Auto Loans

Auto Loans in Iowa

Making a large purchase, such as a car, is a big decision—that’s why Financial Plus is here to help you make the right decision financially with your auto loan. Auto loans let you borrow the money you need to purchase a car. Since car loans are considered “secured,” they require you to use the automobile you’re buying as collateral for the loan. Because auto loans are secured, they tend to come with lower interest rates. At Financial Plus, we guarantee always low rates! Let Financial Plus find you the best auto loan in Iowa! 

We're Rollin' in Low Rates!

Finance or refinance your auto loan at FPCU and make NO payments for 90 days + get a rate as low as 1.99% APR*. Apply now!

NEW members to Financial Plus Credit Union always qualify for our lowest rate of 1.99% APR with approved credit!* 

*APR = Annual Percentage Rate. Rates and loan approval subject to creditworthiness. Interest will accrue until the first payment is made. Rates and terms subject to change without notice. Equal opportunity lender. Federally insured by the NCUA. See credit union for additional details.

Apply online to finance or refinance your auto loan today!

Not ready to apply? Call our loan hotline at 515-699-3380, or send us an email. We would be happy to answer any questions you have!

At Financial Plus, we can get you into that new (or new to you) vehicle with competitive rates and terms to fit your budget. 

  • Borrow up to 100% of the purchase price on new or used vehicles.

  • Competitive interest rates with the possibility of additional discounts.

  • Repayment term for up to 84 months for new and 72 months for used.

  • Protection options available such as Guaranteed Asset Protection, Mechanical Repair Coverage and Credit Life and Credit Disability. 

  • No prepayment penalties.

And if you already have an auto loan somewhere else, give us a call. We may be able to save you some money by refinancing your loan!

Auto Loan Rates

Effective as of March 1, 2021.

APR* as low as Terms (Months)
2017 Model Years & Newer
1.99% 48 Months
1.99% 66 months
2.99% 78 months
3.99% 84 months
2012 - 2016 Model Years
3.74% 48 months
4.24% 60 months
4.99% 72 months

*Annual Percentage Rate (APR) based on product, term and credit.
**All auto loans 2011 and older are financed at the personal loan rates.
***Promotion valid on NEW auto loans to FPCU only. All loans subject to approval. Terms and conditions may apply.

Repayment example = For a $20,000 loan for a term of 60 months with a 4.24% APR, the monthly payment would be $371.

Your purchase of MEMBER’S CHOICE® Credit Life and Credit Disability Insurance, underwritten by CMFG Life Insurance Company (Home Office: Waverly, IA), is optional and will not affect your application for credit or the terms of any credit agreement required to obtain a loan.  Certain eligibility requirements, conditions, and exclusions may apply.  Please contact your loan representative or refer to the Group Policy for a full explanation of the terms. Base Policy Nos. CI-MP-POL, CI-SP-POL, B3a-830-0996, B3a-800-0695, B3a-800-0288, CI-MP-CE-POL; CI-MP-OE-CC-POL; CI-MP-OE-POL; B3a-800-0992.