Auto Loans
Financing for whatever drives you
Whether you’re shopping for a car, truck, SUV, van or crossover, Rio Grande has the financing to help you get the vehicle you want. Our low-rate auto loans are great for both new and used vehicles. And vehicles less than four model years old get the new car loan rate! We also offer auto loan refinancing options. Be on your way in no time with a quick and easy application process.
Our auto loans feature:
- Fixed auto loan interest rates as low as 6.24% APR (OAC)1
- Up to 90 days with no payment2
- No application fees
- Terms up to 7 years
- Onsite financing is also available—just tell the dealership you want a Rio Grande Credit Union loan
- Auto loan refinancing available
1. APR=Annual Percentage Rate. Rates are subject to change at any time without notice. All loans, terms, and conditions are subject to credit approval. Rates listed are “as low as” rates and assumes excellent credit history. Not all applicants will qualify for the lowest rate. Actual interest rate charged is based on credit history, age of the vehicle and terms of the loan, which can only be determined upon receipt of application. All consumer loans are charged simple interest with no pre-payment penalty. Up to 100% financing available for qualified applicants. Payment example: $610.62 for a $20,000 loan for 36 Months months at 6.24% APR. Other terms and rates are available and may be more beneficial for your situation.
2. Interest accrues during deferral period. Negative amortization cannot occur. Not all loans will qualify for 90 days deferred. 45 days and 60 days are options in that case.
Calculate Your Payment
Vehicle Loan Calculator
Choose Your Rate
| Term in months | Rate as low as | |
| 36 | 36 | 6.24% |
| 48 | 48 | 6.49% |
| 60 | 60 | 6.99% |
| 72 | 72 | 7.24% |
| 84 | 84 | 7.49% |
What's Your Loan Amount?
Auto Loan Rates
| Vehicle Loans | ||
| Effective Date: Saturday, December 21st, 2024 | ||
| APR As Low As | Term | Approx Monthly Payment ($20,000 Loan) |
| 6.24% | 36 Months | $610.62 |
| 6.49% | 48 Months | $474.21 |
| 6.99% | 60 Months | $395.93 |
| 7.24% | 72 Months | $343.29 |
| 7.49% | 84 Months | $306.67 |
| APR=Annual Percentage Rate, effective for current and past three model years. We have good rates for older models as well. Rates are subject to change at any time without notice. All loans, terms, and conditions are subject to credit approval. “As low as” rate assumes excellent credit history. Not all applicants will qualify for the lowest rate. Actual interest rate charged is based on credit history, age of the vehicle and terms of the loan, which can only be determined upon receipt of application. All consumer loans are charged simple interest with no pre-payment penalty. Up to 135% financing available for qualified applicants. 73-84 month financing available on vehicles over $20,000. Maximum term for vehicles under $10,000 is 48 months. | ||