At La Capitol, we strive to get you the best auto loan rate you qualify for – not the highest rate you'll accept. That means if you find your dream car, we’ll help to get you a payment that fits within your budget.
New Vehicle - 2020 and Newer Model Years
Auto, Van, Truck and Program Car3
| New Vehicle - 2020 and Newer Model Years | Effective Date: 09/21/23 |
|---|---|
| Term (up to) | APR As Low As |
| 1 to 36 Months | 5.99% |
| 37 to 48 Months | 5.99% |
| 49 to 60 Months | 6.29% |
| 61 to 66 Months1 | 6.29% |
| 67 to 75 Months1 | 6.39% |
| 76 to 78 Months2 | 6.54% |
| 79 to 84 Months2 | 6.84% |
1Available on amounts $15,000 & above. Certain conditions apply.
2Available on amounts $30,000 & above. Certain conditions apply.
3With our Relationship Discounts, whenever you establish a new qualifying loan, you’ll enjoy a 0.05% discount on your loan rate, up to a maximum of 0.25%, when you currently have one or more of the following La Cap products and/or elect payment protection services: Credit Life, Credit Disability, Visa (all types), IRA and Certificate of Deposit. La Cap membership is required. The Relationship Discount product and services listed above are each valued at a 0.05% discount. This discount is reduced from your qualified base loan rate. If you have one of La Cap’s existing loan products or select credit life or credit disability, you will qualify for 0.05% discount. A combination of two products = 0.15% discount. A combination of 3 or more products = 0.25% discount. Contact a La Capitol FCU representative for complete details. Relationship Discount terms and conditions are subject to change.
Used Vehicle - 2019 and Older Model Years
Auto, Van and Truck1
| Used Vehicle - 2019 and Older Model Years | Effective Date: 09/21/23 | |
|---|---|---|
| APR As Low As | APR As Low As4 | |
| Term (up to) | 2016-2019 Model Years | 2015 and Older Model Years |
| 1 to 36 Months | 6.99%2 | 8.99%3 |
| 37 to 48 Months | 6.99%2 | 8.99%3 |
| 49 to 60 Months | 7.29%2 | 9.29%3 |
| 61 to 66 Months | 7.29%2 | 9.29%3 |
| 67 to 75 Months | 7.39%2 | --- |
1With our Relationship Discounts, whenever you establish a new qualifying loan, you’ll enjoy a 0.05% discount on your loan rate, up to a maximum of 0.25%, when you currently have one or more of the following La Cap products and/or elect payment protection services: Credit Life, Credit Disability, Visa (all types), IRA and Certificate of Deposit. La Cap membership is required. The Relationship Discount product and services listed above are each valued at a 0.05% discount. This discount is reduced from your qualified base loan rate. If you have one of La Cap’s existing loan products or select credit life or credit disability, you will qualify for 0.05% discount. A combination of two products = 0.15% discount. A combination of 3 or more products = 0.25% discount. Contact a La Capitol FCU representative for complete details. Relationship Discount terms and conditions are subject to change.
2Available on amounts $15,000 & above. Certain conditions apply.
3Available on amounts $7,500 & above. Certain conditions apply.
Guaranteed Asset Protection
Due to depreciation, it is possible that there will be a time when you realize that you owe more on your car than what it is worth. If you were to get in an accident when you owe more than the worth of your car, you could find yourself in a difficult situation, such as owing damages or suffering a total loss.
GAP Plus from La Cap will help cancel the difference between what you owe and the amount your insurance company pays, sometimes paying off the balance. Cost is a one-time fee of $600 for autos; $600 for ATV, jet skis and motorcycles; $600 for boats; and $600 for RVs. GAP Plus can be financed with your vehicle loan at the time of purchase or added anytime during the life of the loan. A 90-day trial is available.
GAP Plus Provides...
- All risk protection for new and used vehicles financed through La Cap.
- Protection for the term of your loan, up to 84 months.
- Protection to vehicles valued up to $100,000 at time of purchase.
- Benefits paid up to $50,000.
- Payment of your deductible, up to $1,000.
- $1,000 toward the purchase of a new vehicle if you finance your new vehicle purchase through La Cap within 6 months of your primary insurance paying the claim.
Your purchase of MEMBER’S CHOICETM Guaranteed Asset Protection 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 Member Agreement for a full explanation of the terms of MEMBER’S CHOICE Guaranteed Asset Protection (GAP). If you choose GAP, adding the product fee to your loan amount will increase the total cost of your loan.
Disclosures
1 APR = Annual Percentage Rate. Offer available to qualified creditworthy members. With our Relationship Discounts, whenever you establish a new qualifying loan, you’ll enjoy a 0.05% discount on your loan rate, up to a maximum of 0.25%, when you currently have one or more of the following La Cap products and/or elect payment protection services: Credit Life, Credit Disability, Visa (all types), IRA and Certificate of Deposit. La Cap membership is required. The Relationship Discount product and services listed above are each valued at a 0.05% discount. This discount is reduced from your qualified base loan rate. If you have one of La Cap’s existing loan products or select credit life or credit disability, you will qualify for 0.05% discount. A combination of two products = 0.15% discount. A combination of 3 or more products = 0.25% discount. Contact a La Capitol FCU representative for complete details. Relationship Discount terms and conditions are subject to change.
New Vehicle Loans are subject to approval. Membership is required and subject to approval. Membership requires $5.00 par balance in a primary savings account. APR = Annual Percentage Rate. New vehicle rates apply to model year 2020 and newer. Not everyone will qualify for the lowest rate available. Loan approval, rates, loan to value (LTV), and terms are based on certain credit criteria and worthiness. Model year, LTV, relationship discount(s), and adding payment protection may change the rate, payment, and term. Payment Example: A loan amount of $25,000 for 67 months at 5.79% APR has an estimated monthly payment of $437.65. The minimum auto loan amount is $7,500. Interest will continue to incur with any deferment of payment(s) during the life of the loan and may result in an increased APR for the statement cycle(s) of the deferred payments. Other restrictions may apply. Contact a La Cap representative for details.