Vehicle Loan Rates

Current as of September 1st, 2020

New Vehicle Loans (Current year or newer and 5,000 miles or less)

0 - 54 Months

APR
3.49% - 10.24%
Estimated Payment Example
$400.81 a month for 54 months, $20,000 loan at 3.49%

55 - 66 Months

APR
3.99% - 10.74%
Estimated Payment Example
$338.05 a month for 66 months, $20,000 loan at 3.99%

67 - 78 months

APR
4.49% - 11.24%
Estimated Payment Example
$296.18 a month for 78 months, $20,000 loan at 4.49%

Used Vehicle Loans (Previous model year or older and over 5,000 miles)

0 - 54 Months

APR
3.99% - 10.74%
Estimated Payment Example
$405.29 a month for 54 months, $20,000 loan at 3.99%

55 - 66 Months

APR
4.49% - 11.24%
Estimated Payment Example
$342.61 a month for 66 months, $20,000 loan at 4.49%

67 - 78 months

APR
4.99% - 11.74%
Estimated Payment Example
$300.84 a month for 78 months, $20,000 loan at 4.99%

First Time Buyer Program

0 - 54 Months

APR
6.74% - 7.24%
Estimated Payment Example
$430.52 a month for 54 months, $20,000 at 6.74%

55 - 66 Months

APR
7.24% - 7.74%
Estimated Payment Example
$368.37 a month for 66 months, $20,000 at 7.24%

67 - 78 months

APR
7.74% - 8.24%
Estimated Payment Example
$327.22 a month for 78 months, $20,000 at 7.74%

Recreational Vehicle Loans (Motorhomes, Boats, Travel Trailers, Etc)

0 - 180 Months

APR
5.99% - 10.99%
Estimated Payment Example
$511.24 a month based on 84 months, $35,000 loan at 5.99%

Motorcycle Loans

0 - 54 Months

APR
3.49% - 7.24%
Estimated Payment Example
$400.81 a month based on 54 months, $20,000 loan at 3.49%

55 - 78 Months

APR
4.49% - 8.74%
Estimated Payment Example
$296.18 a month based on 78 months, $20,000 loan at 4.49%

Vehicle Discounts

Vehicle Loan Rate Discounts

Deduction

0.25% for Active Duty Military and Veterans
0.25% for Automatic Payment
0.25% for Debt Protection

First Time Buyer Program
Rate is eligible for discounts. Rate applied to “0” scores and thin files. Thin file defined as either less than 24 months and 4 active trades on bureau, OR less than 12 months of previous auto loan history. Co-Signers do not impact the structure or the rate. Score determined by Experian FICO AUTO V8 score.

Vehicle Loans – Policies, Terms & Conditions

  • Max vehicle age = 5 years; Max vehicle mileage = 60,000
  • Max motorcycle age = 7 years; Max motorcycle mileage = 50,000
  • Refer to “First Time Buyer Program” for “0” FICO scores
  • Floor rate of 2.74% to include all possible discounts for autos
  • Floor rate of 2.74% to include all possible discounts for motorcycles
  • Floor rate of 5.24% to include all possible discounts for recreational vehicles
  • Credit Tier determined by best FICO AUTO V8 Score between borrower and co-borrower.
  • Co-Signers have no impact on rate tier.
  • Minimum loan amount for autos $10,000 for 66 mos. $20,000 for 67-78 mos.
  • All credit approvals subject to verification of income, employee and social security verification performed by ACU.
  • All used vehicles are subject to a review of an Experian “AutoCheck” report prior to funding.
  • Auto/motorcycle insurance: comprehensive and collision deductibles not to exceed $500
  • ACU does NOT finance Straw Deals, Branded/Salvaged Titles, Lemon Law or Gray Market vehicles.
  • All exceptions analyzed on a case by case scenario
  • SKIP-A-PAY – “Skip” your loan payment twice per year. Skip requests are subject to approval and interest will continue to accrue.
  • NO PAYMENTS FOR 90 DAYS – Applies to new loans, or loans transferred from another financial institution. Interest will begin to accrue from the date of disbursement. Offer applies to Tiers 1-3 only and subject to final underwriting. Unless otherwise stated, the first payment must be within 45 days