Car buying is easy with a low-rate auto loan from Instep!
We offer the same rate on new or used vehicles.
Apply for an Auto Loan View Rates
Financing Options
Find and finance your next vehicle from the comfort of your own home.
We offer both new and used auto/motorcycle loans.
- Low rates, flexible terms, easy process
- Member direct deposit discount of 1.00% APR1
- Additional protection benefits available: Mechanical Repair Coverage, GAP Protection, Credit Life & Disability
- Online preapproval
- Auto loan and motorcycle rates as low as 3.75%* APR2
1Eligible members may receive a 1.00% APR discount off their approved loan rate. Member must have a direct deposit for at least 3 consistent months with Instep to qualify. Eligible loans include auto RV, boat, motorcycle and signature (personal). This discount is not included on auto loan specials.
2Rates shown are Instep’s current rates and include a 1.00% discount for members with our Direct Deposit. Terms and conditions apply. Rates are subject to change and depend on various factors including creditworthiness. Your rate may differ. Rates are subject to change and depend on various factors including creditworthiness. Your rate may differ. This discount is not included on auto loan specials.
Quoted rate of 3.75% APR for 56 months has payments per $1,000 equal to $19.50/month.
Auto Loan Refinance
Trade in your auto loan! Lock in lower payments or pay off your car sooner with our auto refinance loan.
- Competitive rates
- Flexible terms
- Member direct deposit discount of 1% APR1
- Additional protection benefits available: Mechanical Repair Coverage, GAP Protection, Credit Life & Disability
- Auto loan and motorcycle rates as low as 3.75%* APR2
1Eligible members may receive a 1.00% APR discount off their approved loan rate. Member must have a direct deposit for at least 3 consistent months with Instep to qualify. Eligible loans include auto RV, boat, motorcycle and signature (personal). This discount is not included on auto loan specials.
2Rates shown are Instep’s current rates and include a 1.00% discount for members with our Direct Deposit. Terms and conditions apply. Rates are subject to change and depend on various factors including creditworthiness. Your rate may differ. This discount is not included on auto loan specials.
Quoted rate of 3.75% APR for 56 months has payments per $1,000 equal to $19.50/month.
Member Direct Deposit Discounts
We believe in rewarding loyalty. That’s why eligible members may receive a 1% APR discount off their approved auto loan rate.
Eligibility:
- Members with monthly direct deposit for at least 3 consistent months
- Auto, RV, boat and motorcycle loans are eligible for a member loyalty discount.
Rates
- Auto loan rates as low as 3.75%* APR1
- Motorcycle loan rates as low as 3.75%* APR2
1Eligible members may receive a 1.00% APR discount off their approved loan rate. Member must have a direct deposit for at least 3 consistent months with Instep to qualify. Eligible loans include auto, RV, boat, motorcycle and signature (personal). This discount is not included on auto loan specials.
2Auto Refinance Program applies to refinanced vehicles from another financial institution and cannot be applied to a loan that is already funded at Instep Credit Union.
*Rates shown are Instep’s current rates and include a 1.00% discount for members with our Direct Deposit. Terms and conditions apply. Rates are subject to change and depend on various factors including creditworthiness. Your rate may differ. This discount is not included on auto loan specials.
Quoted rate of 3.75% APR for 56 months has payments per $1,000 equal to $19.50/month.
What would my auto payments be?
Many factors go into determining the final loan amount for the purchase of a new or used vehicle. These factors include any manufacturer's rebate, the trade-in value of your old vehicle less any outstanding balance, your down payment, etc. Once the loan amount is determined the interest rate and the term of the loan will be used to estimate your vehicle payment.
How much can I lower my monthly payment with a new auto loan?
With interest rates at record lows, it may make sense for you to investigate whether or not refinancing your auto loan could save you some money. Adjusting the term of your existing auto loan may also make a big difference in your monthly loan payment. Use our auto refinance calculator to help you decide if it would be worth it for you to refinance your auto loan.