New & Used Car Loans
HOW OUR MEMBERS ACHIEVE MORE
CRUNCH THE NUMBERS ON YOUR PAYMENT

Current Rates
TERM | APR* | Monthly Payment | Value (Minimum) | Loan Amount (Minimum) |
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1-36 Months | 2.49% | $28.86/per $1000.00 | $3,000.00 | $1,000.00 |
37-48 Months | 3.24% | $22.24/per $1000.00 | $6,000.00 | $1,000.00 |
49-60 Months | 3.24% | $18.08/per $1000.00 | $8,000.00 | $1,000.00 |
61-72 Months | 3.24% | $15.31/per $1000.00 | $12,000.00 | $1,000.00 |
73-84 Months | 3.24% | $13.33/per $1000.00 | $20,000.00 | $1,000.00 |
85-120 Months | 7.74% | $12.01/per $1000.00 | $40,000.00 | $40,000.00 |
*APR denotes Annual Percentage Rate
Rates reflect a .25% APR reduction for Automatic Payment Service and loan amounts up to 100% of the retail value of the vehicle. Your rate will increase if you discontinue Automatic Payment Service. PSECU will charge an additional 2% to the current interest rate when financing a vehicle for more than 100% and up to 120% of the retail value, and an additional 3% to the current interest rate when financing a vehicle for more than 120% and up to 130% of the retail value. PSECU will only finance up to 100% of the retail value of the vehicle for refinance of an existing PSECU vehicle loan. Monthly payment example: 36 monthly payments of $28.86 per $1,000 borrowed at the 2.49% APR or 60 monthly payments of $18.08 per $1,000 borrowed at the 3.24% APR. 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. 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. PSECU makes all final decisions regarding vehicle value and proper rate. Loan 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...
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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.
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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.
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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. You can also browse our repossessed inventory and bid on your next vehicle.
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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.
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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.
FAQS
The interest rate you pay is based on the total amount of your loan as a percentage of the total amount of your vehicle’s value. This is your loan-to-value ratio (LTV). The total amount of your loan will include taxes, tags, and any additional add-ons, if financed. PSECU will charge a higher rate of interest if you finance a vehicle for more than 100% of the vehicle value (an LTV greater than 100%).
For example: If you finance a vehicle for more than 100% and up to 120% of the retail value, PSECU will charge an additional 2% to the current interest rate. If you are financing a vehicle for more than 120% and up to 130% of the retail value, PSECU will charge an additional 3% to the current interest rate. The Manufacturer’s Suggested Retail Price determines new vehicle values; Kelley Blue Book® or other authorized guides determine used vehicle values. PSECU makes all final decisions regarding vehicle value and proper rate.