Car loans to finance new and used vehicles
Apply online today for new and used cars and trucks with Oregon State Credit Union's online loan application and use our auto loan calculator to find options to fit your budget.
Apply online for an auto loan Competitive rates, low-to-no fees, local decision making and great credit union service.
Auto loan disclosures, rates and fees
|Vehicle type||APR (Low)*||APR (High)||Repayment terms|
|New auto (2020 - 2021)||3.24%||16.24%||Up to 72 months|
|New auto (2020-2021)||3.74%||16.49%||73-84 months|
|Used auto (2006-2019)||3.49%||16.74%||Up to 72 months|
|Used auto (2006-2019)||3.99%||16.99%||73-84 months|
|Classic used auto (2005 and older)||3.49%||16.74%||Up to 60 months|
* APR (Low) indicates the lowest annual percentage rate you may qualify for on the loan. The loan interest rates shown in the table are reflective of a range of rates available. All loans are subject to approval. You may qualify for the lowest rates published depending upon your credit qualification, the amount financed, receiving a 0.25% APR reduction by maintaining an automatic loan payment each month and 0.25% APR reduction for qualifying for the Premier Member Merits category. The Member Merits rate discounts are subject to change.
The following examples illustrate the expected monthly loan payments for members who qualify for the prime rate, premier member merit status and enroll in automatic monthly payments:
We may offer other rates in the future. We may be able to match rates from other lenders. All loans are subject to approval.
Looking for smart online car shopping? Use this car-finding tool to search for, build, research options and finance vehicles.
Smaller auto loan payment, or shorter term?
- As you think about how you'll finance your car or truck, remember that your auto loan has two components: the interest rate and the length of the term, or how long it will take you to pay off the loan assuming you never skip any payments or make extra payments. The term is important because, like the interest rate, it affects the size of your monthly payment. A longer term translates into a smaller payment; a shorter term translates into a larger payment. See more: Smaller auto loan payment, or shorter term?
Protection: mechanical repair coverage
- Mechanical Repair Coverage helps protect you from financial loss when a vehicle breaks down.