First-Time Auto Buyer Program
Your First Car Starts HereIt’s your Advantage
Helping our Young Members Get Behind the Wheel—Confidently and Responsibly.
Buying your first car is a huge milestone—and we’re here to celebrate it with you. Whether you’re just starting to build credit or haven’t started at all, our First-Time Auto Buyer Program gives you the support you need to drive forward with confidence.
Limited-Time Special Offer
New or used auto loans receive free GAP Insurance**
GAP insurance helps cover the “gap” between what you owe on your auto loan and your vehicle’s actual cash value if it’s ever totaled or stolen. It protects you from having to pay the difference out of pocket when your regular insurance payout doesn’t fully cover your remaining loan balance.
A Smarter Way to Start Your Journey
Your first auto loan shouldn’t feel intimidating. That’s why we designed this program with young members in mind. You’ll enjoy:
An easy application process
Manageable, transparent terms
Competitive rates
A simple path to building credit
You don’t need a long credit history to begin—just your goals, your ambition, and a desire to learn what responsible car ownership looks like.
Built for Your Financial Growth
This program is more than a loan—it’s a learning experience.
We provide resources and guidance that help you understand:
Budgeting for your car
How monthly payments work
What credit is and how to build it responsibly
Best practices for ownership after you drive off the lot
We want your first loan to be a positive step toward independence, not a hurdle that sets you back.
Use promo code FIRSTTIMEAUTO
Eligibility
- Ages 18+
- Must have had a 1st Advantage account for at least 6 months
- First-time auto buyer (no prior auto loans)
- Must be employed for at least 12 months
- No derogatory credit history
- Must provide proof of active auto insurance
Loan Features
- Loan Amount: Up to $25,000
- Term: Up to 75 months
- APR: Competitive rate with 0.25% rate discount for automatic payments
- One-time rate reduction allowed once within 12 months
- Down Payment: As low as 5% or $500
- Receive free GAP Insurance** (limited-time offer)
Exclusive Program Benefits
- Free Auto Buying Service with TrueCar
- Auto protection programs options available
- Pre-Approved for a 1st Advantage Credit Card with a minimum credit limit of $500
Ready to Hit the Road?
Let’s make your first car-buying experience exciting, empowering, and stress-free. Start your application today and take your first step toward the driver’s seat. Use promo code FIRSTTIMEAUTO
Disclosures
**Free Gap insurance available for all new and used vehicle purchases only. No cash value. Auto offers cannot be combined. 1st Advantage reserves the right to cancel this promotion at any time. Contact 1st Advantage for details.