Ready to buy a car or motorcycle? Finance it with Northern: We’ll satisfy your need for speed—and savings.
To get started simply:
Learn more about the insurance requirements we have for auto & motorcycle loans, and an online proof of insurance submission portal.
| Rates as low as | Term | Sample Payment |
|---|---|---|
| 6.49% Fixed APR | 48-months | $592.76 |
| 6.75% Fixed APR | 60-months | $492.09 |
| 6.99% Fixed APR | 72-months | $426.18 |
| 7.49% Fixed APR | 84-months | $383.41 |
Vehicles older than 2018 will receive personal loan rates. The annual percentage rate is the advertised rate and can vary based on creditworthiness, age of vehicle, and terms of the loan. Contact Northern Credit Union for specific details. Rates are accurate as of 2/26/2024. Sample payments based on $25,000 loans respectively at the maximum term allotted for that balance. Rates are subject to change.
No credit history? No problem with the NEXT auto loan. Designed just for young adults as part of our NEXT Banking package, we look at what you have done, not what you haven’t. Then we’ll help you get flexible terms, a competitive rate, and the chance to build a positive credit history.
To get started simply:
To qualify, you must complete the online Credit Matters course, which takes less than 15 minutes. Simply create an account and choose BalanceTrack, then Credit Matters.
| Rates as low as | Term |
|---|---|
| 8.99% Fixed APR** | Up to 60 months |
*APR = Annual percentage rate. Includes a ¼ percentage point discount for payment through automatic transfer from a Northern checking account. The monthly payment for a $12,500 NEXT auto loan at 8.99% APR would be $311.02. Rate quoted is with a cosigner. Rate without a cosigner is as low as 12.99% APR. Ask about our Loan Life and Disability protection, GAP coverage and Auto Insurance.
**Includes sales tax, license and warranty.
*** Payments are considered “on time” when they are made within 30 days of the loan’s due date. If there are any late payments made on the loan then eligibility for this payment incentive program will be void.
Membership required. Rates accurate as of 11/24/2023.
Loan rates and terms are determined by each individual’s credit history, underwriting factors, and loan-to-value and are subject to change without notice. Applications are subject to credit approval.*Residual Value and **Guaranteed Future Value (GFV): The residual is the projected value of the vehicle at loan maturity. Our program guarantees this residual – we call it the “Guaranteed Future Value.” If your vehicle is worth less than what you owe on your loan at maturity, you can turn the vehicle in and “walk away.” Or you can keep the vehicle and refinance the loan balance (including residual value) as a used vehicle loan.