Auto Loans

Get behind the wheel of a great deal with our low auto loan rates. Enjoy local servicing, flexible terms, and zero hidden fees. Apply today to secure the right financing for your next vehicle.

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Benefits of Our Ohio Auto Loans

Your next vehicle represents more than just transportation - it's freedom, reliability, and peace of mind. Our Ohio auto loans make it simple to finance cars, RVs, farm equipment, or even refinance your current loan. We're here to help you confidently navigate every step of the process.

New Auto Loans

Whether you're looking for a sedan, sports car, or truck, we have flexible financing options to fit your needs and budget. 

Our new auto loans come with minimal paperwork and no headaches! Apply now and experience the ease and convenience of driving home happy in your next vehicle.

• Low APR auto loan rates
• Easy loan application
• Cost-effective GAP coverage
• Personalized member support

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Used Auto Loans

Pre-owned vehicles offer practicality at an affordable price point. Our competitive financing allows you to find quality used cars that match your lifestyle and budget. 

Get pre-approved today so you can head off to the dealership and negotiate with confidence!

• Pre-owned auto rates are often lower than average new car rates
• Shortened loan terms so you achieve ownership sooner
• One-on-one support from our knowledgeable loan officers

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Low-Interest Auto Refinance Loans

Imagine having extra cash for road trips and adventures because your car loan now comes with smaller payments. 

We designed our refinancing process to be quick and simple. Enjoy the flexibility of new loan terms that align with where you are now and where you want to be tomorrow.

• Highly competitive rates
• An easy and hassle-free loan experience
• Affordable GAP coverage to cover depreciation
• Personalized support whenever you need us

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Recreational Vehicle Loans

Experience the ultimate road trip with our specialized financing options for your dream RV. Flexible terms help make ownership possible without straining your budget.

Whether it's a motorhome, camper, or travel trailer, we help turn your travel dreams into reality. Each mile traveled brings new opportunities for adventure and discovery.

• Low rates
• No closing fees
• No prepayment penalties
• Skip-a-Pay Option

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Tractor & Farm Equipment Loans

Fuel the growth of your operations with dedicated financing options for tractors and farm equipment. We structure loan terms to meet budget requirements when upgrading equipment. 

Our advisors help determine optimal financing for the advanced machinery best suited to your farm. Take advantage of an equipment loan that allows you to reap more than you sow!

• Low APR rates
• No origination fees
• Zero closing fees
• No prepayment penalties
• Skip-a-Pay options

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Additional Features of OUCU Auto Loans

Auto Loan Rates

Vehicle Loans Annual Percentage Rate (APR) as low as*

APR = Annual Percentage Rate

*New vehicle rate is for the current model year or prior model year with fewer than 15,000 miles. Term of loan will depend on the age of the vehicle and the amount financed. For all vehicle rate tiers there is a .25% increase for loan amounts exceeding book value book value from 110% to 119% and a .50% increase for loan amounts exceeding book value above 120%. Subject to credit approval. All annual percentage rates and annual percentage yields subject to periodic change. Call us for further information on applicable fees and terms. Rates apply to new loans only. Rates are quoted as low as. Your actual rates and repayment terms will be based on your credit history. The minimum loan amount on an auto loan for 72 months is $20,000 and for 84 months $30,000.

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How to Apply for an Auto Loan in Ohio

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Tools & Services

Save up to $900 today with OUCU, the smart choice!

*A local financial institution, July 2025. **According to Atlas Insurance Brokers, June 2025.

+Interest will accrue during this time.

OUCU Financial Auto Loan FAQs

Why should I choose OUCU as my lender?

OUCU provides personalized service and affordable interest rates to help our members grow financially. We are a not-for-profit financial institution dedicated to encouraging your overall financial stability and well-being. Choosing us as your auto loan lender greatly simplifies your vehicle-buying journey.

By selecting an auto loan from OUCU, members receive:

• Substantially lower interest rates compared to other competitors
• Important auto financing and car purchasing resources
• Flexible terms and a unique assortment of payment plan options
• A user-friendly loan process with comprehensive assistance from bank professionals
• Highly personalized member services in all banking aspects, including savings and checking accounts
• Additional financial products and services exclusive only to OUCU members

Auto loans with OUCU Financial start at a rate as low as 6.45%% APR. OUCU members are welcome to apply for a loan at any time during the car purchasing process.

Do I qualify for an OUCU membership?

You can qualify for OUCU membership in many different ways.

That includes employment or association with:

• Live, work, worship, or go to school in our 8-county area: Athens, Hocking, Fairfield, Perry, Morgan, Washington, Vinton, and Meigs County.
• Ohio University: Employees (active or retired), students, or alumni
• Hocking College: Employees (active or retired), students, or alumni
• Select Employee Groups: See the Full List Here
• Affiliate Organizations: See the Full List Here
• Family Members: Includes relatives of current AND eligible members (examples include parents, siblings, aunts and uncles, cousins, grandparents, in-laws, and beyond)

You’ll need an active membership and savings account with a minimum balance of $10 to get an auto loan. You can find information regarding setting up your savings account here.

Your OUCU membership stays active even if you leave your qualifying employer or organization. We never force members to close or discontinue their accounts. All benefits, banking accounts, and auto loan options will remain available to you indefinitely.

If you need help determining which membership type is right for you, call us toll-free today at (800) 562-8420.

Should I apply for a new or used car loan?

Choosing between a new or used vehicle largely depends on your budget, lifestyle, and travel-related needs. Both new and used auto loans come with unique interest rates, term lengths, and lifespans.
Compare the pros and cons of each loan to make a more informed financial decision about your vehicle of choice.

New Car Loans

• Lower APR – OUCU offers competitive annual percentage rates on all new car loans.
• Longer Terms – New car loans may hold term lengths of 12 to 84 months.

Used Car Loans

• Smaller Loan Amount – Used vehicles in good condition enable you to reduce monthly payments and pay off your car faster.
• Shorter Loan Terms – Used auto loans hold term lengths between 12 and 72 months.
• Both types of auto loans come with OUCU’s Skip-A-Pay option and affordable GAP insurance.
• Get an exact number using our Auto Loan Calculator for more detailed information on your monthly loan payment.

How do I get an auto loan from OUCU?

OUCU offers new and used auto loans with excellent terms and affordable rates. The process of receiving a loan is simple and requires three short steps:

Step 1. Consideration

• Apply for your Auto Loan Consideration Online or by phone at (740) 597-2800
• Indicate your total vehicle budget on your application sheet.
• There is no need to choose a vehicle yet. Pre-approval will last many days, allowing you to find an adequate price point for your new car.

Step 2. Confirmation

• Get a quick answer from a bank officer within one or two business days after submitting your completed application.
• Once OUCU approves, you will receive your pre-approval letter electronically or via mail.
• Using the pre-approval letter, shop for the vehicle that best fits your lifestyle. Pre-approval from an authorized lender will significantly speed up car purchasing.

Step 3. Close

• Once you decide, have your car dealer send a copy of the purchase agreement to your local OUCU branch.
• If you don't buy through a dealership, OUCU will help you close with a private seller. For more information about this process, please contact our Consumer Loans Department at (740) 597-2800.
• You can sign approval documents from any internet-connected device. You can also visit any one of OUCU’s local branches.

Apply Now to begin step one of the auto loan application process, or Contact Us directly for more information.

What credit score do I need to qualify?

While there's no strict minimum, a higher credit score typically means better rates and terms. We consider multiple factors beyond the score, including income and debt-to-income ratio. We evaluate each application individually to find the best possible solution for your situation.

How is the final purchase price calculated?

The total amount includes the vehicle price plus taxes and registration fees. We'll determine your loan amount during the approval process. Our team will work with you to explore various financing options tailored to your budget.

What is guaranteed asset protection (GAP)?

GAP coverage pays the difference between what you owe on your loan and what your insurance pays if your vehicle is totaled or stolen. This protection is especially valuable when you have a small down payment or choose a longer loan term. Many drivers find GAP insurance provides peace of mind against unexpected events.

How soon can I refinance my car loan?

You can typically refinance after making 6-12 monthly payments on time. We recommend waiting until your credit profile improves or interest rates have dropped significantly. Refinancing starts a new loan term and may affect your total interest paid.

Auto Loan Resources

Not sure what terms you’re looking for when qualifying for an auto loan? The following resources may help you figure out what’s best for you.

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