kids entering a vehicle

Auto Loans

Get a new ride and a chance to win.

Open an Auto Loan for a chance to win $1,000.*

Questions? We can help.

Lowest available rates

New/Used Auto Loan Rates – Cars, Trucks, SUVs and Motorcycles
Model YearTermAPR‍1 As Low AsMonthly Payment
2022 or newer24 months5.99%$664.74
36 months6.49%$459.67
48 months6.69%$357.04
60 months6.89%$296.24
72 months7.19%$257.11
84 months7.99%$233.72
2021 and older‍224 months6.49%$668.13
36 months6.74%$461.38
48 months6.99%$359.12
60 months7.24%$298.72
72 months7.49%$259.28
84 months8.24%$235.59
Accurate as of 07/23/2024

New Auto Loans earn a chance at $1,000!*

Gearing up for an Auto Loan? Choose Connexus for a chance to win $1,000! Open a new or used Auto Loan by September 30 for automatic entry in the $1K Giveaway.

woman driving a car

Car buying simplified

Purchasing a vehicle should be simple right? We think so. That’s why at Connexus, we take car buying back to basics by giving you the essentials: competitive, nationally-ranked rates and friendly, personalized service. While most lenders can offer you one or the other, we’re proud to deliver both — it’s the Connexus difference.

Whatever stage you’re at in your vehicle purchase, we’ll meet you there! Once you’re ready to move forward, we’ll explore our flexible loan options together to design the perfect financing solution for your budget and needs. Ready to get started? Let’s go! Dive in with the resources below or book a call with one of our auto lending experts to get your questions answered.

Refinance & save

Bring your current auto loan to Connexus to lower your payment and save.

Learn about refinancing

Crunch the numbers

How much car can you afford? Find out with our easy-to-use calculator tool.

Calculate my payment
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See our rates

Explore our new, competitive
rates on both new and used vehicles.

View auto loan rates
What’s better than rates as low as 5.99% APR1?
No payments for 90 days3.
What do you get when you finance your vehicle with Connexus? Competitive rates. Three months of no car payments‍3. And the attentive, hometown credit union service we’re known for. In other words, when you’re ready to start your engine, we’re the ones to call.

Auto loan perks

With an auto loan from Connexus, you’ll walk away with much more than a new vehicle. In fact, we pull out all the stops to give you an experience so stellar, you’ll become a member for life. To that end, here are just a few of the exclusive perks you can take advantage of:

Up to 90 days no payments‍3

Nothing better than that new car smell…except for three months of no payments. Request it and it’s yours.

Financing as easy as 1, 2, 3, 4

We take car buying back to basics. In just four simple, stress-free steps, we’ll help you get behind the wheel.

Less nickel-and-diming, more savings

At Connexus, fees just aren’t our style. That means no annual fees, prepayment penalties, or funds due at closing.

Amped-up security for peace of mind

Safety first! Protect your vehicle and financial well-being with Debt ProtectionGAP Protection, and our Warranty Program.

24/7 access to digital banking

Flexibility? Freedom? We’ve got you covered. Manage your account anytime, anywhere, online, or with the Connexus App.

Learn more about car buying

Auto Loan Pre-Qualification and Pre-Approval: What’s The Difference?

Gearing up for a new ride? Learn the difference between being pre-qualified and pre-approved for an Auto Loan.

10 Common Mistakes Car Buyers Make

Buying a new vehicle is exciting, but it’s easy to overpay if the excitement clouds your judgment. Here are ten common mistakes car buyers make and tips to help avoid them.

Why Get Financing Before You Buy a Vehicle

Learn how getting your financing ahead of time can help make your dealership experience easier and put you in a better buying position.

FAQs: You asked. We answered.

What information do I need to complete my Auto Loan application?

To complete your application, you’ll need to provide:

  • Income verification (i.e. recent paystub)
  • Copy of your driver’s license

Once you’ve purchased a new or used vehicle, you’ll need to provide:

  • Purchase agreement
  • Verification of auto insurance
  • If it is a lease buyout, you’ll need to provide the lease buyout payoff and odometer disclosure
What is GAP insurance and who pays for it?
GAP insurance is an insurance policy taken out at the time of an auto loan to cover the difference between what your insurance company will pay on the auto loan, if the auto is totaled, and the remaining payoff balance. The cost of the policy can be included in your loan or paid by cash.
Can I finance a boat, motorcycle, or recreational vehicle with Connexus?
Absolutely. The rates on this page apply to motorcycles. Loans for boats and other recreational vehicles can be found on our Recreational Loans page.
Can I pay off my loan quicker than the payment schedule?
Of course! There’s no prepayment penalty for paying off your loan early. Doing so will actually help you save on interest over the long run.
Do I have to be pre-approved for an Auto Loan before I start vehicle shopping?

No, it’s not a requirement. However, being pre-approved helps you negotiate the best price for your vehicle. Dealerships take pre-approved customers more seriously because it means you’re ready to do business. Here are more reasons we recommend getting a pre-approved Auto Loan before heading to the dealership.

How do I receive my title or a lien release for my vehicle?

You can receive a title or lien release in several ways, depending on whether your loan is active or paid off and whether you live in a state that processes paper or electronic titles. For more details, please review our Title and Lien Release FAQs.