Auto Loans
Purchasing an automobile is one of the biggest decisions you make, and we want you to get the best deal possible!
- Qualified members select loan terms to fit their needs
- Little or no down payment required on new vehicles
- Simple interest financing
- Convenient payment options by mail, by automatic debit, by payroll deduction, in person, or through SRP Online
- Credit Life and Disability Insurance along with Guaranteed Asset Protection (GAP) are available
- Route 66 Warranty available for new and used autos
- No application/service fee
- Same-day loan approval
Insurance Verification
You can verify your vehicle’s insurance with us right here.
Auto Loan Rates
As of April 1, 2026
| Term | New Vehicle (2024 or Newer) | Used (2020-2023 Model) | Used (2013-2019 Model) | Collectors Classic (25 Years or Older Model) |
|---|---|---|---|---|
| Up to 36 Months | As low as 4.74% APR* | As low as 5.29% APR* | As low as 6.29% APR* | As low as 6.59% APR* |
| 37-48 Months | As low as 4.74% APR* | As low as 5.29% APR* | As low as 7.19% APR* | As low as 7.59% APR* |
| 49-60 Months | As low as 4.74% APR* | As low as 5.29% APR* | As low as 8.74% APR* | As low as 9.09% APR* |
| 61-72 Months | As low as 5.24% APR* | As low as 6.24% APR* | ||
| 73-84 Months | As low as 6.74% APR* | As low as 7.19% APR* |
*All loans subject to approval and rate may vary depending on individual's credit history and other factors. Refinancing restrictions apply. All Credit Union loan programs, rates, terms, and conditions are subject to change at any time without notice. Membership required.
*APR = Annual Percentage Rate. Rates may vary depending on individual's credit history and other factors. All loans subject to credit approval. Rates, terms, and conditions are subject to change without notice. Other restrictions may apply. Must be an SRP FCU member to obtain a loan.
Minimum amount financed for 49-60 months is $10,000.
Minimum amount financed for 61-72 months is $15,000.
Minimum amount financed for 73-84 months is $25,000.
For model years 2024 or newer with greater than 48,000 miles see Used Auto Model Years 2020 - 2023 rates.
Additional terms and conditions apply for vehicles with mileage in excess of 100,000 miles.
Payment Example: Vehicle loan of $20,000 for 60 months at 5.99% APR will have a monthly payment of $388.
