Vehicle Loans

New Vehicle (2015 and newer)
Repayment Period (months)Fixed APR*
Up to 39 months min loan amount $10,0001.99%
Up to 39 months loan amount under $10,0003.24% - 9.24%
40-483.24% - 9.24%
49-60 3.24% - 10.24%
61-723.69% - 12.24%
73-843.99% - 12.24%
Used Vehicle (2011-2014) 
Repayment Period (months)Fixed APR*
Up to-483.49% - 9.24%
49-603.59% - 10.24%
61-723.69% - 12.24%
73-844.19% - 12.24%
All 2010 and older vehicles add 2.0% to rates listed above

* APY = Annual Percentage Yield

*APR=Annual Percentage Rate. APRs accurate as of 1/1/2017 and range from 1.99% APR – 12.24% APR. The APR you qualify for is based on repayment period, your vehicle’s value, year and mileage and your credit qualifications including residential status, credit and employment history. Payment example: If you borrow $20,000 for 60 months at 2.99% APR, your monthly payment would be $359.68.

For repayment periods longer than 39 months, there are two discounts available: 1) if your vehicle is classified by the Environmental Protection Agency as Smartway or Smartway Elite it qualifies for our E-Go discounts of .25% APR or .50% APR, respectively, down to our floor 2.99% APR, when you’re also enrolled in e-statements. 2) if you set up automatic transfers from your Columbia CU checking to your vehicle loan with either the assistance of a Columbia CU representative or by setting up recurring transfers in Columbia CU’s Personal Online Banking, your qualifying rate is discounted by .25% APR down to our floor of 2.99% APR with our Relationship Checking discount. Relationship Checking discount is not available for loans; financed at the dealership, lines of credit, credit card, savings/certificate-secured loans, mortgages, home equity loans, and business loans.

If you’re refinancing your vehicle loan from another lender, we will give you the lowest of either a) 1.00% APR off your current lender’s APR or; b) your Columbia CU qualifying APR down to our floor of 1.99% APR for vehicles 2014 and newer with up to a 39 month repayment period on loans of $10,000 or more, or our floor of 2.99% APR for longer repayment periods and/or older vehicles.

Membership required to borrow. Columbia Credit Union may offer other rates in the future. Rates accurate as of .