3 Ways Coastal Can Help You Buy or Refinance a Car This Year

Liza Deckelbaum

Twitter | Email

Published on 05-24-2019

Categories: Member Tips

Ready to trade in your old car for something new? Or, maybe your car payments have been too high and you want to refinance. Coastal understands that car buying and financing can be quite a process, but we’ve got three ways to make it stress-free.

Buy a Car Infographic


You’re finally ready to buy your long-awaited dream car, but you’re dreading the process. Coastal makes it simple with AutoSmart, which gives you the tools to search over 2 million vehicles in one place. It’s the only auto shopping site to offer financing from Coastal, and you can get online pre-approval funding. That means you’ll be that much closer to having the keys to your dream car in your hand – without ever having to meet a car salesman.

And, Coastal’s AutoSmart calculator feature lets you find out what vehicle you can afford by entering a few details ranging from desired monthly payments to auto trade-in value.

Auto Refinance

If you’re happy with your car, but not the monthly payments, refinancing your auto loan might be the way to go. When refinancing an auto loan with Coastal, we put you in the driver’s seat. Coastal can offer you competitive auto loan rates that fit your budget and may even qualify you for a Loyalty Bonus payout. The experts at Coastal aim to create a hassle-free process. Here’s how.

  • With Coastal’s auto loan refinancing, you could get flexible payment terms for up to 84 months with no pre-payment penalties. Based on the model year, you may qualify for rates as low as 3.64% APR1.
  • Coastal can either lower your monthly payments by $100 or you will receive a limited-time offer of 1% cash back on the amount you borrowed through Coastal.2

With Coastal’s free calculator tool, you can calculate a vehicle payment online so that you know exactly what to expect. And, with Coastal’s straight-forward application and quick approval process, you can count on saving more and banking better.

Buy Directly from the Seller

Let’s face it. Buying a car at a dealership can be time consuming and simply overwhelming. Whereas, buying a car directly from the seller through a private auto sale can be a much easier process – without the cheesy sales pitch.

Coastal offers a vehicle payment calculator that will help you easily calculate the cost of what kind of vehicle you can afford first, before you start searching. If you want to avoid possible dealership fees and stay in control of who your lender is, then buying directly from the seller could be the best option.

With Coastal by your side, you can get quick pre-approval and be ready to purchase the car you want when you find it. Whether it’s over the phone or at your local branch, Coastal’s responsive member service team is here to help the process go smoothly from start to finish. Plus, you won’t have to deal with the pressure of a typical car dealership.

Can’t decide which strategy is best for you? Coastal’s team of experts are available and ready to answer your questions. Connect with an expert today by visiting www.coastal24.com/Access/Finding-Us/Contact-Us. Regardless of which option you choose, you can count on Coastal to help you save money this year.

All loans are subject to approval.

  1. APR- Annual Percentage Rate. Based on a $25,000 loan amount, 48 monthly payments of $560.46.
  2. 2. Maximum cash back cannot exceed 1.0% of the balance refinanced or $500, whichever is less.

Tell us what you think!