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1st Time Auto Buyer Loans from Coast Line Credit Union

Are you ready to buy your first car? It can be pretty overwhelming, but our 1st Time Auto Loan Program is designed for those who have limited or no credit history. This auto loan comes with a competitive rate, easy to manage terms, and is an excellent opportunity to establish a positive credit history. We'll help you every step of the way and get you on the road in no time! Here's what you need to know...


  • No co-signer required
  • No credit history required (no negative credit)
  • Great fixed rates
  • Terms up to 84 months


  • Must be at least 18 years old
  • No previous auto loans
  • Employed for a minimum of 1 year at same employer
  • Employment and income verification required
  • 5% cash down payment or trade-in equity required (excluding tax, title, license, etc.)
  • Debt-to-income ratio not to exceed 40%
  • Proof of full coverage auto insurance required
  • Membership & eligibility
  • Other underwriting criteria may apply

Apply for a Coast Line Credit Union Loan

To get pre-approved, apply online, over the phone at (207) 799-7245, or in our branch.

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