Credit union · NCUA insured
LOC Credit Union Auto Loan Rates
LOC Credit Union auto loans start at 4.90% APR for a new vehicle and 5.59% for a used one. Rates checked October 16, 2026.
How LOC Credit Union’s auto loan rates compare
Compared with banks and credit unions near Detroit, MI, where LOC Credit Union has the most branches. New vehicle, lowest advertised APR first.
This credit union’s lowest
LOC Credit Union
4.90%APR
- Terms
- up to 66 months
- Discount
- None included
New & Used Auto Loans
Lowest rate
Chief Financial Credit Union
3.99%APR
- Terms
- —
- Discount
- None included
2nd-lowest rate
FreeStar Financial Credit Union
3.99%APR
- Terms
- up to 60 months
- Discount
- Included in the rate
LOC Credit Union auto loan score
81
Auto loan score
Higher than 57% of U.S. banks and credit unions
- New vehicleNew4.90%
- Used vehicleUsed5.59%
Each track runs from the highest to the lowest rate among U.S. banks and credit unions; the dot is this rate.
Where LOC 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.
Classic Vehicle Auto Loan
Available for vehicle model years 2000 and older. Maximum LTV of 90%. Maximum loan amount $100,000 (amounts >$100,000 reviewed case-by-case). CARFAX report pulled on all vehicles. Subject to approval based on overall creditworthiness factors and satisfactory appraisal of collateral.
| Terms | APR | Conditions |
|---|---|---|
| up to 48 months | 7.10% | Model year 2000 & older. Standard Fixed APR as low as 7.10%. Maximum LTV 90%. |
| up to 48 months | 6.80% | Model year 2000 & older. Loving Our Communities Heroes Program Fixed APR as low as 6.80%. Maximum LTV 90%. |
| up to 75 months | 7.60% | Model year 2000 & older. Standard Fixed APR as low as 7.60%. Maximum LTV 90%. |
| up to 75 months | 7.30% | Model year 2000 & older. Loving Our Communities Heroes Program Fixed APR as low as 7.30%. Maximum LTV 90%. |
Sources (2)
All captured Oct 5, 2026
New & Used Auto Loans
Open to members/Michiganders. Subject to approval based on overall creditworthiness factors, satisfactory collateral, term, LTV, insurance, and amount financed. Up to 115% financing available under Heroes Program.
| Terms | APR | Conditions |
|---|---|---|
| up to 48 months | 4.60% | Model years 2021-2026. Fixed APR as low as 4.60%. Max LTV up to 90% (up to 115% for Heroes Program). Minimum loan amount $3,500. |
| up to 66 months | 4.90% | Model years 2021-2026. Fixed APR as low as 4.90%. Max LTV up to 90% (up to 115% for Heroes Program). Minimum loan amount $3,500. |
| up to 75 months | 5.20% | Model years 2021-2026. Fixed APR as low as 5.20%. Max LTV up to 90% (up to 115% for Heroes Program). Minimum loan amount $15,000. |
| up to 84 months | 5.70% | Model years 2021-2026. Fixed APR as low as 5.70%. Max LTV up to 90% (up to 115% for Heroes Program). Minimum loan amount $30,000. |
| up to 96 months | 6.50% | Model years 2023-2026. Fixed APR as low as 6.50%. Max LTV up to 85%. Minimum loan amount $40,000. |
| up to 120 months | 7.90% | Model years 2023-2026. Fixed APR as low as 7.90%. Credit score 700+ required. Max LTV up to 80%. Minimum loan amount $50,000. |
| up to 48 months | 5.29% | Model years 2018-2020. Fixed APR as low as 5.29%. Max LTV up to 80% (up to 115% for Heroes Program). Minimum loan amount $3,500. |
| up to 66 months | 5.59% | Model years 2018-2020. Fixed APR as low as 5.59%. Max LTV up to 80% (up to 115% for Heroes Program). Minimum loan amount $3,500. |
Sources (2)
All captured Oct 5, 2026
Older Used Auto & High Mileage Loan
Available for model years 2015-2017 with a maximum of 150,000 miles at time of application. Maximum LTV of 85%. Free CARFAX report pulled on all vehicles. Subject to approval based on overall creditworthiness factors and satisfactory collateral.
| Terms | APR | Conditions |
|---|---|---|
| up to 48 months | 6.79% | Model year 2017. Fixed APR as low as 6.79%. Maximum LTV 85%, max mileage 150,000. |
| up to 60 months | 7.09% | Model year 2017. Fixed APR as low as 7.09%. Maximum LTV 85%, max mileage 150,000. |
| up to 36 months | 7.39% | Model year 2016. Fixed APR as low as 7.39%. Maximum LTV 85%, max mileage 150,000. |
| up to 36 months | 7.69% | Model year 2015. Fixed APR as low as 7.69%. Maximum LTV 85%, max mileage 150,000. |
Sources (2)
All captured Oct 5, 2026
Who can join LOC Credit Union
This may be incomplete or out of date, so check with the credit union before you apply.
Where you live or work
- Membership is open to anyone who lives, works, worships, or attends school in the state of Michigan.
Family and household
- Immediate family members (spouse, sibling, child, grandchild, parent, grandparent) or individuals living in the same household of a current or eligible member are eligible for membership.
Membership information collected October 5, 2026.