A low-interest vehicle loan from Best Reward lets you buy your vehicle of choice with a term to suit your budget. Plus, you can refinance your loan from another lender.
Best Reward Federal Credit Union Vehicle Loans
Benefits of a Best Reward Vehicle Loan
Best Reward vehicle loans come with competitive rates, flexible terms, and friendly service.
Low, Fixed APR
Get the rate you deserve with no surprise fees in the price.
Terms range from 24 to 72 months to fit your budget.
Choose from a wide range of inventory, including RVs.
We'll make sure you feel confident about all terms and conditions.
Save Time on Research
Access our Auto Buying Center to find and compare vehicles.
Our secure loan process can be completed on your favorite device.
"Great people! Great rates for car loans!" – Jonathan B., Highland Heights, OH
Quick and Simple Vehicle Loan Application Process
Fill out our online application form with your personal and financial information.
We'll review your details and, if approved, agree to the best loan amount, rate, and term.
With your financing secured, you can focus on finding the right vehicle online or at a dealership.
Our Auto Buying Center Saves You Time and Money
The average person spends four months researching cars before making a purchase and most of that time is spent online, trying to find accurate information. But why waste time searching through a dozen different websites? Our Auto Buying Center can transform your car buying experience and help you find everything you need.
Best Reward FCU's Auto Buying Center can help you:
Find and price local inventory through private sellers and dealerships.
Read reviews and view videos.
Use a multi-vehicle comparison tool.
Compare used car values.
Choose the right car with Right Fit Auto Build.
Save your choices with the “My Cars” save feature.
Get free CARFAX reports when available through a dealership.
Calculate refinancing options for your existing vehicle loan.
Get auto-loan pre-approval.
FAQs About Best Reward Vehicle Loans
What vehicles can I buy with a vehicle loan?
You can use a Best Reward vehicle loan to buy a wide range of new and used vehicles, including cars, RVs, motorcycles, ATVs, boats, and jet skis. Just be sure to choose the right loan type for your vehicle.
All of our loans come with competitive rates and newer vehicles get lower rates.
Should I buy out my car lease?
Buying out your car lease means you'll eventually own your car outright and won't have to make any more monthly payments. You can use our handy comparison chart to decide if buying a car is better than leasing one in your situation.
You may also be wondering if now is the right time to buy out your lease. The answer is likely yes! This is because the residual value locked in your lease agreement may be significantly lower than the current market value of the car, so you can save money.
What is GAP insurance and why do I need it?
Guaranteed Asset Protection (GAP) insurance covers you in the event that your car is wrecked when you still owe money on your vehicle loan – and your car insurance doesn't cover the full amount. GAP insurance will fill the "gap" between your insurance and loan.
Here's an example of how it works:
Let's say you have an accident and you write your car off.
You owe $20,000 on your vehicle loan and your insurance company agrees to pay only $15,000.
Without GAP insurance, you would still owe $5,000.
With GAP insurance, that $5,000 is covered.
Plus, you get $1,000 to go towards your next vehicle loan.
What term should I choose for my vehicle loan?
The term you choose impacts your monthly payment as well as the rate you get, so it's a good idea to think carefully about which term is best for you.
Shorter terms mean you get a lower rate, but your monthly payment is higher.
Longer terms give you a more affordable monthly payment, but you get a higher rate and you'll pay more total interest over the life of the loan.
How do I make payments on my vehicle loan?
Managing your Best Reward vehicle loan is simple! You can use Online or Mobile Banking to make payments and check your balance anytime, anywhere.
Alternatively, you can mail payments or feel free to drop into your local branch for assistance.
Does my credit score impact my loan rate?
Yes – the better your credit, the lower your rates! It's a good idea to find out your credit score before you apply for a vehicle loan. If needed, you can take steps to improve your credit before you take out the loan.
For example, you might consider a personal loan to pay down high-interest credit cards and consolidate any other debts.
Vehicle Buying Resources
Watch our quick, informative videos to get a wealth of tips and tricks on topics like buying a car and checking your credit.
What Is 0% Financing?
A 0% rate may sound like a great deal but it's important to know the facts so you avoid paying more than you bargained for.
Buying vs. Leasing
Buying a car means you'll end up with an asset and no monthly payment. Read our handy chart if you're not sure what to do.
Ready to Apply for a Best Reward Vehicle Loan?