Auto Loans

Our vehicle loans keep you moving

With a low rate, you have a lot more money available for your next road trip, or your daily commute. 

You're in the driver's seat

Rates as low as 4.99% APR*

Choose terms up to 84 months

Same rate and term for new and used

No payments for 90 days†

LIMITED TIME: Activate your preapproval and finance an electric or hybrid vehicle before 3/31/24 and you can get an additional 0.50%** discount off your rate.

Buy your next car at our upcoming Car Sale Event on March 9 and 10, 10am — 5pm.

Monterra Credit Union is here to help you buy your next car with a loan you can afford. Feel confident buying the car, truck, SUV, or van that you want with a payment that is right for you. Whether shopping at our upcoming Car Sale Event, utlizing our free Personal Auto Shopper, buying from a dealer or through a private party, we want you to feel you're in the driver's seat of your car buying experience. With flexible terms up to 84 months, and loan options such as no payment for 90 days, you can get the vehicle that works within your budget. And, we're here to help you refinance your current vehicle loan from another lender or from dealer financing.


*APR = Annual Percentage Rate. All rates subject to change. Monterra Credit Union does not charge application fees or closing costs on the loans shown above.
**The 0.50% rate discount for the financing of an electric or hybrid vehicle is available on terms 37 months or more and is valid through March 31, 2024.
†No payment for 90 days offer applicable for new or used auto loans funded, for well-qualified buyers. Interest will accrue during deferment period from the loan origination date. The 90 day deferral is not eligible for cash out refinances.