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!
Current Promotion:
95th Anniversary Auto Deal - Receive 0.95% off your qualified rate!*
Bring your auto loan to Financial Plus Credit Union and you can receive 0.95% of your qualified rate as we round out our 95th year! Not available to be combined with other promotions, terms and conditions apply. Must be new auto loan to Financial Plus Credit Union
At Financial Plus, we can get you into that new (or new to you) vehicle with competitive rates and terms to fit your budget.
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Borrow up to 100% of the purchase price on new or used vehicles.
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Competitive interest rates with the possibility of additional discounts.
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Repayment term for up to 84 months for new and 72 months for used.
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Protection options available such as Guaranteed Asset Protection, Mechanical Repair Coverage and Credit Life and Credit Disability.
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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!
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!
Auto Loan Rates
Effective as of November 1, 2024
| APR* as low as | Terms (Months) |
|---|---|
| 2021 Model Years & Newer | |
| 4.99% | 48 Months |
| 5.24% | 66 months |
| 5.49% | 78 months |
| 5.74% | 84 months |
| 2017 - 2020 Model Years | |
| 5.99% | 48 months |
| 6.24% | 60 months |
| 6.49% | 72 months |
| 2013 - 2016 Model Year | |
| 6.49% | 48 months |
| 6.74% | 60 months |
| 6.99% | 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 5.99% APR, the monthly payment would be about $391.
