Save with Great Auto Rates

Show your budget some love with our low-rate auto loans. Plus get a $200 cash bonus.**
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Get a $200 cash bonus** when you establish a Qualifying Direct Auto Loan and satisfy the promotion requirements. For complete rules and details, see below.

Crunch the Numbers on Your Payment

Finding a new ride can be challenging, but getting the financing you need doesn’t have to be. Once you’ve found the auto loan payment that fits your budget and apply online, you’ll receive a loan decision quickly, if not within minutes.

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In order to take advantage of PSECU's products and services, you must be a member of PSECU. Pennsylvania Recreation and Park Society (PRPS) members are eligible for PSECU membership. You have the option to join PRPS at the Friend level. PSECU will cover the $20 dues. To continue your relationship with PSECU, you do not need to maintain PRPS membership. If you do not wish to join PRPS, call us at 800.237.7328, extension 3133, so we may help you with PSECU eligibility.

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Current Rates

Valid as of 05/7/2021 1:02 PM EDT 
Term APR* Monthly Payment Value (Minimum) Loan Amount (Minimum)
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...

  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.

FAQs

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. 

**$200 Auto Loan Cash Offer: To receive $200, members must: establish a Qualifying Direct Auto Loan with PSECU between 03/08/2021 and 04/22/2021 and satisfy all requirements. This offer is limited to one (1) cash bonus per PSECU member account. This is a one-time promotional offer and is limited to new PSECU members opening a new Qualifying Direct Auto Loan through the designated PSECU promotional offer page.

  1. Participant must apply for membership and join PSECU, and comply with all $200 Auto Loan Cash Offer requirements. The Participant must establish a Qualifying Direct Auto Loan during the promotional period of 03/08/2021 and 04/22/2021.
  2. Participant must be a U.S. Resident.
  3. Promotional offer open to persons 21 years of age or older at the time he/she establishes a Qualifying Direct Auto Loan through the designated PSECU promotional offer webpage.
  4. Qualifying Direct Auto Loan is defined as an approved and funded AutoDraft, AutoCheck, or auto rollover loan of at least $7,500 and excludes refinancing of a current PSECU auto loan.
  5. The recipient of the $200 Cash Offer is solely responsible for payment of applicable taxes on that amount. If you have any questions, please seek the advice of a qualified tax professional.
  6. Payment of the $200 Cash Offer will be deposited into the Regular share within 60 days after the requirements are satisfied.
  7. The member must be in good standing, as defined by PSECU's Bylaws Article II, Section 1, to receive the $200 Cash Offer.
  8. All decisions of PSECU regarding this promotional offer are final. PSECU may terminate or change the terms and conditions of this promotion without notice.
  9. All decisions of PSECU regarding this promotional offer are final. PSECU may terminate or change the terms and conditions of this promotion without notice.
  10. Employees, agents, and officials of PSECU, and immediate family members of any of these, are not eligible for this promotional offer.
  11. Subject to all applicable federal, state, and local laws and regulations.

ABOUT THE $200 AUTO LOAN CASH OFFER: From 03/08/2021 and 04/22/2021, PSECU is running a new Member Promotion for those who establish a Qualifying Direct Auto Loan by using the designated PSECU promotional offer page. To receive $200, members must establish the Qualifying Direct Auto Loan between 03/08/2021  and 04/22/2021  and satisfy the promotion requirements. PSECU will deposit $200 into the Regular share within 60 days after the requirements are satisfied. A $5 minimum Regular share balance is required to be eligible to receive the $200, and the PSECU member must be in good standing as defined by PSECU's Bylaws, Article II, Section 1. The Annual Percentage Yield on PSECU's Regular share account is 0.05%. This variable rate is current as of 05/7/2021 1:02 PM EDT and may change. Withdrawals and fees may reduce earnings on the account.