Personal Vehicle Rates
Vehicle Loans
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Term |
New Auto APR1 |
Used Auto APR1 |
|---|---|---|
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1APR = Annual Percentage Rate. Stated APR is the lowest rate available for qualified members and reflects 0.25% discount for Qualified Direct Deposit and automatic debit of loan payment from Checking Account with Lafayette Federal and 0.125% discount for qualified fuel efficient vehicle. Qualified direct deposit is a recurring direct deposit of a paycheck, pension, Social Security or other periodic payment of at least $500 into a checking or savings account on a month-to-month basis made by an outside organization or agency. Actual rate may be higher based on income, credit worthiness, and loan to value. 2$25‚000 minimum loan amount required for vehicle loan of 73 to 84 months. Add 2.00% to above pricing for all overseas vehicle loans. 3Financing available for model years 2017-2024. 4Financing available for model years 2021-2024. The rates and terms shown are effective as of November 1, 2024. New & Used Vehicles: Any car, truck, or SUV that is seven model years old or newer classifies as a new or used vehicle. For example, in 2024, vehicles from 2017 or newer are eligible. New & Used Vehicle Loan Rates. Classic or Restoration Vehicles: Cars that are over 20 model years old are classified as classic or antique and have different loan rates. For example, in 2024, vehicles from 2004 model years or older are eligible. Classic or Restoration Vehicle Loan Rates. |
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Term 36 Months |
New Auto APR1 5.000% |
Used Auto APR1 5.000%3 |
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Term 48 Months |
New Auto APR1 5.000% |
Used Auto APR1 5.000%3 |
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Term 60 Months |
New Auto APR1 5.500% |
Used Auto APR1 5.500%3 |
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Term 72 Months |
New Auto APR1 5.500% |
Used Auto APR1 5.500%3 |
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Term 84 Months2 |
New Auto APR1 6.250% |
Used Auto APR1 6.250%4 |
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Term |
APR1 |
|---|---|
|
1APR=Annual Percentage Rate. Stated APR is the lowest rate available for qualified members and reflects 0.25% discount for Direct Deposit and automatic debit of loan payment from Checking Account with Lafayette Federal. Actual rate may be higher based on income, credit worthiness, and loan to value. The rates and terms shown are effective as of November 1, 2024. |
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Term 36 Months |
APR1 7.250% |
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Term 48 Months |
APR1 7.500% |
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Term 60 Months |
APR1 7.750% |
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Term |
APR1 |
|---|---|
|
1APR = Annual Percentage Rate. Stated APR is the lowest rate available for qualified members and reflects 0.25% discount for Direct Deposit and automatic debit of loan payment from Checking Account with Lafayette Federal. Actual rate may be higher based on income, credit worthiness, and loan-to-value. Loan-to-Value Requirements: Purchase: 70% of purchase price; Refinance: 70% of value. 2Valuation sources include, but are not limited to, Black Book, Sports Car Market, Manheim Auctions, Gold Book and Old Cars Price Guide. The rates and terms shown are effective as of November 1, 2024. New & Used Vehicles: Any car, truck, or SUV that is seven model years old or newer classifies as a new or used vehicle. For example, in 2024, vehicles from 2017 or newer are eligible. New & Used Vehicle Loan Rates. Classic or Restoration Vehicles: Cars that are over 20 model years old are classified as classic or antique and have different loan rates. For example, in 2024, vehicles from 2004 model years or older are eligible. Classic or Restoration Vehicle Loan Rates. |
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Term 60 Months |
APR1 5.500% |
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Term 72 Months |
APR1 5.750% |
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Term 84 Months |
APR1 6.000% |
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Term 120 Months |
APR1 6.250% |
|
Term |
APR1 |
|---|---|
|
1APR = Annual Percentage Rate. Stated APR is the lowest rate available for qualified members and reflects 0.25% discount for Direct Deposit and automatic debit of loan payment from Checking Account with Lafayette Federal. Actual rate may be higher based on income, credit worthiness, and loan to value. The rates and terms shown are effective as of November 1, 2024. New & Used Vehicles: Any car, truck, or SUV that is seven model years old or newer classifies as a new or used vehicle. For example, in 2024, vehicles from 2017 or newer are eligible. New & Used Vehicle Loan Rates. Classic or Restoration Vehicles: Cars that are over 20 model years old are classified as classic or antique and have different loan rates. For example, in 2024, vehicles from 2004 model years or older are eligible. Classic or Restoration Vehicle Loan Rates. |
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Term 60 Months |
APR1 8.000% |
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Term 72 Months |
APR1 8.250% |
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Term 84 Months |
APR1 8.500% |
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Term |
APR1 as low as |
Amount (up to 90% Purchase Price or Value) |
|---|---|---|
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1APR=Annual Percentage Rate. Restrictions apply. May not be used in conjunction with other offers or promotions. Stated APR is the lowest rate available for qualified members and reflects 0.25% discount for Direct Deposit and automatic debit of loan payment from Checking Account with Lafayette Federal. Actual rate may be higher based on income, credit worthiness, and loan to value. Loan amount up to 90% of value, up to $150,000. Vehicles for personal, non-business use and houseboats used as primary residences as defined by the IRS and NCUA only. The rates and terms shown are effective as of November 8, 2024. |
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Term Up to 5 years |
APR1 as low as 10% |
Amount (up to 90% Purchase Price or Value) $5,000 to $20,000 |
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Term Up to 12 years |
APR1 as low as 10% |
Amount (up to 90% Purchase Price or Value) $20,001 to $75,000 |
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Term Up to 15 years |
APR1 as low as 10% |
Amount (up to 90% Purchase Price or Value) $75,001 to $150,000 |
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Term |
APR1 as low as |
Amount (up to 90% Purchase Price or Value) |
|---|---|---|
|
1APR=Annual Percentage Rate. Restrictions apply. May not be used in conjunction with other offers or promotions. Stated APR is the lowest rate available for qualified members and reflects 0.25% discount for Direct Deposit and automatic debit of loan payment from Checking Account with Lafayette Federal. Actual rate may be higher based on income, credit worthiness, and loan to value. Loan amount up to 90% of value, up to $150,000. Vehicles for personal, non-business use and houseboats used as primary residences as defined by the IRS and NCUA only. The rates and terms shown are effective as of November 8, 2024. |
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Term Up to 5 years |
APR1 as low as 10% |
Amount (up to 90% Purchase Price or Value) $5,000 to $20,000 |
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Term Up to 12 years |
APR1 as low as 10% |
Amount (up to 90% Purchase Price or Value) $20,001 to $75,000 |
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Term Up to 15 years |
APR1 as low as 10% |
Amount (up to 90% Purchase Price or Value) $75,001 to $150,000 |