New Auto Loans

Pack it up, pack it in, let's go for a spin

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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!

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Get Pre-Approved Online

Experience the joy of a brand new ride

PenAir offers great new auto loan rates and flexible terms for when you want a new ride that will suite your individual lifestyle.

Get in a New Auto Loan with PenAir Credit Union

Whether you’re looking to buy a new or recent model vehicle, PenAir can help you get on the road fast with a pre-approval and competitive rates on new auto loans.

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Free, fast preapproval

Stroll into the dealership with the confidence of a cash buyer when you have new auto loan pre-approval from PenAir.

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Low interest rates

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

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No payment for up to 90 days

We’ll give you plenty of time to work your new car payment into your monthly budget.

We've got the keys to your new ride

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

New Auto Loan Rates

New Auto Loan Rates

Loan Type

Term up to

APR* 

Rates are effective as of January 30, 2024.

*APR=Annual Percentage Rate. Rates vary based on the evaluation of an applicant’s credit and the loan term. 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

New Auto/Truck

Term up to

48 - 84 months

APR* 

4.99% to 17.99%

Auto Loan Calculators

Need a little more information?

Maybe you’ll find what you’re looking for here.

At PenAir Credit Union, there are three ways to apply for an auto loan: an online application, by phone when you call 850.505.3200, or in person at your local branch.

Many experts recommend putting at least 20% down on a new car (just like a mortgage) and 10% on a used car. But if you can pay more upfront, that could lower your monthly payments down the road (see what we did there?).

Depending on multiple factors, such as credit score, some consumers may qualify for financing of 84 months of a seven-year term or more.

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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
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1-877-473-6247
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Disclosures

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. New 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.

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