sascu Auto
this credit union auto loans from 7.4% APR: new and used financing, trade-ins and a 74% new-car member preference.
Measuring Banking Performance
- Auto loans at this credit union start at 7.4% APR for new vehicles.
- Approvals arrive in about 24 hours and the rate holds for 30 days.
- A member survey found 74% chose new cars and saved $1,200 on average.
- Trade-ins are appraised at the branch the same day.
Rates and Terms
New-car loans start at 7.4% APR; used cars at 8.6% APR over 12-84 months.
Terms run 12 to 84 months with no early-payment penalty. Rate tiers follow the score band and the vehicle age.
| Vehicle | APR from | Term | Note |
|---|---|---|---|
| New | 7.40% | 12-84 months | Full warranty period |
| Used 1-4 years | 8.60% | 12-72 months | Dealer or private |
| Used 5+ years | 10.90% | 12-60 months | Inspection required |
| Refinance | 8.90% | 12-60 months | Moves existing debt |
How to Apply
Apply online in 10 minutes and a decision arrives within 24 hours.
Upload your pay stub and ID; the offer includes the rate, the payment and the cash-out wire. Pre-approvals hold for 30 days.
Costs You See, Costs You Don't
No application fee and no prepayment penalty; $30 only if a payoff balance is required.
A survey of 1,200 members found 74% chose new cars and the average member saved $1,200 over the loan term versus their previous bank pricing. This method does NOT apply to fleet files or commercial vehicles.
The official methodology is detailed in the sascu overview.
Key facts at a glance
The practical numbers for this topic, and the one caveat to keep in view.
- New-car APR: from 7.4%.
- Decision: 24 hours.
- Fee: $0.
This data does NOT cover business and institutional deposits, which price off a separate schedule. Originally we showed only the headline figures; member questions pushed the desk to publish the full methodology in the overview.
The official methodology is detailed in the sascu overview.
One more thing about Auto Loans
What are the platform auto loan rates?, answered plainly: New vehicles finance from 7.4% APR and used vehicles from 8.6% APR at sascu..
Members ask about "What are our team auto loan rates?" more than any other topic this quarter. The short answer: New vehicles finance from 7.4% APR and used vehicles from 8.6% APR at the platform.. If you only remember one number, make it the headline figure above - every price on this page references it.
One practical note: review your own file before deciding, because the exact terms shift with the current rate window.
Consumer protection and credit-union rules are published by the Financial Consumer Agency of Canada.
sascu moved our payroll and treasury in one week. The switch team handled the phone calls.
The app is the reason we stay. Everything from deposit to bill pay takes minutes at lunch.