When it comes to financing a new or used vehicle, there is no shortage of options available. While this is great news for consumers, it does require you to do your research beforehand to ensure you are getting a good deal. After all, the terms of a vehicle loan will affect your finances for years to come.
Let PSECU help you find a vehicle loan that works for you. We offer flexible financing solutions for new or used cars, trucks, RVs and motorcycles.
Financing Terms and Details
Current auto loan rates can be found at the bottom of this page. PSECU will finance up to 100% of the Manufacturer's Suggested Retail Price of any untitled, current model year vehicle that doesn't have excessive mileage. For used vehicles, financing is available for the Kelley Blue Book® or other authorized guides, retail value of any car or truck worth at least $3,000. A used vehicle must have a title or be a previous year model purchased after March 31.
We can also provide financing for more than the retail price, or Kelley Blue Book or other authorized guides vehicle value, of a new or used vehicle, though a higher interest rate applies. For loans financing a vehicle for more than 100% and up to 120% of the vehicle's retail value, an additional 2% is added on to the APR. For loans financing a vehicle for more than 120% and up to 130% of the vehicle's retail value, an additional 3% is applied.
Buy A New Or Used Vehicle
No matter what type of vehicle - new or used - you're looking to buy, we make it easy to get the financing you need. With a PSECU pre-approval, you can shop for the car, truck, motorcycle or scooter you want.
PSECU's AutoDraft makes auto buying easier because you are prequalified for your auto loan prior to making a purchase. The AutoDraft looks and works like a blank check and can be used at any authorized car dealer.
Once you know how much you need to borrow, apply for your loan with PSECU. If approved, you will receive your AutoDraft by mail.
Be sure to fill out all the information on the draft - including the term of payment (number of months) and method of payment (direct deposit, automatic transfer, etc.). The dealer will take care of the rest!
Learn more about our vehicle financing terms.
Looking for a Recreational Vehicle Loan? Learn more
Refinance Your Vehicle
Why pay more when you don't have to? Move your vehicle loan to us and lower your monthly payment. You'll have more cash on hand to do the stuff you really want to.
You purchased a great vehicle or bought out a lease. But did you get the best financing terms? Roll over your loan to PSECU. It's easy and could save you a lot of money.
The rate at the time was great, but now we've got even better rates. Keep in mind you will need to add $1,000 to the amount you want to borrow.
Check out our current rates below, or get in touch with a PSECU representative from our Harrisburg, Pennsylvania headquarters for more information.
Rates valid as of 1/19/2018 10:19 PM
|New / Used Auto||1-36 Months||1.99%
|New / Used Auto||37-60 Months||2.99%
|New / Used Auto||61-84 Months||3.49%
|New / Used Auto||85-120 Months||8.49%
*APR denotes Annual Percentage Rate
Vehicle Loan Terms
||Loan Amount (Minimum)
|New & Used Vehicles
*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 vehicle value for Refinance purchase types. 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 and proper rate. Loan rates are subject to change. See the Consumer Note, Disclosure and Security Agreement at psecu.com/disclosures or call 800.237.7328. Kelley Blue Book® is a registered trademark of the Kelley Blue Book Co., Inc.