We also aim to make the refinancing process as painless as possible. If you choose to refinance with us, we'll prepare your loan documents and pay off your current loan balance with your previous lender.
When you finance with Wasatch Peaks, you’re sure to get the best auto loan rate in Utah. We provide plenty of options to help you buy your next car, truck, or SUV with ease. You could be in and out with your new or used auto loan in the same day.
Choosing our auto loan products and services could be your first step toward monthly savings. Here's how:
Every Wasatch Peaks Credit Union car loan offers low rates and flexible terms based on your credit history and several other factors.
With our competitive rates, you could be eligible for a lower interest rate. A lower rate means more money goes toward the actual cost of your vehicle, and less goes into your lender's pockets.
Lower interest costs could decrease your total monthly payments. Both first-time and experienced car buyers can appreciate lower monthly bills.
Or perhaps your financial situation has changed since you took out your original loan. If that's the case, you can renegotiate the terms of your loan by refinancing with us.
Whatever your situation, by lowering your monthly payments, you'll have more money in your budget each month.
With more competitive terms and a monthly repayment schedule that fits your budget, you could get out of debt quicker than you expected. With faster ways to pay off your full loan amount, you'll be on your way to saying goodbye to your monthly payments altogether. Use our car loan calculator to calculate loan payments.
Auto Loans: *Annual Percentage Rate (APR). On Approved Credit (OAC). This is our best rate; your rate may be different depending on credit history and underwriting criteria. Rates are subject to change based on vehicle loan-to-value and term. Limited time offer.
Recreational Loans: *Up to 180-month terms available on RV loans and up to 84-month terms available on Boat, ATV/ UTV, Motorcycle, and Snowmobile loans.
If your car loan is with another lender, Wasatch Peaks Credit Union can still help you lower your monthly payments and save money on interest. We offer up to 100% financing of another lender's loan balance, improved loan terms, and lowered monthly payments.
If this your first auto loan, it's important to understand the basic principles of how this financial transaction works.
Here are the basic steps:
If this is your first time purchasing a vehicle, check out our First Time Auto Buyer Program to see if you qualify for competitive auto financing rates.
Several components can influence your interest rate. Both lenders and car dealerships consider these factors when calculating your interest rate.
Understanding current interest rates is an important part of the car-buying process. Make sure you can recognize a competitive rate before walking into a car dealership.
Getting a pre-approved loan from a financial institution helps you better focus on what you're trying to do: buy a car.
With a pre-approved loan, you'll be able to:
You can always ask a dealer to match your loan rate and terms or to offer you a more competitive loan. But with a pre-approved loan from Wasatch Peaks Credit Union, you'll at least have some loan research under your belt.
At Wasatch Peaks Credit Union, we'll work with you to make sure you receive the car loan that's right for your situation. Whether you're a first-time buyer or a vehicle owner looking to refinance, we can help. With our competitive rates and flexible repayment options, you'll be on the road to savings in no time.
If you still have questions about our auto loan options, fill out our form below to talk to one of our customer service representatives. Or if you're convinced that we offer the most competitive loan rates in Utah, apply for a loan online now.Get Answers
*Annual Percentage Rate (APR). On Approved Credit (OAC). This is our best rate; your rate may be different depending on credit history and underwriting criteria. Rates are subject to change based on vehicle loan-to-value and term. Limited time offer.