New & Used Auto Loan Rates
Competitive rates for your vehicle loan
Finance your new or used car, truck, SUV, or motorcycle with an auto loan from Lanco Federal Credit Union. Learn more about auto loans.
Rates displayed below are the APR (Annual Percentage Rate) and are accurate as of 5/28/2018. Rates are subject to change at any time. Credit Score refers to TransUnion Credit Score.
Automobile and Motorcycle Loan Rates
| Maximum Loan Term | APR (based on Credit Score) | ||||
|---|---|---|---|---|---|
| 750 | 700–749 | 660–699 | 620–659 | Under 620 | |
| Model Years 2012-2018 | |||||
| 36 Months | 1.99% | 2.99% | 3.99% | 6.99% | 9.99% |
| 48 Months | 2.99% | 3.99% | 4.99% | 7.99% | 10.99% |
| 60 Months | 2.99% | 3.99% | 4.99% | 7.99% | 10.99% |
| 72 Months | 3.99% | 4.99% | 5.99% | 8.99% | 11.99% |
| 84 Months | 5.99% | 6.99% | 7.99% | 10.99% | 13.99% |
| Model Years 2006-2011 | |||||
| 36 Months | 3.99% | 4.99% | 5.99% | 8.99% | 11.99% |
| 48 Months | 4.99% | 5.99% | 6.99% | 9.99% | 12.99% |
| Model Years 1994-2005 | |||||
| 60 Months | 8.99% | 9.99% | 11.99% | 15.99% | 17.99% |
If financing over 100% of the vehicle’s value, add 1.00% to the advertised rate. Maximum Loan Amount is determined by the vehicle age, vehicle value, and borrower qualifications. Rates advertised are available for members meeting standard credit criteria. If you have no credit history or bad credit history, you may qualify for a First-Time Auto Buyer loan or Second Chance auto loan. Call (717) 569-7180 to speak with a lender for details.
Terms Available
| Vehicle Year | Amount Borrowed | Maximum Loan Term Available |
|---|---|---|
| 1994–2018 | Any amount + | 36 Months |
| 1994–2018 | $5,000 + | 48 Months* |
| 2012–2018 | $10,000 + | 60 Months |
| 2012–2018 | $20,000 + | 72 Months |
| 2012–2018 | $25,000 + | 84 Months |
*Maximum term of 60 months available for vehicles years 1994-2005 when financing $5,000 or more.
Recreational/Utility Vehicle Loan Terms & Rates
Call (717) 569-7180 for current rates and terms.