As of 11/18/2024
Vehicle Loan
Term Up To:
APR Range New and Used*
Auto
36 Months
48 Months
60 Months
72 Months
84 Months
6.64% - 17.44%
6.64% - 17.44%
6.64% - 19.14%
6.89% - 10.64%
7.39% - 11.14%
Motorcycle
48 Months
60 Months
72 Months
84 Months
9.15% - 18.65%
9.15% - 18.65%
9.40% - 18.90%
9.65% - 19.15%
Boats & RVs
48 Months
60 Months
84 Months
120 Months
8.49% - 12.24%
8.74% - 10.49%
8.99% - 10.74%
9.24% - 10.99%
Other Secured (Utility Vehicles Not Listed Above)
48-72 Months
9.15% - 18.65%
*All vehicle loan rates include a .50% discount for automatic payment transfer from an American First account. A one time $5 lifetime membership fee may apply. Some restrictions apply. A New Auto is a current year model with less than 7,500 miles, financing of up to 125% of MSRP. A Used Auto is a model 7 years old or newer, financing up to 125% Kelley Blue Book. Auto Loan subject to credit approval. Not all members will qualify. Current American First loans are not eligible for refinancing. Some financing exceptions made for vehicles not listed in current Kelley Blue Book. Rates & terms not applicable to previously funded American First Credit Union loans. No down payment required.
Subject to change without notice. Rates may vary based on individual's credit history and underwriting factors. Additional discounts available for 80% financing, and automatic payment from an AFCU account. Please contact us for details.
Vehicle Loan Payment Examples (do not include .50% discount for automatic payment transfer from American First account):
Auto Loan payment example: a new auto based on a 60-month term with a rate for qualified members of 6.79% APR would require payment of $691.59 for $35,000 borrowed. Other terms available. Rates vary based on individual credit. Maximum rate on a 60-month term would be 18.04% APR. USED AUTO financing up 125% Kelley Blue Book for used auto purchase or to refinance an auto loan from another lender for models seven (7) years old or newer. Loan payment example on a used auto based on a 60-month term with a rate for qualified members of 6.79% APR would require payment of $691.59 for $35,000 borrowed. Other terms available. Rates vary based on individual credit. Maximum rate on a 60-month term would be 18.04% APR. Some financing exceptions made for vehicles not listed in current Kelley Blue Book. No down payment required. An additional rate discount of .25% is available for 80% financing on new or used autos.
Motorcycle financing available up to 100% MSRP. Payment examples are based on rates for qualified members: 48 monthly payments of $25.30 (at 9.65%) to $30.21 (at 19.15% APR) per $1,000 borrowed; 60 monthly payments of $21.16 (at 9.65% APR) to $26.22 (at 19.15% APR) per $1,000 borrowed. 72 monthly payments of $18.55 (at 9.90% APR) to $23.79 (at 19.40% APR) per $1,000 borrowed; 84 monthly payments of $16.75 (at 10.15% APR) to $22.17 (at 19.65% APR) per $1,000 borrowed.
New boat / RV financing available up to 100% MSRP. Payment examples are based on rates for qualified members: 48 monthly payments of $24.97 (at 8.99%) to $26.71 (at 12.49% APR) per $1,000 borrowed; 60 monthly payments of $20.96 (at 9.24% APR) to $21.71 (at 10.74% APR) per $1,000 borrowed. 72 monthly payments of $18.34 (at 9.49% APR) to $19.12 (at 10.99% APR) per $1,000 borrowed; 84 monthly payments of $16.54 (at 9.74% APR) to $17.33 (at 11.24% APR) per $1,000 borrowed.
Other secured financing available up to 90% MSRP. Payment examples are based on rates for qualified members: 48 monthly payments of $25.30 (at 9.65%) to $30.21 (at 19.15% APR) per $1,000 borrowed; 60 monthly payments of $21.16 (at 9.65% APR) to $26.22 (at 19.15% APR) per $1,000 borrowed. 72 monthly payments of $18.43 (at 9.65% APR) to $23.64 (at 19.15% APR) per $1,000 borrowed. Other terms are available at different rates and may vary based on individual creditworthiness.