Credit union · NCUA insured
Hope Credit Union Auto Loan Rates
Hope Credit Union auto loans start at 7.17% APR for a new vehicle and 8.18% for a used one. Rates checked October 22, 2026.
How Hope Credit Union’s auto loan rates compare
Compared with banks and credit unions near Memphis, TN-MS-AR, where Hope Credit Union has the most branches. New vehicle, lowest advertised APR first.
This credit union’s lowest
Hope Credit Union
7.17%APR
- Terms
- up to 60 months
- Up to
- 18.00% APR
- Discount
- None included
New Vehicle Loan
Lowest rate
SecurCommunity Federal Credit Union
3.90%APR
- Terms
- 1–60 months
- Up to
- —
- Discount
- None included
2nd-lowest rate
Orion Financial
3.95%APR
- Terms
- up to 84 months
- Up to
- —
- Discount
- Included in the rate
Hope Credit Union auto loan score
61
Auto loan score
Higher than 3% of U.S. banks and credit unions
- New vehicleNew7.17%
- Used vehicleUsed8.18%
Each track runs from the highest to the lowest rate among U.S. banks and credit unions; the dot is this rate.
Where Hope Credit Union ranks
By auto loan score, in each area where it has branches
Every rate
Current auto loan rates
Rates from the credit union’s website. Most are “as low as” rates for the best credit; yours depends on your credit, the term and the vehicle.
New Vehicle Loan
Loans subject to approval. Advertised 'as low as' APRs assume excellent credit history; actual APR based on credit history, model year, term, and loan amount. Vehicles up to 2 years old. Up to 100% financing. Repayment up to 7 years.
| Terms | APR | Conditions |
|---|---|---|
| up to 60 months | 7.17%–18.00% | Term up to 60 months. Advertised interest rate as low as 6.75% (7.171% APR) and no more than 18.00% APR. For vehicles up to 2 years old. |
| 61–72 months | 8.75%–18.00% | Term 61-72 months. Available for vehicles up to 3 years old and loan amounts of at least $20,000. Up to 18.00% APR. |
| 73–84 months | 9.57%–18.00% | Term 73-84 months. Available for vehicles up to 2 years old and loan amounts of at least $50,000. Up to 18.00% APR. |
| up to 84 months | 7.57%–18.00% | Maximum term 84 months. Term of 84 months only available for vehicles up to 2 years old and loan amounts of at least $35,000. Advertised rates available on loan applications submitted from October 1 through December 31, 2025. |
Used Vehicle Loan
Loans subject to approval. Advertised 'as low as' APRs assume excellent credit history; actual APR based on credit history, model year, term, and loan amount.
| Terms | APR | Conditions |
|---|---|---|
| up to 60 months | 8.18%–18.00% | Term up to 60 months. Up to 18.00% APR. |
| 61–72 months | 9.57%–18.00% | Term 61-72 months. Available for vehicles up to 3 years old and loan amounts of at least $20,000. Up to 18.00% APR. |
| up to 72 months | 8.57%–18.00% | Used vehicles (More Than 2 Years Old). Maximum term 72 months. Advertised rates available on loan applications submitted from October 1 through December 31, 2025. |
Who can join Hope Credit Union
This may be incomplete or out of date, so check with the credit union before you apply.
Open to anyone
- Membership is open to individuals and organizations who join Hope Enterprise Corporation.
Cost to join
- The membership fee is $10 ($5 goes to Hope Enterprise Corporation, a 501(c)(3) non-profit, and is tax deductible).
Membership information collected October 4, 2026.