Longer Auto Loan Terms Can Provide Flexibility
A longer loan term can be a great option for those who need lower monthly payments to fit within a budget or those who intend to pay off their loan more quickly but enjoy the flexibility of a longer loan term. And at SLFCU, there is no penalty for paying off your auto loan early.
SLFCU can provide term length options to best suit your needs with competitive rates as low as 2.90% APR* on a 72-month term for used vehicles or an 84-month term for new vehicles. Vehicles from the current and previous model year with fewer than 25,000 miles qualify for new vehicle rates and terms.
SLFCU has resources to help you navigate the car buying process. Visit slfcu.org for loan calculators, AutoSMART car buying tools, and links to pricing guides for different vehicle makes and models.
For more information or to apply, visit our auto buying center, call 505.293.0500 or 800.947.5328, or stop by any branch.
*Rate effective 2/19/2018. All loans subject to credit approval. Not everyone will qualify for the lowest rate. 100% financing available including tax, title, license, and extended warranties.The maximum loan term available for a used car is 72 months; the maximum loan term available for a new car, defined as being from the current or previous model year and having fewer than 25,000 miles, is 84 months.
« Return to "Car Buying"