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Auto Purchase

Buying a new car should be fun

That's why we offer simple financing for your new or used vehicle. Whether you need a pre-approval before you shop, or have your dream car picked out, get competitive rates, an easy application process, and quick approvals. Plus, you'll always enjoy up to 90 days no payment1. Sandia Area members saved over $2.84 million this past year in auto loans.*

Rates start at 1.89% APR2

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New and Used Auto Loan Rates
Effective Date: 03/10/2021 for vehicle model years 2018-2021
Term in MonthsAPR2 as low as
1-36 1.89%
37-48 2.24%
49-66 2.24%
67-75 2.59%
76-84 2.79%


Financing at the Dealership

For your convenience we offer vehicle financing at participating dealerships. Request the dealer finance your loan using Sandia Area, and receive the same great rate as if you applied directly through the Credit Union. 


*When compared to national averages for rates at banks and credit unions, members who’ve purchased or refinanced an auto loan with Sandia between February 2020 and January 2021 have saved over $2.84M in interest costs alone. National average rates February 2020 and January 2021 from Bankrate.com via statista.com. All loans, terms, and conditions subject to credit approval. Sandia Area membership required for all loans. Other rates, terms and model years available. 1. Interest accrues during deferral period. 2. Annual Percentage Rate (APR) effective as of  03/10/2021. Rates are subject to change at any time without notice. "As low as" rate assumes excellent credit history. Not all applicants will qualify for lowest rate. Actual interest 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.

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