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New Auto Loans

Take advantage of our low-cost new auto loans to buy your next car.

Buying a new car can seem like an overwhelming process, but financing it doesn’t have to be. At Red River Credit Union, we offer competitive interest rate new auto loans perfect for that next vehicle purchase. Choose a loan for a new car, recreational vehicle, motorcycle, or even that boat you’ve been eyeing.

Members can expect outstanding service from our team as well as features such as:

*Some restrictions apply.

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New Auto Loan Calculator

How much of a new auto loan can you afford? Take the guesswork out of the process by using our new auto loan calculator. Choose different loan terms, and borrowing amounts to find the right scenario for your budget.

Use this calculator to help you determine your monthly car loan payment or your car purchase price. After you have entered your current information, use the graph options to see how different loan terms or down payments can impact your monthly payment. You can also examine your complete amortization schedule by clicking on the "View Report" button.


New Auto Loan Rates

Red River Credit Union aims to keep interest rates on new auto loans as low as possible. With competitive rates, you can expect a low monthly payment, too.

Our current New vehicle loans provide for up to 84 months* of borrowing at an interest rate as low as 5.89 % APR**. We can also offer these rates for 2022 vehicles that are new when purchased.

Loan terms depend on credit qualification and other requirements. Let your loan specialist provide you with more insight into each of your options.

*Terms may be extended on Auto Loans to 84 months at 60-month rate with approved credit and loan amount. Purchase or refinance from other institution only on a 2018 year model or newer - $17,000 minimum.

**APR = Annual Percentage Rate. Rate and term based on credit score and year model (auto). Rate subject to change without notice. With approved credit.

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New Auto Loan Resources

Keeping you informed and educated ensures you can make the right buying decision for your needs. Red River Credit Union makes that possible by providing you with the tools necessary.

New Auto Loan Frequently Asked Questions

I want to buy a car today. Can you help me get a loan?

Our team at Red River Credit Union is available during business hours to help you apply for a loan. We offer fast approval – sometimes the same day. Our convenient eSign feature further speeds up the process (some restrictions apply).

How much of a new auto loan will I qualify for?

A variety of factors play a role in this decision. Our team will work with you to determine how much of a monthly payment you want to make. We also need to verify the value of the vehicle you plan to purchase. Many of our borrowers can fund their 2022 and 2023 new car purchase with our loans.

Qualify* Today For A New Auto Loan

It’s fast, easy, and completely secure.

Apply for a new auto loan now to get the affordable financing you need to buy the car you want. Our loan specialists are available to help you. We offer fast approval so you can get into your car and hit the road.

*With approved credit.

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Checking & Savings Options To Meet Your Financial Needs

Not signed up for Online Banking? CLICK HERE, call us at 903-735-3000 / 800-822-3317, or visit a local branch to get started.

Lending Options To Meet Your Financial Needs

Not signed up for Online Banking? CLICK HERE, call us at 903-735-3000 / 800-822-3317, or visit a local branch to get started.