New & Used Auto Loans

Driven by dreams. And now your sixteen-year-old.

Start your car-buying journey with us.

When you choose Corda Credit Union for your auto loan, you drive off with more than just a new vehicle – you’re driving away with peace of mind.

Prequalify before heading to the dealer.

Searching for the ideal vehicle can be demanding, but securing an auto loan with Corda is simple. Reach out and prequalify for an auto loan before you begin your search. Getting prequalified can clarify your budget, which may help your negotiating power with dealers.

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Shop with confidence

Prequalification can boost your confidence as a buyer, since your financing will already be in place.

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Save time

Prequalifying can save you time at the dealership. You may be able to bypass lengthy discussions about financing options and focus on negotiating the best price for the vehicle.

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Found a vehicle?

We have great relationships with many dealerships in Eastern Iowa. If you’ve already found a vehicle you love, let the dealer know you’d like your loan from Corda Credit Union.

Build dreams at great rates.

New & Late Model Used Auto Loans (2022 and newer)

Model Year

Term

APR* (as low as)

*Annual Percentage Rate (APR) based on credit, loan-to-value, term, and account relationships. Rates effective as of May 10, 2024. Loan rates show the best rate and apply to those with an excellent credit rating. Your rate may vary based on personal credit history and additional discounts provided to members based on their account relationships. All rates subject to change without notice. Membership Savings account is required to obtain Corda Credit Union products.

New Auto Loan Example: For a $30,000 loan for a term of 60 months with an 6.69% APR, the monthly payment will be $589.66 which assumes $0 down payment and does not include any estimate for taxes, insurance, or fees; therefore, the actual payment obligation will be greater.

Model Year

2022 and newer

Term

Up to 60 months

APR* (as low as)

6.69%

Used Auto Loans

Model Year

Term

APR* (as low as)

*Annual Percentage Rate (APR) based on credit, loan-to-value, term, and account relationships. Rates effective as of May 10, 2024. Loan rates show the best rate and apply to those with an excellent credit rating. Your rate may vary based on personal credit history and additional discounts provided to members based on their account relationships. All rates subject to change without notice. Membership Savings account is required to obtain Corda Credit Union products.

Model Year

2020 – 2021

Term

Up to 60 months

APR* (as low as)

7.19%

Model Year

2017 – 2019 

Term

Up to 60 months

APR* (as low as)

7.67%

Model Year

2015 – 2016

Term

Up to 60 months

APR* (as low as)

8.44%

Model Year

2014 and older models

Term

Up to 60 months

APR* (as low as)

10.50%

New & Late Model Used Motorcycle & UTV Loans (2022 and newer)

Model Year

Term

APR* (as low as)

*Annual Percentage Rate (APR) based on credit, loan-to-value, term, and account relationships. Rates effective as of May 10, 2024. Loan rates show the best rate and apply to those with an excellent credit rating. Your rate may vary based on personal credit history and additional discounts provided to members based on their account relationships. All rates subject to change without notice. Membership Savings account is required to obtain Corda Credit Union products.

New Motorcycle & UTV Loan Example: For an $18,000 loan for a term of 60 months with an 6.69% APR, the monthly payment will be $353.79 which assumes $0 down payment and does not include any estimate for taxes, insurance, or fees; therefore, the actual payment obligation will be greater.

Model Year

2022 and newer

Term

Up to 60 months

APR* (as low as)

6.69%

Used Motorcycle & UTV Loans

Model Year

Term

APR* (as low as)

*Annual Percentage Rate (APR) based on credit, loan-to-value, term, and account relationships. Rates effective as of May 10, 2024. Loan rates show the best rate and apply to those with an excellent credit rating. Your rate may vary based on personal credit history and additional discounts provided to members based on their account relationships. All rates subject to change without notice. Membership Savings account is required to obtain Corda Credit Union products.

**60-month term not available for UTVs.

Model Year

2020 – 2021

Term

Up to 60 months

APR* (as low as)

7.19%

Model Year

2017 – 2019

Term

Up to 60 months

APR* (as low as)

7.67%

Model Year

2015 – 2016

Term

Up to 60 months

APR* (as low as)

8.44%

Model Year

2014 and older models

Term

Up to 60 months**

APR* (as low as)

10.50%

Estimate your monthly car payment.

Apply for an auto loan today.

We may be able to help you get prequalified to finance the vehicle you want.

Apply now

Disclosures

All loans subject to approval. Rates, terms, and conditions are subject to change.