Auto Loan Rates

Lock in your auto loan rate with CommonWealth Central Credit Union.

From brand new vehicles to a car that’s new to you, CommonWealth Central Credit Union offers a wide range of solutions for every auto financing need.

  • No payments for 90 days*
  • Low, competitive APR and interest rates
  • A variety of purchase types
  • Quick and efficient pre-approvals


Auto Loan Rates Effective date: May 11, 2023

New Auto Model years 2022-2023 w/less than 5,000 miles

24 - 36 months

5.75% - 16.50%

$30.31 - $35.40

37 - 48 months

5.99% - 16.74% $23.48 - $28.72

49 - 60 months

6.25% - 17.00% $19.45% - $24.85

61 - 72 months

6.75% - 17.50% $16.93 - $22.53

73 - 84 months

7.00% - 17.75% $15.09 - $20.87
Used Auto Model years 2017-2023 w/more than 5,000 miles

24 - 36 months

5.99% - 16.74% $30.42 - $35.52

37 - 48 months

6.25% - 17.00% $23.60 - $28.86

49 - 60 months

6.50% - 17.25% $19.57 - $24.99

61 - 72 months

6.99% - 17.74% $17.04 - $22.66

73 - 84 months

7.24% - 17.95% $15.21 - $21.01
Model years 2008-2016

24 - 36 months

6.84% - 17.95%

$30.80 - $36.13

37 - 60 months

7.39% - 17.95%

$19.99 - $25.37

Auto Loan Rates FAQs

Q: Are there any deals offered if I decide to refinance my vehicle?

A: Yes! CommonWealth Central Credit Union provides a cash back program that rewards you for switching loan providers. Earn up to 1% cash back2 on your total loan balance.

Q: How much car can I afford with your rates?

A: It is important to evaluate both the vehicle price and interest rates before settling on a final auto budget. Use CommonWealth Central Credit Union’s auto loan calculator to get an estimate of what you can afford.

Q: Will your rates apply to me even if I don’t buy from a dealer?

A: CommonWealth Central Credit Union provides financing for members buying from both dealerships and private parties. We can also handle lease buyouts.


Auto Buying Tools

Purchasing your next vehicle can be an overwhelming task--unless you have expert help. Don’t worry, we’ve got you covered! To make the process as easy as possible for you, we have a variety of tools to help guide you through one of your most important decisions. Our Auto Buying Tools include everything from having your own personal Autoland Consultant help you find the perfect vehicle, special rate incentives with Enterprise Car Sales, and personal financing calculators to help you figure out things like how much you can afford to borrow, how much your payment will be, and more!

Autoland - Your Auto Concierge Service

  • With Autoland, you will have your own personal Autoland consultant to help you through the entire car buying process. They will help you locate the vehicle you’re looking for with all the features you want, and they will even negotiate a great price for you. They will also work directly with CommonWealth to set up your loan for you and can have your car ready for pickup at one of our branches, or even have it delivered right to your home! How’s that for convenience?

Enterprise Car Sales - Get a 1.25% Loan Rate Discount

  • Finance an Enterprise vehicle with CommonWealth and receive a 1.25% loan rate discount3 on your auto loan. Their conveniently located dealership in San Jose on Stevens Creek Blvd and their experienced representatives make looking for your new car easier than ever. Also, with every car purchase from their large vehicle inventory, Enterprise offers a free CARFAX® report, vehicle certification, and much more!

AutoSMART - Online Car Buying Experience

  • Shop online for your perfect car! With AutoSMART you can research cars, view new & used car inventory at local dealerships, compare vehicles, and get connected with a local car advisor. Your smart choice for a stress-free car buying experience. Find your next car the AutoSMART way!

Personal Financing Calculators 

  • Use these personal financing calculators to find out how much your loan payment will be, how much you can afford to borrow, how long it will take to pay off your auto loan, and much more!

Get Your Low Auto Loan Rate Today!

Take advantage of CommonWealth Central Credit Union’s low auto loan rates and extraordinary benefits by applying for an auto loan online today.


*If you take advantage of the “no payments for 90 days” option finance charges will still accrue, the total finance charges paid on your loan will increase, and the maturity date of the loan will be extended. Minimum FICO score 680.

1APR=Annual Percentage Rate. The rate you receive will be based on certain creditworthiness factors and approximate repayment and may be higher than the rate shown above. Please ask us for the rate for which you qualify. All rates are subject to approximate loan term limits and certain restrictions may apply. Rates are subject to change without notice. Rates are for new loans only, refinance terms will differ. There are minimum loan amounts required for some loan terms. Contact us for minimum loan amounts by term, maximum loan amounts and loan-to-value requirements.

21% cash back offer valid only for vehicles refinanced from another financial institution. 1% cash back will be paid at loan closing. Refinance of existing CommonWealth auto loans do not qualify. You must keep your auto loan open for 12 months in order to keep the 1% cash back incentive. Cash back incentives over $599.99 are subject to IRS reporting on form 1099-NEC.

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