Loan rates

Loan Rates

New and Used Vehicles 2024-2019
Term	Rate	APR*
36	4.99%	4.99%
48	5.49%	5.49%
60	6.00%	6.00%
72	6.29%	6.29%
84 (on vehicles $40,000+ only)	6.79%	6.79%

Used Vehicles 2018-2014
Term	Rate	APR*
36	6.49%	6.49%
48	6.99%	6.99%
60	7.24%	7.24%

Used Vehicles 2013-2010**
Term	Rate	APR*
36	7.54%	7.54%
48	7.79%	7.79%

Recreational Vehicles 2023-2016
Term	Rate	APR*
36	5.49%	5.49$
48	5.79%	5.79%
60	6.29%	6.29%
72 (Over $25,000)	6.39%	6.39%
73-120 (Over $25,000)	6.74%	6.74%
180 (Over $40,000)	7.74%	7.74%

Recreational Vehicles 2015 & Older
Term	Rate	APR*
36	6.09%	6.09%
48	6.29%	6.29%
60	6.89%	6.89%
72	7.14%	7.14%

*APR=Annual Percentage Rate. Rates and terms based on approved credit, FICO Score and loan type. Automatic payment enrollment applicable from any Carpenters or other financial institution checking account.
¹84 month term requires the vehicle to be 2017 and newer and the loan amount needs to be over $40,000.

²73-120 month term requires the vehicle to be 2014 and newer and the loan amount needs to be over $25,000.

³121-180 month term requires the toy to be 2014 and newer and the loan amount needs to be over $40,000.