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Auto Loans

The open road beckons in Southwest Oklahoma, and Red River is your source for great rates to get you the set of wheels you want most. Our easy approval process includes pre-approval so you have more negotiating power at the dealership. We also offer GAP coverage to protect your investment.

Summary
  • Low, competitive rates
  • Anyone can apply
  • New and used vehicles
  • Easy application process
  • Pre-approval available
  • GAP coverage available
  • Extended service contract available

Check out our current interest rates.

  • 84 Month Financing available on New Autos & Boat
  • 66 Month Financing available on New/Used Motorcycles
  • (Certain restrictions may apply)
Insurance

Red River makes two valuable insurance products—GAP & Loan Insurance—available with all our auto loans.

GAP

Guaranteed Asset Protection (GAP) protects your investment in addition to your vehicle.

Insurance policies cover the value of your vehicle, which declines rapidly during the first few years of ownership. During this time, the amount you still owe on the vehicle could be higher than the actual value of the vehicle. GAP covers this "gap."

So if your vehicle is stolen or totaled in an accident but the insurance covers less than what you still owe, GAP covers the rest. GAP also covers your insurance deductible up to $1,000. The GAP Advantage from Red River will even provide $1,000 toward the purchase or lease of a replacement vehicle!

What Does GAP Cover?

GAP is a non-insurance product and is made available via a loan/lease deficiency waiver that covers the "gap" between the vehicle's value and the amount you still owe.

GAP was designed for all drivers, whether you finance or lease a new or used vehicle. It can be used to cover automobiles, vans, light trucks, motorcycles, boats, travel trailers, motor homes, golf carts, jet skis, snowmobiles, and almost any other vehicle.

Loan Insurance

Loan protection is a low cost way to protect your investment and your family's future. Loan protection insurance costs pennies per month and gives you peace of mind knowing your loan payment will be paid if you lose your life or become totally disabled due to a covered illness or accident.

For maximum convenience, the low premium is included in your regular payment. There is no need to worry about an additional due date, and no extra checks to write. The cost is minimal and you pay only for the exact amount of protection you need—no more, no less. Loan protection insurance is available on most loans from Red River up to $150,000.

Loan protection is a low cost way to protect your investment and your family's future. Loan protection insurance costs pennies per month and gives you peace of mind knowing your loan payment will be paid if you lose your life or become totally disabled due to a covered illness or accident.

For maximum convenience, the low premium is included in your regular payment. There is no need to worry about an additional due date, and no extra checks to write. The cost is minimal and you pay only for the exact amount of protection you need—no more, no less. Loan protection insurance is available on most loans from Red River up to $150,000.

Credit Life & Disability Insurance

Are you planning for the unexpected?

Credit Life and Disability Insurance

Credit Life and Disability Insurance pays the outstanding balance on your loan up to the maximum program limit, allowing you to preserve your other assets and resources for your family's well-being and long-term needs.

Applying is easy.

  • You complete a short application.
  • No physical exam is required.
  • Simply meet the eligibility requirements.
  • The premium is included in your monthly payment.

It's flexible and affordable.

You pay only for what you need. If the outstanding balance is zero, you pay nothing for that month. When there is an outstanding balance, your Credit Life Insurance premium is calculated based on that amount. As your balance is paid down, the premium diminishes, too.

Protecting your rights.

  • Your credit approval and interest rate are not contingent on enrolling in this optional program.
  • Our program includes a 30-day "free look" period.
  • You may cancel the coverage at any time by making a written request.

Provider: American Modern Life Insurance Company

700 Midland Boulevard, AMELIA, Ohio 45102

Extended Service Contract

Red River members can purchase an extended vehicle service contract through us, creating significant savings over extended warranties available from car dealerships. This advanced protection plan is available for new and pre-owned vehicles*.

As a credit union member, you are eligible for coverage under a special mechanical breakdown protection plan for new and pre-owned vehicles*

We present this added protection through Old Republic, offering three levels of coverage, ranging from basic powertrain coverage to complete coverage of virtually all mechanical and electrical components of your vehicle.

With an Old Republic Extended Protection Plan, you're assured of:

Convenient Nationwide Protection

Have your vehicle repaired at any licensed repair facility throughout the United States and Canada.

Timely Claims Payments

Approved repairs can immediately be paid through the plan's MasterCard® account, eliminating out-of-pocket expenses.

Transferable Coverage

All plans are transferable to a new owner, increasing the resale value of your vehicle.

Wear and Tear Coverage

All plans cover ordinary wear beyond the manufacturer's specifications and tolerances.

One Deductible Per Visit

No matter how many components are affected.

Towing

All three plans pay up to $50 if your vehicle requires towing due to the failure of a covered part.

Rental

Includes a rental reimbursement benefit up to $200 while your vehicle is undergoing covered repairs.

Travel and Lodging

Reimbursement up to $50 per day or a total of $150 for meals and lodging when a covered failure occurs more than 100 miles from home.

*A pre-owned vehicle plan must be purchased at the time the vehicle is purchased.