Credit union · NCUA insured
Preferred Credit Union Auto Loan Rates
Preferred Credit Union auto loans start at 9.50% APR for a new vehicle and 9.50% for a used one. Rates checked October 16, 2026.
How Preferred Credit Union’s auto loan rates compare
Compared with banks and credit unions near Grand Rapids, MI, where Preferred Credit Union has the most branches. New vehicle, lowest advertised APR first.
This credit union’s lowest
Preferred Credit Union
9.50%APR
- Terms
- up to 72 months
Preferred Start Auto Loan
Lowest rate
Meijer Credit Union
4.24%APR
- Terms
- —
2nd-lowest rate
GR Consumers Credit Union
4.25%APR
- Terms
- —
Preferred Credit Union auto loan score
60
Auto loan score
Higher than 1% of U.S. banks and credit unions
- New vehicleNew9.50%
- Used vehicleUsed9.50%
Each track runs from the highest to the lowest rate among U.S. banks and credit unions; the dot is this rate.
Where Preferred 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.
Auto Loan Special
For 2024 & Newer vehicles. Discounts have been added to give the lowest possible rates. Some products require active checking account and auto payment transfer to receive lowest rate.
| Terms | APR | Conditions |
|---|---|---|
| up to 60 months | 4.99% | 2024 & Newer vehicles |
| up to 75 months | 5.25% | 2024 & Newer vehicles |
| up to 87 months | 6.00% | 2024 & Newer vehicles |
| up to 96 months | 6.75% | 2024 & Newer vehicles |
Sources (1)
- preferredcu.org/rates · captured Oct 16, 2026
Preferred Start Auto Loan
Rate includes Loan Rebate Benefit of 1.50% APR. Vehicle cannot be more than 10 years old and must have less than 100,000 miles. Must have at least one year on the job (college/trade school or some line of work). Requires active Checking Account and Debit Card, Direct Deposit, E-Statements, E-Notices, valid Email and mailing address.
| Terms | APR | Conditions |
|---|---|---|
| up to 72 months | 9.50% | Rate includes Loan Rebate Benefit of 1.50% APR; restrictions apply. Vehicle must be 10 years old or newer with less than 100,000 miles. Requires 1 year on job, active checking/debit, direct deposit, e-statements, and e-notices. |
Refi Rewards Auto Loan Refinance
Applies to refinancing non-Preferred Credit Union auto loans of $5,000 or more. Choose between up to $500 cashback or up to 2% off current rate (as low as 5.49% APR), plus optional 90-day payment deferral.
| Terms | APR | Conditions |
|---|---|---|
| — | 5.49% | Refinance for up to 2% less than existing rate subject to minimum rate as low as 5.49% APR. Refinances of existing Preferred Credit Union loans are not eligible. Minimum loan amount $5,000. |
Sources (1)
- preferredcu.org/loans-mortgages/auto · captured Oct 16, 2026
Titled Vehicle
| Terms | APR | Conditions |
|---|---|---|
| up to 69 months | 5.25% | — |
| 70–75 months | 5.75% | — |
| 76–87 months | 6.25% | — |
Sources (1)
- preferredcu.org/rates · captured Oct 16, 2026
Who can join Preferred Credit Union
This may be incomplete or out of date, so check with the credit union before you apply.
Where you live or work
- Individuals who live, work, attend school, or worship in specified Michigan counties are eligible for membership.
Employers and groups
- Employees or members of employer groups located within 25 miles of any branch office are eligible for membership.
Family and household
- Individuals who have a verifiable direct relation to an existing member are eligible for membership.
Other ways
- Individuals receiving retirement payments who live in or belong to a retirement organization in the county (or contiguous county) where the principal place of business is located are eligible.
Membership information collected October 5, 2026.