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Auto Loan

Get on the road with new wheels and great rates and terms to fit your budget.

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Or call 1-800-621-2105

Auto Loan Interest Rate  APR  Monthly Payment Loan Term (Months)
2024 and Newer 6.49% 6.88% $716.65 48
2020-2023 6.94% 7.33% $722.93 48
2017-2019 7.69% 8.08% $733.49 48
2016 and older 11.44% 11.84% $787.66 48

Rates effective November 13, 2024, subject to change without notice. Each individual’s Annual Percentage Rate (APR) is determined by Elements' underwriting criteria. Not all applicants will qualify for the displayed lowest rate. A documentary fee of $225 applies to all booked auto loan applications. APR calculation and example monthly payments in Auto Loan rate table based on loan amount of $30,000, FICO® score of 730 or greater, and term of 48 months. Rate includes 0.25% reduction for Preauthorized Transfer from an Elements checking account. Rate reduction is subject to increase if the Preauthorized Transfer is discontinued. Additional conditions may apply. Subject to credit approval. Payments shown do not include taxes or insurance premiums. Please call for rates for terms other than 48 months. Private party sales outside of Indiana and non-franchise dealerships (Carvana, Enterprise, etc.) are not available for financing at Elements Financial.

More Disclosure

Auto Loan

Loans available for both new and used vehicles.

KEY FEATURES

  • Rates as low as 6.88% APR1
  • Finance up to 120% of your car’s value including tax and license
  • Good toward new or used vehicle purchases
  • Auto loan refinancing2 also available
  • Flexible terms to fit your budget
  • Various loan and asset protection programs

APPLY IN MINUTES

  • Closings typically in as quick as one business day

Get Preapproved

We started with just the credit card and savings accounts, but now we also have our checking and both of our cars financed through Elements. I don’t think we could go back to working with a normal bank again.

- Brandon S. | Member since 2017

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Results

  1. 1 Rates effective November 13, 2024, subject to change without notice. Each individual’s Annual Percentage Rate (APR) is determined by Elements' underwriting criteria. Not all applicants will qualify for the displayed lowest rate. A documentary fee of $225 applies to all booked auto loan applications. APR calculation and example monthly payments in Auto Loan rate table based on loan amount of $30,000, FICO® score of 730 or greater, and term of 48 months. Rate includes 0.25% reduction for Preauthorized Transfer from an Elements checking account. Rate reduction is subject to increase if the Preauthorized Transfer is discontinued. Additional conditions may apply. Subject to credit approval. Payments shown do not include taxes or insurance premiums. Please call for rates for terms other than 48 months. Private party sales outside of Indiana and non-franchise dealerships (Carvana, Enterprise, etc.) are not available for financing at Elements Financial.
  2. 2 Elements Financial refinances subject to $200 refinance fee.
  3. 3 Based on asset size as of 12/31/2022.