AUTO LOANS
Low, fixed interest rates that beat industry averages
Financing up to 100% of purchase price available to qualified buyers
No penalty for paying off some or all of your loan early
Up to 0.50% rate reduction1 for members purchasing electric cars and switching to eStatements
Rates Calculator Apply for a Loan Online
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Fast & Easy Financing
Submit an application Complete our easy 7 min loan application online or by calling 888-222-8571. Undecided which car to buy? We can pre-approve you for an approximate loan amount2.
Discuss the details A Selfreliance Member Service Representative will gladly contact you to discuss financing options. We will process your application and notify you when your preapproval is completed, usually the same day.
Get the best deal on your dream car Knowing you are pre-approved gives you peace of mind when you are ready to close the deal and helps you focus on negotiating the best price for the vehicle.
Complete your loan documents After you find your new vehicle email us the signed Purchase Agreement. We'll have your loan documents and payment ready for your signature at the branch convenient for you.
Ready To Get Started?
1Members who buy an all-electric or plug-in electric vehicle receive up to 0.5 percent discount on the interest rate of their loan for a new or used vehicle. Search for alternative fuel vehicles here.
2Your final rate and monthly payments will be adjusted based on the vehicle you purchase and may vary from the initial pre-approval terms.
3Not all applicants will qualify for the lowest Annual Percentage Rates (APR) shown. Annual Percentage Rate (APR) is based on an assessment of individual creditworthiness and our underwriting standards. For example, a new auto loan from the dealer for $50,000 with a 48-month term, 90% LTV, and a borrower’s credit score of 781 will currently have an APR of 4.69% and monthly payments of approximately $23 per $1,000 borrowed. Current auto loan modification fee is $50. Auto loans are available for vehicles up to 12 years old and with 120,000 miles or less, subject to underwriting guidelines and LTV limitations. Maximum loan amount is $75,000. Maximum LTV is 100%, with exceptions for rebuilt or salvage title vehicles. Vehicle term eligibility is as follows: model years older than 7 years are eligible for terms up to 60 months; model years 7 years old or newer are eligible for terms up to 75 months; and model years 4 years old or newer are eligible for terms up to 84 months. A down payment is not required; however, providing a down payment may help reduce your loan rate. Auto loans are available only in Illinois, Wisconsin, Indiana, Michigan, New Jersey, New York, Pennsylvania, Maine, Vermont, New Hampshire, Massachusetts, Connecticut, Rhode Island, and Minnesota. All Selfreliance FCU loan programs, rates, terms, and conditions are subject to change at any time without notice.
