New Auto Loans
Drive away in your dream car with our competitive rates and hassle-free loan process. Enjoy flexible terms of up to 84 months, no prepayment penalties, and affordable GAP coverage to protect you financially. Apply for a new auto loan today and start saving!
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Our Credit Union New Auto Loans Help You Save More
Our new auto loans in Ohio make it easy to upgrade your ride. Our application process is quick and easy with minimal paperwork, and we’ll give you a quick loan decision so you can get behind the wheel of your new car without delay. Apply for a credit union loan today and let us help you get a great deal on your next vehicle!
Competitive Rates
Our low rates help you keep more of your hard-earned money.
Flexible Terms
Choose a repayment option that fits your budget with our flexible loan terms.
Loan Pre-Approval
Find out how much you qualify for to save time while vehicle shopping.
Easy Loan Application
Get behind the wheel faster with our simple, stress-free loan application process.
New Auto Loans in Ohio
Downshift your payments with our new auto loans! Our low-interest loans with flexible terms help you drive away with a new set of wheels and payments that work for your budget. There are zero hidden fees, minimal paperwork, and no headaches!
Get pre-approved before you search for the perfect ride to help you save time. Optional GAP insurance is also available to protect you financially by covering the difference between your car's value and what you owe in case of a total loss. Apply for an auto loan today for personalized service and a fast loan decision!
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Our Low-Interest Auto Loan Rates
Vehicle Loans Annual Percentage Rate (APR) as low as*
| Maximum Term |
24 Months |
36 Months |
48 Months |
60 Months |
72 Months |
84 Months |
| New Vehicles (2024 or newer) |
5.74% APR* |
5.74% APR* |
5.74% APR* |
5.74% APR* |
5.99% APR* |
6.24% APR* |
APR = Annual Percentage Rate
*New vehicle rate is for the current model year or prior model year with fewer than 15,000 miles. 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.
Prime rate for the quarter beginning 10/1/25 is 7.25%
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OUCU New Auto Loan FAQs
Can I get pre-approved for a new auto loan?
Absolutely! We’ll be glad to do a preliminary review of your finances and give you an estimate of how much you qualify to borrow. Keep in mind that pre-approval is not the same as formal loan approval, which requires a more in-depth review of your finances and a hard credit check.
What credit score do I need to qualify for a new auto loan?
A credit score of 650 is preferred for a new auto loan, although lower scores will be considered. In addition to your credit history, we will also review your income, monthly debt payments, and other factors.
I’m self-employed. Can I qualify for a new auto loan?
Yes, you can qualify for a new auto loan if you are self-employed, but you may be required to provide additional documentation to verify your income. You may need to provide tax returns, bank statements, profit and loss statements from your business, or other documents as requested.
Can I pay off my new auto loan early without penalty?
Yes, you can make extra payments or pay off your loan early to save on interest. You can conveniently make loan payments with mobile or online banking from your checking account, by dropping by a branch, or by mail.
What are the benefits of credit union vehicle financing vs. dealer financing?
Credit union auto loans typically have lower interest rates than dealer financing, which helps you save big over the life of the loan. Credit unions are also known for their personalized service and for offering transparent terms with no hidden fees.
What is GAP insurance?
GAP (Guaranteed Asset Protection) insurance helps protect you if your vehicle is totaled or stolen and the insurance payout is less than the amount you still owe on your auto loan. It covers the difference between your car's current value and the remaining loan balance.
Are there any fees for a new auto loan?
Our credit union new auto loans don’t have any fees, which helps you save on the cost of borrowing.
Do I need to be a member to apply for a new auto loan?
Yes, you must become a member to apply for a credit union new auto loan. Membership is open to anyone who lives, works, worships, or goes to school in the following counties: Athens, Hocking, Fairfield, Perry, Morgan, Washington, Vinton, and Meigs. You also qualify for membership if you are an Ohio University or Hocking College active or retired employee, student, or graduate, or if you have a family member who is eligible for membership.
