Why TruWest
A Better Auto Loan is Here
Auto
Put yourself in the driver's seat with our low-rate auto loans. Whether you're looking to purchase a new or used car or just want to refinance to a better monthly payment, TruWest has the lower rates and great terms you want.
- Low rates
- Financing available for new or used purchases or refinance
- Up to 90-days before first payment1
- Quick approvals
Next Step
View Rates & FeesRates & Fees
Determine Your Costs
New/Used Auto
| Terms (Months) | APR* |
|---|---|
| 49 - 63 | 5.62% - 18.03% |
| 64 - 75 | 6.08% - 10.50% |
| 76 - 84 | 6.93% - 11.25% |
*Rates after 0.25% discount
Auto Disclosures
*APR=Annual Percentage Rate. On approved credit and up to 18.03% financing on New/Used Auto purchases and refinances from another institution, for a maximum 84-month term, and includes a 0.25% discount for auto transfer payment (Auto Transfer Payment). Rate subject to increase if Auto Transfer Payment is discontinued. As an example, monthly payments at 6.93% APR for an 84-month term are estimated at $15.06 per $1,000 borrowed. “New Auto” means the current and prior model year with less than 30,000 miles. “Used Auto” means the current and prior model year with 30,000 or more miles, and any earlier (older) model regardless of mileage. This offer may be valid for private party (person to person) purchases. Subject to change. Rates effective as of January 27, 2023.
Next Step
View CalculatorCalculator
Calculate Your Payment
Auto Loan Calculator Help
Use this calculator to calculate loan details when the down payment is expressed as an amount.
Unlike a general loan calculator, this calculator allows for two unknown values. In addition to solving for the monthly payment amount, it will also calculate the "Car Price", the "Down Payment Amount" or the "Loan Amount". Just enter a "0" (zero) for one of the three values and provide the other two.
Note that the calculator calculates what percentage the down payment is of the price of the car. This is handy when a lender requires a borrower to provide a minimum percentage cash deposit.
The term (duration) of the loan is expressed as a number of months.
- 60 months = 5 years
- 120 months = 10 years
- 180 months = 15 years
- 240 months = 20 years
- 360 months = 30 years
If you need the ability to print the amortization schedule, or more flexibility such as selecting different payment or compounding frequencies or the ability to calculate term or interest rate, please see the auto loan calculator here: https://financial-calculators.com/auto-loan-calculator
Currency and Date Conventions
All calculators will remember your choice. You may also change it at any time.
Clicking "Save changes" will cause the calculator to reload. Your edits will be lost.
The information provided by these calculators are approximations and is intended for illustrative and general educational purposes only. This is not an illustration of current TruWest Credit Union products and offers. Accuracy is not guaranteed. Be sure to consult a financial professional prior to relying on the results. Programs, rates, costs, fees, restrictions, terms & conditions are subject to change without notice.
Next Step
View FAQsFAQs
Frequently Asked Questions
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Do I need to be a member of TruWest to get an auto loan?
Answer:
Yes. A membership is required if you are approved for the loan.
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Can I qualify for a loan with Social Security or investment income?
Answer:
You may be able to qualify for a TruWest loan with Social Security or investment income. Click a loan type under “LOANS” at the top of the page to apply, or call 1-855-878-9378.
Next Step
View Next StepsNext Steps
As easy as 1, 2, 3
How to Apply for a TruWest Auto Loan
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1
Apply
Whether you’re purchasing a new/used vehicle or interested in refinancing your current one, apply online, at a branch or by phone at 1(855) 878-9378 -
2
We'll Contact You
A TruWest representative will respond via phone or email within 24 hours -
3
Check Your Email
If approved, you will receive a pre-approval certificate via email along with additional instructions -
4
Setup an Appointment
Once you choose your new/used car or are ready to refinance, submit the required documents and set up your loan closing appointment
Note: Membership can be opened at the time of loan closing
190-day without payment option is available and must be elected at signing. Interest and any finance charges begin accruing upon loan disbursement date and continue to accrue for the life of the loan. Existing TruWest® Credit Union loans are not eligible. Must be a TruWest member with a minimum deposit of $5. All loans are subject to credit qualification & approval. No other discounts apply. Additional terms, conditions, or restrictions may apply. Programs, rates, terms and conditions are subject to change without notice.