Auto Loan Rates

TermAPR
60 Months2.574%
48 Months2.594%
36 Months2.125%
  • Rates are current as of June 12, 2013.
  • Rates are effective as of April 29, 2013.
  • Rates are subject to change without notice.
  • APR is defined as Annual Percentage Rate.
  • The quoted APR for each term shown assumes a $15,000 loan amount, as well as loan fees of $29.74 included in the calculation for customers with an existing bank relationship. Higher loan fees may apply for customers without an existing bank relationship.
  • A $15,000 loan with a 5 year term on 2011-2013 vehicles would have 60 monthly principal and interest payments of $266.70.
  • The quoted rates assume the customer has a credit score of 740 or better and an existing EDSB relationship. More rates are available for lower credit scores. Please contact a bank representative for rate information.
  • Automobiles older than 10 years will qualify for a 1 year term only.
  • The 60 month APR of 2.574% is available for vehicles 2011 and newer only.