at the branch, or online before you go shopping. A pre-approval will let you know how much car you can afford and makes negotiating that much easier.
Dealer Purchase Checklist
  • Copy of NYS ID (All Applicants)
  • Proof of Income
    • Most recent paystub
    • Social Security or Retirement: Bank/Benefits Statement if you do not have full direct deposit with credit union
    • Self Employed: Last two (2) tax returns filed
  • Buyers Order (must list all applicants)
  • $20.00 Loan Processing Fee
  • Insurance Binder: Must list Comprehensive & Collision deductibles & Buffalo Metropolitan Federal Credit Union as lienholder
  • Additional Documents Required:
    • New Vehicles: Copy of the window sticker
    • Used Vehicles: A Carfax supplying accident, service, ownership and vehicle use history
Private Dealer/Sale Checklist
  • Bill of Sale: Must include buyers name(s), total amount due, vehicle make, model, trim, mileage and down payment information.
  • Copy of front and back of the title
  • Diagnostic Report: A diagnostic can be done by most dealerships, auto parts stores& repair shops that are able to print the results.
  • Proof of Income
    • Most recent paystub
    • Social Security or Retirement: Bank/Benefits Statement if you do not have full direct deposit with credit union
    • Self Employed: Last two (2) tax returns filed
  • $20.00 Loan Processing Fee
  • Copy of NYS ID (All Applicants)
  • Insurance Binder: Must list Comprehensive & Collision deductibles & Buffalo Metropolitan Federal Credit Union as lienholder
Refinancing Checklist
  • 10 Day Payoff Statement that includes the following: Name of current lienholder, account number, payoff address, payoff amount including per diem amount, vehicle information (year, make, model, VIN)
  • Copy of front and back of the title (and original title upon approval)
  • Copy of NYS ID (All Applicants)
  • Proof of Income
    • Most recent paystub
    • Social Security or Retirement: Bank/Benefits Statement if you do not have full direct deposit with credit union
    • Self Employed: Last two (2) tax returns filed
  • $20.00 Loan Processing Fee
  • Insurance Binder: Must list Comprehensive & Collision deductibles & Buffalo Metropolitan Federal Credit Union as lienholder
  • Diagnostic Report (3+ year-old or over 30,000 mile vehicle): A diagnostic can be done by most dealerships, auto parts stores& repair shops that are able to print the results.
Guaranteed Asset Protection (GAP)

Insurance is helpful, but it may only cover the market value of your vehicle when it’s stolen or damaged beyond repair. This amount may be less than what you owe on your loan. That’s where GAP comes in! GAP pays the difference between your insurance payout and the loan balance.

Learn more here >

Vehicle Service Contract (VSC)

Repairs are expensive and hurt your family’s monthly budget. Lose the stress about potential vehicle damage with a VSC. A VSC covers costly repairs and is a helpful add-on if you have a short-term warranty (or none at all). Drive with confidence knowing your vehicle is protected. It offers peace of mind and reliable coverage for unexpected repairs.

Apply for a Vehicle Service Contract >

Leisure Vehicle Loans

Maybe you’re looking for a new way to have family fun instead? Get a leisure vehicle loan and buy that ATV, RV, boat, jet ski, golf cart or snowmobile calling your name. Important to note: the credit union finances up to 100% on all current year models but used vehicles need a true book value submitted with the application.

What else should you know? Here’s some help:

Checklist
  • Buyers Order (must list all applicants)
  • Proof of Income
    • Most recent paystub
    • Social Security or Retirement: Bank/Benefits Statement if you do not have full direct deposit with credit union
    • Self Employed: Last two (2) tax returns filed
  • Copy of NYS ID (All Applicants)
  • $20.00 Loan Processing Fee (if vehicle is titled)
  • $40.00 U.C.C. Filing Fee (non-titled vehicles ex: jet ski)
  • NADA (when purchasing from a dealer)
  • Copy of front and back of title or registration if purchasing a non-titled vehicle (private sale purchases only)
  • Insurance Binder: Must list Comprehensive & Collision deductibles & Buffalo Metropolitan Federal Credit Union as lienholder

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How Can We Help

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