auto loans
Flexible terms, fast approval, excellent service, and great low rates.
At ALEC, our team is dedicated to lending a hand to our members to make the process of obtaining a new car loan as easy as possible. Whether you are somewhat of a fanatic about the vehicle you drive, or someone who simply appreciates a dependable mode of transportation, ALEC has an auto loan that will make you happy. Looking for a great auto loan? Ours comes loaded with these standard features:
- Competitive interest rates on cars and trucks, new and used.
- Rapid approval notification when you apply online.
- Up to a 0.50% discount off our current rates.2
- Flexible terms up to 84 months.
- No prepayment penalty.
- Up to 125% financing of the value of new and used autos.
- Easy methods for monthly payments — via online, automatic withdrawal, telephone, and mail.
- 24/7 online and phone support.
What Can We Help You With?
Easy Loan Application Process
Skip lengthy dealership paperwork and shift your gears into savings by using our online loan applications. Getting new car loan pre-approval with ALEC is as easy as 1-2-3:
Step | Apply OnlineGet the loan process started by submitting an online application. |
Step | Complete Your Loan DocumentsOnce you have your purchase agreement, we will help you finalize your loan documents. |
Step | Get a Loan CheckYou are all set to make your purchase. |
Auto Loan Rates
ALEC is proud to provide outstanding rates and term lengths to all members of our banking family.
Type | Loan Terms | APR* as low as 2 |
---|---|---|
New Auto Loans 3,4 2024-2025 less than 5,000 miles | Up to 36 months | 4.49% |
48 months | 4.99% | |
60 months | 5.24% | |
72 months | 5.49% | |
84 months | 5.99% | |
Used Auto 3 2018-2023 and 2024-2025 with over 5,000 miles | Up to 36 months | 5.24% |
48 months | 5.49% | |
60 months | 5.74% | |
72 months | 5.99% |