Auto Loan

New auto loan rates as low as 3.24% APR*

 

Whether you’re interested in buying a new or used vehicle, or refinancing your current car loan, we can help you make it happen – and take advantage of the best rates available today.

Auto Loans

 

  • New Autos: For current model years, we offer financing up to 100%**, and terms from 24-84 months. No first payment due for up to 90 days.
  • Used Autos: For vehicles up to 10 years old, you can choose a term of 24-84 months, as well as financing up to 100% and no payment due for up to 90 days.
  • Recreational Vehicles: Looking to buy a new or used boat, motorcycle or RV? We can help you finance up to 80% of the purchase price, including tax, license and documentation fees. For used recreational vehicles, financing is available up to 80% of the Wholesale Blue Book Value plus tax, license and documentation/recording fees.
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  • Financing up to 100%** and no first payment due for up to 90 days
  • Private-Party Purchases from a friend or family member
  • Clear Title Loans give you quick cash by borrowing against your paid-off vehicle
  • Enterprise Car Sales offer KeyPoint members discounts on car purchases, loans and rentals
  • AutoLand Car-Buying Service eliminates haggling at the dealership
  • Starting Point can help you get your first auto loan and begin building your credit for a successful financial future
Auto Loans – New and Used
Rates Effective: 1/17/20
New and Used 24 - 48 months 49 - 66 months 67 - 84 months
New (2019 and newer) with under 5,000 miles 3.24%* to 19.00%* 3.49%* to 19.00%* 3.74%* to 19.00%*
Used (2013 - 2020) with 5K miles or more 3.49%* to 19.00%* 3.74%* to 19.00%* 3.99%* to 19.00%*

Loan rates on 2010 to 2012 model years are 2.00% higher than the rate for which the applicant otherwise qualifies.

Minimum loan amount is $5,000 (exceptions are possible for <$5,000).

*90-day Deferral of First Payment is available to qualified applicants on all programs.

Rates accurate as of 1/17/20 and subject to change. 

Payment Examples:

  • Pay $22.24 per month per $1,000 borrowed at 3.24% APR for 48-months
  • Pay $13.55 per month per $1,000 borrowed at 3.74% APR for 84-months
Motorcycles - New (Max. Age of 3 Model Years)
Rates Effective: 1/1/20
Loan to Value APR Credit Limit Term (Months)
61% - 80% 14.35 $2,500 to $15,000 NEW - 48
less than 60% 13.55 $2,500 to $15,000 NEW - 48
Motorcycles - Used (Max. Age of 3 Model Years)
Rates Effective: 1/1/20
Loan to Value APR Credit Limit Term (Months)
61% - 80% 15.35 $2,500 to $15,000 USED - 24
less than 60% 14.55 $2,500 to $15,000 USED - 24

Maximum LTV is 80% plus tax, license, and all documentation/recording fees.
Minimum loan amount is $2,500.

Rates accurate as of 1/1/20 and subject to change. 

Payment Examples:

  • Pay $27.50 per month per $1,000 borrowed at 14.35% APR for 48-months
  • Pay $48.65 per month per $1,000 borrowed at 15.35% APR for 24-months
Recreational Vehicles and Boats under 28ft
Rates Effective: 1/1/20
Loan to Value APR Credit Limit Term (Months)
61% - 80% (new) 10.95% $2,500 or more 24 - 120
less than 60% (new) 10.75% $2,500 or more 24 - 120
61% - 80% (used) 11.95% $2,500 or more 24 - 120
less than 60% (used) 11.75% $2,500 or more 24 - 120

Maximum LTV is 80% plus tax, license, and all documentation/recording fees.

Minimum loan amount is $2,500.

Rates accurate as of 1/1/20 and subject to change. 

PAYMENT EXAMPLES:

  • Pay $13.75 per month per $1000 borrowed at 10.95% APR for 120 months
  • Pay $14.32 per month per $1000 borrowed at 11.95% APR for 120 months

KeyPoint has loan and auto payment protection!

If you’re getting a new loan or purchasing a car, KeyPoint has several loan and auto payment protection options that can help make your payments, extend your insurance, or extend your vehicle warranty: 

Credit Protection1 - In the event of death, disability or involuntary unemployment, Credit Protection with Life Plus can help protect your family and erase your debt. Protect your loan balance or loan payments today, so your family can worry a little bit less about tomorrow.

Mechanical Repair Coverage2 - As your vehicle gets older, the risk and cost of repairs increase. Most common vehicle factory warranties are only good for the first 3 years or 36,000 miles. A few are good for the first four years or 50,000 miles. Mechanical Repair Coverage (MRC) can help you limit the cost of any breakdowns. You pay only the applicable deductible, if any.

Guaranteed Asset Protection Plus3 - Fair market insurance value isn’t always fair. Guaranteed Asset Protection Plus (GAP Plus) can help fill the gap between what your vehicle insurance will pay and what you owe on your loan, to cushion you against sudden out of pocket expenses if your vehicle is totaled or stolen. GAP Plus may cancel part of your next loan with KeyPoint, when you purchase a replacement vehicle.

Ask a KeyPoint representative for more information and a free quote: (888) 255-3637.

1 Your purchase of Debt Protection with Life Plus is optional and will not affect your application for credit or the terms of any credit agreement required to obtain a loan. Certain eligibility requirements, conditions and exclusions may apply. Please contact your loan representative or refer to the Member Agreement for a full explanation of the terms of Debt Protection with Life Plus. You may cancel the protection at any time. If you cancel protection within 30 days, you will receive a full refund of any fee paid. 

2 Mechanical Repair Coverage is provided and administered by Consumer Program Administrators, Inc. in all states except CA, where coverage is offered as insurance by Virginia Surety Company, Inc., in WA, where coverage is provided and administered by Automotive Warranty Services, Inc., in FL, LA, OK and WI, where coverage is provided and administered by Automotive Warranty Services of Florida, Inc. (Florida License #60023) and in AZ, where the Obligor and Administrator is Consumer Program Administrators, Inc., all located at 175 West Jackson Blvd., Chicago Illinois 60604, 800.752.6265. This coverage is made available to you by CUNA Mutual Insurance Agency, Inc. In CA, where Mechanical Repair Coverage is offered as insurance (form MCCU-001-MBI), it is underwritten by Virginia Surety Company, Inc. Coverage varies by state. Be sure to read the Vehicle Service Contract or the Insurance Policy, which will explain the exact terms, conditions, and exclusions of this voluntary product.

3 Your purchase of MEMBER’S CHOICETM Guaranteed Asset Protection (GAP) is optional and will not affect your application for credit or the terms of any credit agreement you have with us. Certain eligibility requirements, conditions, and exclusions may apply. You will receive the contract before you are required to pay for GAP. You should carefully read the contract for a full explanation of the terms. If you choose GAP, adding the GAP fee to your loan amount will increase the cost of GAP. You may cancel GAP at any time. If you cancel GAP within 90 days you will receive a full refund of any fee paid.

  • What you will need to apply:
    • Valid government issued photo ID
    • Valid auto insurance
    • Most current paystub (if requested)
  • If you're purchasing from a dealership, you'll also need:
    • Signed sales contract
  • If you're purchasing from a private party (clear title), you'll also need:
    • Original title
    • Vehicle registration
    • Valid government issued photo ID for both buyer and seller
    • Current mileage
    • Total purchase price of vehicle
    • Smog certificate (If applicable)
    • DMV sales tax and fees will apply
    • Note: Seller and buyer must be willing to go to branch to sign original DMV documents.
  • If you're purchasing from a private party (lien on title), you'll also need:
    • Account payoff information from current lender
    • Vehicle registration
    • Valid government issued photo ID for both buyer and seller
    • Current mileage
    • Total purchase price of vehicle
    • Smog certificate (if applicable)
    • DMV sales tax and fees will apply
    • Note: Seller and buyer must be willing to go to branch to sign DMV documents.
  • If you're buying out a lease, you'll also need:
    • Lease paperwork or odometer disclosure from leasing company
    • Lease payoff information from leasing company
    • Vehicle registration
    • Current mileage
    • DMV sales tax and fees will apply
  • If you're refinancing from another lender, you'll also need:
    • Account payoff information from current lender
    • Vehicle registration
    • Current mileage
  • If you're getting a cash out title loan, you'll also need:
    • Original title
    • Vehicle registration
    • Current mileage
    • Note: Wholesale loan to value restrictions apply.
  • If you're applying for the Starting Point program, you'll need:
    • Most current paystub or signed offer letter
    • Valid government issued photo ID
    • Social Security number
    • Verification of residence
    • Minimum 10% down payment

 

ALL LOANS SUBJECT TO CREDIT APPROVAL. RATE IS BASED ON CREDITWORTHINESS AND OTHER FACTORS, AND MAY BE HIGHER THAN THE RATE SHOWN. RATES AND TERMS SUBJECT TO CHANGE WITHOUT NOTICE.

In the event there is a lapse in proper insurance coverage or you should fail to maintain proper insurance collateral protection insurance upon your loan, KeyPoint Credit Union may, at its discretion and at your cost, force place a policy upon your loan in order to protect both yourself and KeyPoint Credit Union as per the agreements set forth in your original loan documentation.

*All loans subject to credit approval. Rate is based on credit worthiness and other factors, and may be higher than the rate shown. Rates accurate as of 1/17/20. Rates and terms subject to change without notice. Payment example: Pay $22.24 per month per $1,000 borrowed at 3.24% APR for 48-months.

**Certain qualifications and restrictions may apply for 100% vehicle financing.