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

New and used auto loan rates table
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)