YOLO Loans

This is your opportunity to purchase your dream car at a more favorable monthly payment for you.

How would you like a low payment vehicle loan program that combines the best features of conventional financing along with the benefits of leasing? Our answer is YOLO, which means You Only Live Once.

Here’s how to know if the YOLO Auto Loan is the right option for you:

You like getting a brand-new or newer vehicle every couple of years.
You want to upgrade to next model but aren’t sure it’s affordable.
You need a lower payment to fit in your budget.

All new and up to five-year-old vehicles qualify for our YOLO Auto financing program which includes the following benefits and features:

Explore YOLO Loan Benefits

Monthly payments up to 40% lower than conventional financing
Rates as low as 3.74% APR^*
Flexibility at your fingertips
- 24–60-month terms
- 12,000, 15,000 and 18,000 per year mileage options
Up to 100% financing with no money down
NO capitalization fees
NO application fees
NO security deposits
NO upfront first or last payment

Yolo Calculator

If you cannot access the YOLO Calculator on your browser, please contact loans@ucu.org for assistance.

Conventional Loan

Loan Amount: $30,000

Loan Term: 36 months

Guaranteed Future Value: n/a

Monthly Payments: $879.08¹

YOLO Auto Loan

Loan Amount: $30,000

Loan Term: 36 months

Guaranteed Future Value: $16,500

Monthly Payments: $473.33²

Eligible Vehicles

New and used vehicles (up to five model years old). All vehicles excluding motorcycles, commercial vehicles and RVs.

Residual Value

Established based on the term of the loan using industry approved guidelines similar to leasing.

Payments

The difference between the residual value and what you pay for the vehicle is used to determine the principal portion of your payment, which results in a lower monthly payment than conventional financing.

End of Term Options

Sell the vehicle, pay the residual value and keep any difference.
Use the vehicle as a trade-in, and the residual value is paid as part of the transaction.
Keep the vehicle and refinance the residual value as a used vehicle loan.
Return the vehicle at loan end and walk away.