Vehicle Rates
New Auto Loan Rates & Used Auto Loan Rates (By Model Year)
| Years | APR as low as* | Maximum Term |
|---|---|---|
| 2025-2026 $65,000+ | As low as 6.00% | 85 – 96 months |
| 2021 – 2026 | As low as 5.75% | 73 – 84 months |
| 2021 – 2026 | As low as 5.50% | Up to 72 months |
| 2019 – 2020 | As low as 6.00% | Up to 60 months |
| 2017 – 2018 | As low as 7.00% | Up to 48 months |
| 2016 & Older | As low as 7.50% | Up to 36 months |
| Classic Auto | As low as 5.50% | Up to 72 months |
Vehicle Loans: 72-month term at 5.50% APR* would have an estimated monthly payment of $16.34 per $1,000 borrowed. Rates based on your credit bureau score. The rates listed above are for members** who have excellent credit. Rates increase if there have been previous credit problems. All rates quoted “as low as.” “As low as” includes .50% rate reduction available for members receiving direct deposit to their ELGA Credit Union account, setting up automatic payments from their ELGA Credit Union account. Program, rates, terms, and conditions are subject to change without notice. Other loan terms are available at different rates. *APR = Annual Percentage Rate. **Membership must be established prior to loan closing.
Boats, RVs and Airplanes
| Loan Amount | APR as low as* | Maximum Term |
|---|---|---|
| $0 – $9,999 | As low as 6.50% | Up to 60 months |
| $10,000 – $19,999 | As low as 6.75% | 61 – 84 months |
| $20,000 – $29,999 | As low as 7.00% | 85 – 144 months |
| $30,000 & Over | As low as 7.25% | 145 – 180 months |
| $60,000 & Over | As low as 7.50% | 181 – 240 months |
84-month term at 6.75% APR* would have an estimated monthly payment of $14.98 per $1,000 borrowed. Rates based on your credit bureau score. The rates listed above are for members** who have excellent credit. Rates increase if there have been previous credit problems. All rates quoted “as low as.” “As low as” includes .50% rate reduction available for members receiving direct deposit to their ELGA Credit Union account, setting up automatic payments from their ELGA Credit Union account. Program, rates, terms, and conditions are subject to change without notice. Other loan terms are available at different rates. *APR = Annual Percentage Rate. **Membership must be established prior to loan closing.
Powersports: ATV, UTV, Snowmobiles and Motorcycles (2020 and Newer)
| Loan Amount | APR as low as* | Maximum Term |
|---|---|---|
| $0 – $4,999 | As low as 7.75% | Up to 48 months |
| $5,000 – $14,999 | As low as 8.00% | Up to 72 months |
| $15,000 – $24,999 | As low as 8.25% | 73 – 96 months |
| $25,000 & Over | As low as 8.50% | 97 – 144 months |
72-month term at 8% APR* would have an estimated monthly payment of $17.54 per $1,000 borrowed. Rates based on your credit bureau score. The rates listed above are for members** who have excellent credit. Rates increase if there have been previous credit problems. All rates quoted “as low as.” “As low as” includes .50% rate reduction available for members receiving direct deposit to their ELGA Credit Union account, setting up automatic payments from their ELGA Credit Union account. Program, rates, terms, and conditions are subject to change without notice. Other loan terms are available at different rates. *APR = Annual Percentage Rate. **Membership must be established prior to loan closing.
