* These rates apply to non-titled vehicles including: motorcycles under 300cc, boats, personal watercraft, snowmobiles, ATVs, trailers under 3,000 lbs and other chattel (collateral secured by UCC). Rates are effective 11/01/2023 and subject to change without notice. APR = Annual Percentage Rate. Fees, amount financed and actual term may affect the actual APR and rate of your loan. SVCU loans are done using risk-based pricing to determine the interest rate and are based on the borrower's term and credit worthiness. All rates and loans are subject to credit approval. Vehicle loans are available for vehicles 10 or less model years old. The age of the vehicle will determine the maximum length of term available. Other terms and rates may be available. Contact an SVCU loan officer for more information.
Payment Examples:
23 month term auto loan: $25,000 at 23 months at 5.49% interest rate = 22 payments of $1148.94 per month with a final payment of $1148.91 includes a $25 document fee; 5.59%APR and $45.96 per $1,000 borrowed. Minimum loan amount for 0-23 months is $1,000.
47 month term auto loan: $25,000 at 47 months at 5.99% interest rate = 46 payments of $598.78 per month with a final payment of $598.53 includes a $25 document fee; 6.04%APR and $23.95 per $1,000 borrowed. Minimum loan amount for 24-47 months is $3,000.
65 month term auto loan: $25,000 at 65 months at 6.49% interest rate = 64 payments of $457.77 per month with a final payment of $457.54 includes a $25 document fee; 6.53%APR and $18.31 per $1,000 borrowed. Minimum loan amount for 48-65 months is $7,500.
83 month term auto loan: $25,000 at 83 months at 6.99% interest rate = 82 payments of $381.22 per month with a final payment of $380.63 includes a $25 document fee; 7.02%APR and $15.25 per $1,000 borrowed. Minimum loan amount for 66-83 months is $10,000.