auto loans
What Can We Help You With?
Rates with APR* as low as
At ALEC, our team is dedicated to lending a hand to our members to make the process of obtaining a new car loan as easy as possible. Whether you are somewhat of a fanatic about the vehicle you drive, or someone who simply appreciates a dependable mode of transportation, ALEC has an auto loan that will make you happy. Looking for a great auto loan? Ours comes loaded with these standard features:
- Competitive interest rates on cars and trucks, new and used
- Instant approval notification when you apply online**
- Up to a 0.50% discount off our current rates***
- Flexible terms up to 84 months
- No prepayment penalty
- Up to 115% financing of the value of new and used autos
- Easy methods for monthly payments — via online, automatic withdrawal, telephone, and mail
- 24/7 online and phone support
Easy Loan Application Process
Skip lengthy dealership paperwork and shift your gears into savings by using our online loan applications. Getting new car loan pre-approval with ALEC is as easy as 1-2-3:
Step1 |
Apply OnlineGet the loan process started by submitting an online application. |
Step2 |
Complete Your Loan DocumentsOnce you have your purchase agreement, we will help you finalize your loan documents. |
Step3 |
Get a Loan CheckYou are all set to make your purchase. |
Auto Loan Rates
ALEC is proud to provide outstanding rates and term lengths to all members of our banking family.
| Account Type | New & Used Auto - Up to 36 months |
| APR* as low as | 3.99% |
| Account Type | New & Used Auto - 48 months |
| APR* as low as | 4.74% |
| Account Type | New & Used Auto - 60 months |
| APR* as low as | 4.99% |
| Account Type | New Auto - 72 months |
| APR* as low as | 5.24% |
| Account Type | New Auto - 84 months |
| APR* as low as | 5.74% |
| Account Type | Used Auto - 72 months |
| APR* as low as | 5.44% |
| Account Type | Late Model Used Auto - Up to 60 months |
| APR* as low as | 7.24% |
| Account Type | First Time Auto Buyer - 36 months |
| APR* as low as | 5.99% |
| Account Type | First Time Auto Buyer - 48 months |
| APR* as low as | 6.74% |
| Account Type | First Time Auto Buyer - 60 months |
| APR* as low as | 6.99% |
Auto Loan Calculator
*All examples are hypothetical and are for illustrative purposes. Information and interactive calculators are made available to you as self-help tools for your independent use and are not intended to provide investment advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances.
