AUTO LOAN REFINANCE

Get a payment that helps you take pride in your ride

Get Started Online

Go Where Life Takes You

With new auto loans, used auto loans, and refinance auto loans, Pen Air has affordable options to fit your needs!

Already a Member?

Get Pre-Approved Online

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.

Document class="wrapper">

Easy application process

The entire application process can be done from the comfort of your home when you apply online.

Rates class="wrapper">

Better interest rate

Since we’re not-for-profit, PenAir puts money back in your pocket by keeping interest rates low.

Car class="wrapper">

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

Used Auto Loan Rates

Loan Type

Term up to

APR* 

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.

Loan Type

Used Auto/Truck

Term up to

48 - 84 months

APR* 

5.74%-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.

1 class="wrapper">

The Basics

Valid Driver’s License & a copy of current registration

2 class="wrapper">

Written 10 Day Payoff Quote

Including name of current finance company, payment address, account number and 10-day payoff amount.

3 class="wrapper">

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.

Get Started Online

Go Where Life Takes You

With new auto loans, used auto loans, and refinance auto loans, Pen Air has affordable options to fit your needs!

Already a Member?

Get Pre-Approved Online

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

An insurance policy is a great way to prepare for the unexpected and avoid emptying emergency funds....
Read More

Prepare to Purchase Your Next Vehicle

To best prepare yourself, start with a money management plan to learn what you can afford for a down...
Read More

Shopping for Car Insurance

If you’ve gotten a lot of tickets for moving violations or filed a lot of accident claims in the p...
Read More
Feed bottom image

Ready, set, go.

Put Your Dreams in Motion
Get Pre-Approved

Go Where Life Takes You

With new auto loans, used auto loans, and refinance auto loans, Pen Air has affordable options to fit your needs!

Already a Member?

Get Pre-Approved Online
Give Us a Ring
1-877-473-6247
Our Friendly Staff Are Here to Help
Schedule an Appointment

Schedule an appointment

Do you want an in-person or virtual appointment?

In-Branch Appointment

Jump the queue and set aside time to address your financial priorities.

Book in-branch appointment

Virtual Appointment

Save the drive and meet with PenAir via phone or video.

Book virtual appointment

Specialty Appointments

For Wealth, Financial Counseling, and Mortgage Lending appointments, please follow the steps below.

Wealth Management

For help with retirement, rollovers, and portfolio management, call 850-505-3200 ext. 8332 to meet with a licensed Wealth Manager.

Financial Counseling

For help with your finances, schedule an appointment with a Financial Counselor.
Meet with a Financial Counselor

Mortgage Lending

For all Mortgage appointments, please call 850-505-3200 ext. 8360 or email the Mortgage Department.

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.

SVG linear gradient