Beginning at 7pm on Saturday, November 16th, PyraMax Bank will be performing a system update which will end Sunday, November 17th at approximately 1pm. During this time, all systems will be unavailable including Online Banking, Mobile Banking, and all ancillary services (Bill Pay, Zelle, Mobile Deposit, etc.). Please note that your debit cards will still be active and available for use.
Buckle Up!
PyraMax Bank’s car loans are equipped with custom term options and a speedy application process. Term options range anywhere from 2 to 6 years, depending on the age of the vehicle. We also offer pre-approvals. With our car loans, you can avoid closing costs and make a down payment as low as 10%.
Car Loan Details
- Term: 2 to 6 years
- Loan limits: 90% of the Kelley Blue Book (KBB) value or 90% of the purchase price (whichever is lower)
- Payments: monthly
- Automatic payments: available
- Title: DMV documentation will be provided on vehicles purchased from a dealer; same documentation must be presented and signed by seller for private purchases
New & Used Vehicle Loan Features
- Monthly payment options: customized to fit your budget
- Interest rate: fixed (interest rate may vary from the stated rates based on credit approval)
- Payment date: choose a date that fits your schedule
- Down payment: subject to credit approval
Car Loan Rates
| Model Year | Loan Term | APR* |
|---|---|---|
| New | 24 - 72 months | 9.00% - 10.00% |
| Up to 4 Years Old | 24 - 60 months | 9.25% - 10.00% |
| Up to 5 Years Old | 24 - 60 months | 9.50% - 10.25% |
| 6 Years Old | 24 - 48 months | 10.50% - 11.25% |
Loan Calculator
What You Will Need for a Car Loan
- Most recent W-2s
- Most recent paystub
- Copy of driver’s license or ID
- Last two years of tax returns (if self-employed or own rental property)
- Current awards letter from Social Security (if applicable)
- Proof of pension or retirement income (if applicable)
- 1099 forms (if applicable)