Auto Loans

Unlock Your Dream Ride: Loans for New, Used and Older Vehicles


At Excite Credit Union, we understand that your vehicle is more than just a mode of transportation—it’s a reflection of your lifestyle and aspirations. Whether you’re eyeing the latest model or a reliable pre-owned vehicle, our new and used auto loans are designed to help you hit the road with confidence. With competitive rates, flexible terms, and personalized service, we make financing your next car simple and straightforward. Explore our range of financing options and take the first step towards driving your dream vehicle today.

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No Payment for 90 Days

No payments for the first 90 days1

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Flexible Terms

Terms up to 84 months.

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No  Prepayment Penalties

No penalty for paying off your loan early.

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Refinancing?

Rate discount of up to 1% APR2

Our great rates help you pay less!

New Vehicle Rates

All rates effective as of 10/10/2024

New vehicles are model year 2023 or newer with less than 20,000 miles. 

Min. Loan Amt. Term APR (as low as)
$5,000 up to 48 months 5.99%*
$5,000 49 - 60 months 7.24%*
$15,000 61 - 72 months 7.74%*
$20,000 73 - 84 months 7.99%*

Used Vehicles Rates

All rates effective as of 10/10/2024

Used vehicles are model year 2017 to 2022. Model year 2023 with more than 20,000 miles; 150,000 mile maximum.

Minimum Amount Term APR (as low as)
$5,000 up to 48 months 7.49%*
$5,000 49 - 60 months 7.74%*
$15,000 61 - 72 months 7.99%*
$20,000 73 - 84 months 8.24%*

Older Vehicles Rates

All rates effective as of 10/10/2024

Older vehicles are model years 2010 to 2016; 150,000 mile maximum.

Minimum Amount Term APR (as low as)
$5,000 48 months 8.24%*
$5,000 60 months 8.99%*
$5,000 72 months 9.49%*
$5,000 84 months 9.74%*

Estimate Your Car Payments

Auto Refinance Calculator

Fast Fair Approvals

Step

1

Apply Online
Quick and easy online auto loan application.
Step

2

Sign Your Paperwork
Agree to the car loan amount, rates, and terms.
Step

3

Get a Check
Use your check to buy your new car.

Complete the form below to get started:

Auto Protection

Looking to protect your investment? We got you, with GAP, mechanical breakdown and additional insurance through TruStage. Learn more here.

I've been a member here since May 2015, and gosh has this been an amazing financial establishment! I received an amazing interest rate on my jeep loan, plus this credit union helped me during hurricane Florence! I always recommend friends and family here!

Luis R.

Auto Loan FAQs

An auto loan is money you borrow from us to buy a car. You agree to pay it back with interest over a set time.

A new car loan is for cars that are brand new. A used car loan is for cars that have been owned before. Interest rates and loan terms can differ for each.

The amount you can borrow depends on your credit score, income, and the car’s value. We’ll help you figure out the right amount.

The following components are a few of the factors that help determine your auto loan’s interest rate:

  • Your credit score
  • Your debt-to-income ratio
  • The age of the car (new vs used)
  • The amount and term (how long you will take to pay off) of the loan

For our interest rates, see the chart above.

Yes! Getting pre-approved helps you know how much you can spend and shows dealers/sellers you’re a serious buyer.

Don’t worry. We work with Members who have all types of credit. We’ll help you find the best loan for your situation.

A private party purchase is when you buy a car directly from an individual, not a dealership. It’s just like buying a car from a friend or someone you found online. This can sometimes help you find better deals, but it’s important to check the car’s condition and history before buying.

Auto refinancing is when you take out a new loan to pay off your current car loan. This can help you get a better interest rate, lower monthly payments, or change the loan term.

Refinancing can save you money by lowering your interest rate or monthly payment. It can also help if you want to change the length of your loan or if your credit score has improved since you first got the loan.

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Getting a membership with us isn't a transaction - it's a friendship, a partnership, a neighborhood-wide collab, a life-long pursuit of better, for you, me, us, them, and everyone else we hang out with in life.