Though there are still three months left of 2014, it’s already 2015 when it comes to available new model cars. A new vehicle needs to be an investment worth every dollar, and the interest rate needs to match — no 6% or 7% will do for borrowers with good or excellent credit scores.
Look no further: some of the best auto loan rates in San Diego come from San Diego County Credit Union. A 1.49% APR accompanies its 42-month loan, the perfect complement for members looking for a low-cost, quick-term way to finance, pay off and own a new car. This loan also applies to recent, pre-owned models dating back to 2010.
San Diego County Credit Union 42-Month Auto Loan Terms and Conditions
San Diego County Credit Union keeps its auto loan rates low: a 42-month term, and a fixed, 1.49% interest rate, calculates to a $24.46 monthly payment for every $1,000 borrowed. This interest rate — the lowest offered by the credit union — reflects a loan amount up to 120 percent of a vehicle’s retail value, and is available for qualified borrowers. It’s also part of a credit union promise to finance up to 100 percent of a new car’s MSRP, or the appraised value for used vehicles.
Credit union members can also consider this a great opportunity to refinance an existing loan from another financial institution.
About San Diego County Credit Union
San Diego County Credit Union was originally established in 1938 as the San Diego County Employees Credit Union to serve county government workers. In the years since, it has extended its membership base to all San Diegans, as well as anyone living or working in San Diego, Riverside or Orange County. The credit union has more than 247,000 members and $6.6 billion in assets.
Tap into the best auto loan rates.