Camaro bought with new car loan driving in Utah desert

New Car Loans

Drive away in your new car with a low rate


New Car Loan Financing

Get that new car you’ve been eyeing with low auto loan rates from Wasatch Peaks Credit Union. We serve members throughout various areas in Utah.


Financing Made Easy

Funding a new car isn’t easy—usually. With the right kind of financing, however, car shopping can be a breeze. Wasatch Peaks Credit Union offers new car loans that allow you to finance your ideal vehicle with numerous options and services.

Loan Benefits

Contact us to get started financing a new vehicle by either calling 801-627-8700 or applying online.

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*Monthly payment is an estimate and rounded to the nearest dollar amount. Does not include license, fees, or sales tax.
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SUV bought with new car loan

New Car Loan Rates

At Wasatch Peaks Credit Union, we offer some of the best new car loan rates in the state of Utah, with low fixed interest rates. This means you can pay off your car loan more easily and more quickly than car loans you’d get anywhere else.

36 months 48 months 60 months 72 months 84 months
RATES APR as low as
APR as low as
APR as low as
APR as low as
APR as low as
Friends driving in their car bought with new car loan

Start Driving Your Dream Car With A New Car Loan

If you’re ready to start shopping for a new car, contact our representatives at your local branch, or fill out an application online! We stand ready to guide you through every step of the process.


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New Car Loan Frequently Asked Questions


  • What’s considered a new car loan?

    A new car loan is a personal loan that’s used to finance a new vehicle bought fresh off the lot. A new car by this definition is one that hasn’t been owned by another person before. The most driving it has seen—if any—is some test driving from potential customers.

  • Why are new car loan rates cheaper than used?

    New cars depreciate at a much more predictable rate than used, and the types of buyers who opt for new vehicle purchases are often more reliable borrowers than those who tend to buy used. Because of those factors, new car loans usually have lower rates than used car loans.

  • Can I refinance a new car loan?

    Absolutely! If your credit or financial situation changed since you first purchased your vehicle, you can refinance for more affordable rates or payments, or even increase your monthly payment to pay off your vehicle faster.

  • Will a new car loan affect my credit score?

    It depends on several factors, but a new car loan can affect your credit score. On one hand, it will increase your credit utilization, which could cause a slight dip. On the other hand, making car payments on time will only build your credit in the long run, so it depends on how responsible of a borrower you are.

*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 subject to change based on vehicle loan-to-value and term. Limited time offer.