AUTO LOAN REFINANCE
Get a payment that helps you take pride in your ride
Refinance the car you already love and put cash back in your pocket
A refinance auto loan can lower your monthly payment through a lower rate, longer term or a combination of the two. It can also be used to shorten the term and reduce the total cost of financing. No matter your goal, PenAir experts will help you find the best and most affordable option.
Refinancing your vehicle with PenAir Credit Union has never been faster.
Easy application process
The entire application process can be done from the comfort of your home when you apply online.
Better interest rate
Since we’re not-for-profit, PenAir puts money back in your pocket by keeping interest rates low.
Lower monthly payments
Less money spent on your car loan means more room for spending or saving in your monthly budget.
Check out our rates
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Loan Type |
Term up to |
APR* |
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Rates are effective as of January 30, 2024. *APR = Annual Percentage Rate. Rates are based on the evaluation of an applicant’s credit and may vary. All loans are subject to approval. Additional terms, conditions and restrictions may apply. Rates are subject to change without notice. Call toll-free 877.4PENAIR for more information. |
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Loan Type Used Auto/Truck |
Term up to 48 - 84 months |
APR* 5.49%-17.99% |
What you'll need
You only need some basics to get started on your refinance loan application. For everything else, you’ll work with a PenAir expert and navigate the road together.
The Basics
Valid Driver’s License & a copy of current registration
Written 10 Day Payoff Quote
Including name of current finance company, payment address, account number and 10-day payoff amount.
Have a Claim?
Mail valid proof of insurance and lien holder information to:
PenAir Credit Union
PO BOX 334
CARAMEL, IN 46082
Take the plunge
Refinance your existing car or truck today.
Crunching the numbers
Save money on your vehicle
Read our tips, tricks, and generally good advice for getting the most out of your car or truck.
Insurance Hacks: It Pays To Shop Around
Prepare to Purchase Your Next Vehicle
Shopping for Car Insurance
Ready, set, go.
Disclosures
APR= Annual Percentage Rate. The APR may vary depending on each individual’s credit history and underwriting factors. All Credit Union loan programs, rates, terms and conditions are subject to change at any time without notice. All loans are subject to approval. Used Auto/Truck: Estimated monthly payment of $18 per $1,000 borrowed for a term of 60 months. Other conditions and restrictions may apply. Call toll-free 877.4PENAIR for more information.
*GAP is not insurance; it is an optional debt cancellation product. GAP will not affect your application for credit or the terms of any credit agreement you have with us. Certain eligibility requirements, conditions and exclusions may apply. You will receive the contract before you are required to pay for GAP. You should carefully read the contract for a full explanation of the terms. If you choose GAP, adding the GAP Fee to the amount financed under your contract will increase the cost of GAP. You may cancel GAP at any time. If you cancel GAP within 90 days you will receive a full refund of any fee paid. GAP purchased from state-chartered credit unions in FL, GA, IA, IN, UT, VT, and WI may be with or without a refund provision. Prices of the refundable and non-refundable products are likely to differ. If you purchase a refundable product, you may cancel at any time during the loan and receive a refund of the unearned fee. GAP purchased from state-chartered credit unions in CO, MO or SC may be canceled at any time during the loan and receive a refund of the unearned fee.