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What are today’s auto loan rates?

Today’s auto loan rates:

Auto Loan Rates as low as 4.74%¹ APR* for up to 72 months.

Auto Loan Rates (for new vehicles)

Auto loan rates for cars, trucks, SUVs, & vans five years old or newer:

Term

(Months)

≤36

37-48

49-60

61-72

73-84

96

APR*

as low as¹

4.74% 4.74% 4.74% 4.74% 5.24% 5.74%

Rates Effective as of:

Auto Loan Rates (for used vehicles)

Auto loan rates for used cars, trucks, SUVs, & vans older than five years. Add 3.00% to the applicable rate on loans with collateral that is 10 years old or older.

Term

(Months)

≤36

37-48

49-60

61-72

73-84

96

APR*

as low as¹

4.74% 4.74% 4.74% 4.74% 5.24% 5.74%

Rates Effective as of:

4.74%

Disclosures

4.74%

*APR = Annual Percentage Rate: The actual APR and loan term is subject to approval and may be determined upon the borrower’s creditworthiness, the amount borrowed, and the type, value, age, and condition of the collateral offered to secure the loan (when applicable). Rates are effective as of today and are subject to change.

¹Special Loan Rate Discount: Benefit from a .25% reduction when enrolling in our autopay service, which is included in the “as low as” rate advertised. The discount is available to those who setup autopay of their monthly loan payment from a People Driven Credit Union checking or savings account.

Membership Requirement

All accounts and loans require membership at People Driven Credit Union. Membership is available to individuals who live, work, worship, or attend school in the State of Michigan, as well as relatives of current members. To complete an application for any account or loan, you will need the following information:
  • A valid Driver's License, State ID, or Passport with your current address
  • Your Social Security Number
A Membership Share Savings Account is required to establish membership at People Driven Credit Union. A $5 deposit secures your ownership share in the credit union and unlocks access to our full suite of products and services. This account earns 0.01% APY with a $5 minimum deposit.

People Driven Credit Union is an Equal Housing Opportunity Lender NMLS #776727
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