New & Used Car Loans

Eliminate bumper-to-bumper stress with low auto loan rates, flexible term options, and no-hassle auto financing.
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Crunch the Numbers on Your Payment

In the market for a new or used car? We know finding your next ride can be challenging, but getting the financing you need doesn’t have to be. Use our payment calculator to find the auto loan that fits your budget. Then, apply online to receive a loan decision quickly, often within minutes.

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Current Rates

Valid as of 03/21/2023 3:45 PM EDT 
Term Rates As Low As* Monthly Payment Value (Minimum) Loan Amount (Minimum)
1-36 Months 5.99% $30.43/per $1000.00 $3,000.00 $1,000.00
37-48 Months 6.24% $23.60/per $1000.00 $6,000.00 $1,000.00
49-60 Months 6.24% $19.45/per $1000.00 $8,000.00 $1,000.00
61-72 Months 6.24% $16.69/per $1000.00 $12,000.00 $1,000.00
73-84 Months 6.49% $14.85/per $1000.00 $20,000.00 $1,000.00
85-120 Months 8.49% $12.40/per $1000.00 $40,000.00 $40,000.00

*Rates “as low as” 5.99% APR assumes excellent creditworthiness; your rate may differ from the rate(s) shown here. Rate and loan amount subject to credit approval. Minimum APR is 5.99%. Maximum APR is 14.24%. Rates reflect a .25% Annual Percentage Rate (APR) reduction for Automatic Payment Service. Your rate will increase if you discontinue Automatic Payment Service. PSECU will finance up to 130% of the retail value of the vehicle for excellent creditworthiness. PSECU will finance up to 100% of the retail value of the vehicle for refinance of an existing PSECU vehicle loan. Value of the vehicle to be determined prior to final loan amount. The Manufacturer's Suggested Retail Price determines new vehicle values; Kelley Blue Book® or other authorized guides determine used vehicle values. Minimum value is $3,000. PSECU makes all final decisions regarding vehicle value. Monthly payment example: 36 monthly payments of $30.43 per $1,000 borrowed at the 5.99% APR or 72 monthly payments of $16.69 per $1,000 borrowed at the 6.24% APR. Monthly payment examples are representative of the maximum term for the corresponding rate per $1,000 borrowed. Your payment may be different from the examples shown. Rates, terms, and information are subject to change at any time. Kelley Blue Book® is a registered trademark of the Kelley Blue Book Co., Inc.

Before You Hit the Road...

  1. Apply Online- Gather the info you’ll need for your application - think monthly income statements and current debt payments. The auto loan application process can be as quick as 20 minutes.
  2. Get prequalified- Most qualified applicants get a same-day loan decision, if not within minutes after applying. That speedy preapproval is then valid for 60 days.
  3. Find your ride- Haven’t found your new wheels just yet? For those not working with a dealer or private seller, search the PSECU Member Showroom by CUDL® AutoSMART for current vehicles listed for sale.
  4. Get the funds- An AutoDraft is a blank check for your preapproved amount, valid at any authorized dealership. An AutoCheck, however, is made out to a specific individual seller for the exact amount of purchase. If you haven’t requested either document within 60 days of your loan preapproval, you’ll have to reapply.
  5. Close the deal- Take your AutoDraft or AutoCheck to your local dealership. When you finalize the sale after finding the right car for you, you’ll fill out information on the AutoDraft, including the term of payment. The dealer will take care of the rest.


An AutoDraft is a blank check for your preapproved amount, valid at any authorized dealership. An AutoCheck, however, is made out to a specific individual seller for the exact amount of purchase.
Refinancing your car loan from another lender with PSECU may help you save money by reducing your interest rate, decreasing your monthly payments or both. You can use the loan calculator above to crunch the numbers on your payment.
Your first payment will be due within 30 days from the date of your vehicle purchase. 
Prepare Yourself for the Road Ahead

When you own a car, repairs are inevitable, but budget interruptions don’t have to be. With MPOWER+ Vehicle Protection, offered by SWBC and EFG Companies, you can protect yourself from a wide range of unplanned repairs and expenses. And you can do it all in one place.

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