It's all thanks to our special rates - as low as 1.49% APR*.
With ALEC, you'll also enjoy instant online loan approvals, easy repayment methods and financing up to 115% of the retail value of the vehicle.
Already have an auto loan with another lender? Refinance it with ALEC and save.
Our special rates are good only through April 30, 2018. So, don't kick yourself later. Apply right now at alecu.org or through the ALEC mobile app. Or visit any ALEC Service Center or call 800.762.9988.
*APR = Annual Percentage Rate. The advertised APR, available through 4.30.2018, is reserved for qualified individuals and applies to new and used vehicles for terms to 36 months. APR for new vehicles applies to 2017-18 models with under 5,000 miles. APR for used vehicles applies to 2011-16 models with over 5,000 miles. The advertised APR reflects a 0.25% APR discount. Members who are new to ALEC automatically earn the 0.25% loan discount when they apply for a loan within the first 60 days of membership. Members who are not new automatically earn the loan discount when they already have a loan from ALEC. Members not new to ALEC who don't meet the above criteria earn the 0.25% discount with $500 monthly direct deposit into an ALEC Checking account and enrollment in E-Statements. Your actual APR depends on credit history, term and other factors. Rates subject to change without notice. All loans subject to credit approval. Special 1.49% APR is not available to refinance existing ALEC auto loans. Payment example: A $20,000 loan with a 36-month term and 1.49% APR would have 35 payments at $568.44 and a final payment of $568.13.