Auto Loans & Leasing
Whether you're buying new, used, or exploring a lease, we help you find competitive rates and flexible terms for every vehicle purchase — including private party sales and refinancing your current loan.
Loan vs. Lease — Which Is Right for You?
The choice between financing and leasing depends on your driving habits, budget, and long-term goals. Here's a plain-language breakdown.
Auto Loan (Finance)
When you finance a vehicle, you take out a loan to purchase it outright. You make monthly payments over the loan term, and at the end you own the car free and clear. Best for high-mileage drivers and those who want long-term ownership.
Pros
- You own the vehicle outright at the end of term
- No mileage restrictions or overage fees
- Freedom to modify or customize your vehicle
- Build equity you can trade in or sell
- No wear-and-tear penalties
Cons
- Higher monthly payments than leasing
- Vehicle depreciates — you absorb all depreciation
- Responsible for all repairs after warranty expires
- Down payment often required
Auto Lease
When you lease, you're essentially paying for the portion of the vehicle you use over the lease term. Payments are lower because you're not financing the full purchase price. Best for those who prefer driving newer vehicles and stay within mileage limits.
Pros
- Lower monthly payments than financing
- Drive a new car every 2–3 years
- Manufacturer warranty typically covers lease term
- Little or no down payment required
- Tax advantages for business use
Cons
- No ownership equity at end of term
- Mileage limits (typically 10,000–15,000 miles/year)
- Fees for excess wear and tear
- Early termination can be costly
- Must return or buy out vehicle at lease end
Types of Auto Financing
From new car loans to private party purchases, we have financing solutions for every situation.
New Car Loans
Finance a brand-new vehicle from a dealership with competitive rates. New car loans typically offer the lowest interest rates and longest terms available.
- Terms up to 84 months
- Competitive rates for qualified buyers
- Up to 100% financing available
Used Car Loans
Purchase a pre-owned vehicle with a used car loan. Rates are slightly higher than new car loans but still very competitive for qualified buyers.
- Vehicles up to 10 years old
- Terms up to 72 months
- Purchase price & private party
Auto Refinance
Lower your monthly payment or reduce your interest rate by refinancing your existing auto loan. Can save hundreds or thousands over the life of the loan.
- No prepayment penalties
- Skip a payment options
- Rate reduction from day one
Auto Leasing
Drive more car for less money per month. Leasing gives you access to newer vehicles with lower monthly payments and built-in warranty coverage.
- Lower monthly payments
- Drive a new car every 2–3 years
- Manufacturer warranty included
Private Party Loans
Buying a vehicle from an individual rather than a dealership? Private party auto loans let you finance purchases from non-dealer sellers.
- Seller receives check directly
- Competitive rates available
- Title transfer assistance
Rates & Terms at a Glance
Rates vary based on your credit profile, loan term, vehicle age, and lender. The figures below represent typical ranges for well-qualified applicants. Your personalized rate will depend on your individual financial situation.
A higher credit score, shorter loan term, and larger down payment generally result in the most favorable rates. Even with imperfect credit, there are programs available — submit a quote request and we'll explore all options for you.
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