Rates as low as 5.74% APR1
when you switch to Patelco
Buckle up – you’re already pre-approved!2 You can use this offer to refinance or get a cashout refinance with clean title, purchase from a dealer or private party, or even buy out a lease.
Apply NowAuto loan financing made easy
Refinance or cashout refinance
Save on your payments or take cash out to cover your financial needs3
Deferring loan payments
Choose to delay your auto loan payments for up to 4 months/120 days4
Terms up to 7 years
Flexible and easy terms up to 84 months
Rate-lock guarantee
If you’re looking for a new vehicle, our 15-day rate lock guarantee gives you time to find your perfect one5
Easy rate check tool
View your rate here and adjust your terms to find the right monthly payment with no credit score impact6
Financing for cars 10 years old or newer
You’re pre-approved for a loan for vehicles 10 years old or newer
With our Switch to Save tool, it’s easy to see how much you can save by comparing your current loan and new loan financing side-by-side. And, when you switch your auto loan to Patelco, you can save 0.25% APR7 off our competitive rates.
Own your car free and clear?
Own your car outright? Did you know you can refinance up to 100% of your car’s Kelley Blue Book value – getting cash out to pay off debt, cover other loans, and more?
Patelco Credit Union has partnered with Enterprise Car Sales to offer you a seamless purchase experience with financing options to fit your needs. Save up to 1.00% APR8, browse thousands of cars near you and easily schedule a test drive!
I’ve been a member for more than 40 years and have used Patelco every time I’ve bought a car. Their service is excellent.
Patelco Member
On average, Patelco members with multiple accounts saved over $1,500 during a 12-month period from better rates and lower fees9—now it’s your turn to save. Connect with a Patelco team member face-to-face online at our Virtual Branch™.
1 APR (Annual Percentage Rate). Used Auto refinance rates starting at 5.74% APR (includes 0.25% APR discount) for vehicles 10 years old or newer effective 05/01/2025; subject to change without notice. Patelco offers a range of base rates and discounts that depend on factors such as credit history, loan term, Patelco account relationship, vehicle mileage, amount financed, and vehicle age. Additional discounts may apply. Vehicle mileage greater than 100k will include an additional .50% added to rate. Actual rates are disclosed to approved applicants in writing prior to loan consummation and may be as high as 17.99% APR. Loan payment example: $23.38 per month per $1,000 borrowed at 5.74% APR for 48 months. For a refinance or purchase of a new or used vehicle, the minimum loan amount is $1,000 for a 1-year term, $5,000 for a 66-month term, $10,000 for a 72-month term, and $15,000 for an 84-month term
2 We used information on you that we obtained from a consumer reporting agency in connection with this “Pre-approved” offer. You were selected to receive this offer because you satisfied certain criteria for creditworthiness which we previously established. The offered credit may not be extended if, after you respond to this offer, we determine that you do not meet the criteria used to select you for this offer or any other applicable criteria bearing on creditworthiness, or if you do not provide the required collateral. A full credit report screen will be processed upon submission of your application. This preapproval is only for vehicles 10 years old or newer, with less than 150,000 miles, and a non-salvage title. This pre-approval can be used to purchase or refinance a new or used vehicle. If refinancing or purchasing a 2024 or newer model, you may qualify for a lower rate.
3 Cash-out refinance eligible for qualified applicants up to 100% of Kelley Blue Book Value. A DMV fee may apply for title transfers.
4 At closing, you have the option to select up to 120 days of deferred loan payments on your new or used auto loan. The actual number of days will depend on the terms of the loan. Interest will accrue on your auto loan beginning on the date the loan is funded, and the first payment will be applied to interest accrued from the date the loan is funded to the first payment date and then to principal due.
5 After you submit a loan application, your Auto Loan rate disclosed is guaranteed for 15 days from the date your loan is approved. Any change to term and/or vehicle information, credit history, account relationship, and Patelco promotional discounts or programs may result in a rate change. Your final rate will be disclosed to you in writing.
6 Patelco runs a “soft” credit pull to determine which pre-qualification offer you qualify for. This doesn’t affect your credit score. If you choose to proceed with a loan application, Patelco will request your full credit report from one or more credit reporting agencies. This will be a “hard” pull and may affect your credit. If necessary, we may also share certain information about you with third parties, like our insurers, to process your request.
7 Rate discount of 0.25% APR available through August 15, 2025 for external refinances (refinances of non-Patelco auto loans) and cashout refinances available with clean title. Model years 15 years old or newer are eligible for the discount. Eligible loans must fund by August 15, 2025 to receive the promotional discount. The following are ineligible for the promotional discount: Internal refinances (refinances of any existing Patelco auto loans), Auto Loan Plus, purchases, lease buyouts, and indirect loans through Caribou or RefiJet.
8 APR (Annual Percentage Rate). 1.00% off current Patelco Credit Union rate with a max loan term of 72 months. Current rate will vary based on creditworthiness and terms. Financing for qualified Patelco Credit Union members. Offer valid only on Enterprise Car Sales vehicles purchased from April 1, 2025 – September 30, 2025. This offer cannot be combined with any other offer other than those listed in this advertisement.
9 Member savings figures are from the America’s Credit Union Benefits Study in Q4 2024. Assumed to have a $30,000, 60-month new auto loan, a classic credit card with an average balance of $5,000, a $200,000, 30-year fixed rate mortgage (a 30-year fixed rate mortgage is replaced with a 5-year adjustable rate mortgage if it yields a greater benefit as it is assumed more in demand) , $5,000 in an interest/dividend checking account, $10,000 in a one-year certificate account, and $2,500 in a money market account.