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SCAM ALERT: Sandia Area members are continuing to report fraudulent phone calls and text messages from people claiming to be Sandia Area member representatives. This includes spoofed phone numbers which appear to originate from Sandia Area. Please be aware that Sandia Area will NEVER initiate a phone call or text message asking for your online banking credentials or to request a transfer of funds. Learn more ► 

Auto Loans

We Make Financing Your New or Used Car Simple

Want to get pre-qualified before you start car shopping, or already found a vehicle you want to purchase? We offer competitive rates, an easy application process, and quick approval.

          Apply now for vehicle loan  


New and Used Auto Loan Rates
Effective Date: 03/10/2021 for vehicle model years 2018-2021
Term in MonthsAPR1 as low as
1-36 1.89%
37-48 2.24%
49-66 2.24%
67-75 2.59%
76-84 2.79%

Sandia Area membership required for all loans. Other rates, terms and model years available.

1. APR=Annual Percentage Rate effective as of 03/10/2021. Rates are subject to change at any time without notice. All loans, terms, and conditions are subject to credit approval. “As low as” rate assumes excellent credit history. Not all applicants will qualify for the lowest rate. Actual interest rate charged is based on credit history, age of the vehicle and terms of the loan, which can only be determined upon receipt of application. All consumer loans are charged simple interest with no pre-payment penalty. Up to 100% financing available for qualified applicants. 2. Payment example based on $28,000 loan and maximum term.

 

*When compared to national averages for rates at banks and credit unions, members who’ve purchased or refinanced an auto loan with Sandia between January and October 2020 have saved over $2.4M in interest costs alone. National average rates January through October 2020 from Bankrate.com via statista.com

 

Save Money By Refinancing Your Existing Auto Loan

Already have your vehicle financed elsewhere? Save money by moving your auto loan to Sandia Area. Conveniently and quickly refinance your vehicle online or over the phone, from the comfort of home.

  • No payments for 90 days1?— think of all the ways you can spend the extra cash
  • No refinance charge

Refinance Now ?


Auto Refinance Rates
Effective Date: 04/01/2021 for vehicle model years 2018-2021
Term in MonthsAPR1 as low as
1-36 1.65%
37-48 1.65%
49-66 2.24%
67-75 2.49%
76-84 2.59%

Sandia Area membership required for all loans. Other rates, terms and model years available.

1. APR=Annual Percentage Rate effective as of 04/01/2021. Rates are subject to change at any time without notice. All loans, terms, and conditions are subject to credit approval. “As low as” rate assumes excellent credit history. Not all applicants will qualify for the lowest rate. Actual interest rate charged is based on credit history, age of the vehicle and terms of the loan, which can only be determined upon receipt of application. All consumer loans are charged simple interest with no pre-payment penalty. Up to 100% financing available for qualified applicants.


*When compared to national averages for rates at banks and credit unions, members who’ve purchased or refinanced an auto loan with Sandia between January and October 2020 have saved over $2.4M in interest costs alone. National average rates January through October 2020 from Bankrate.com via statista.com More terms and rates available. 1. Interest accrues during deferral period.

Calculate Your Loan Payment

Looking to purchase or refinance a vehicle?

 
 
*When compared to national averages for rates at banks and credit unions, members who’ve purchased or refinanced an auto loan with Sandia between January and October 2020 have saved over $2.4M in interest costs alone. National average rates January through October 2020 from Bankrate.com via statista.com
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505-256-6063