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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 - 36 months | 8.00% - 8.25% |
| New | 48 months | 8.25% - 8.50% |
| New | 60 months | 8.50% - 8.75% |
| New | 72 months | 8.75% - 9.00% |
| Up to 4 Years Old | 24 - 36 months | 8.25% - 8.50% |
| Up to 4 Years Old | 48 months | 8.50% - 8.75% |
| Up to 4 Years Old | 60 months | 8.75% - 9.00% |
| Up to 5 Years Old | 24 - 36 months | 8.50% - 8.75% |
| Up to 5 Years Old | 48 months | 8.75% - 9.00% |
| Up to 5 Years Old | 60 months | 9.00% - 9.25% |
| 6 Years Old | 24 - 36 months | 9.50% - 9.75% |
| 6 Years Old | 48 months | 10.00% - 10.25% |
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)