Most people enjoy the research involved in finding their perfect vehicle – building cars online, taking test drives, and reading consumer reviews. It’s the purchasing process they find intimidating.

We recommend starting with a quick and easy preapproval from Salal so you’ll know the purchase price you’re qualified to buy. This will help you shop confidently at the dealership and give you more bargaining power so you can focus on getting the best price on your vehicle.

Benefits of using Salal for your next vehicle purchase:

  • Competitive rates, flexible terms
  • Boat, motorcycle and RV loans available
  • Fast preapproval
  • Refinancing available
  • Convenient payment options

Already have a car loan? We refinance. Call 800.562.5515 or visit your nearest branch to find out if you could save money by refinancing your current auto loan with Salal.

You can apply for an Auto Loan and Recreational Loan using our secure online application portal.

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APR = Annual Percentage Rate. Rates are current as of July 29th, 2016, and are subject to change at any time.

Auto Loans

ProductAPRComments*Terms**
Actual APR will be based on creditworthiness, age of vehicle and the term of the loan.

*Rates for loans without automatic payment will increase by 0.25%. Refer to the Credit & Security agreement for specific disclosures.

**Terms up to 84 months are available based on the age of of the vehicle and the dollar amount of the loan. See credit union for details.

Maximum term and loan-to-value based on approved credit. New vehicle value based on Manufacturer's Suggested Retail Price. Used vehicle value based on NADA retail. Collision and comprehensive insurance required.

EXAMPLE PAYMENTS. New Auto: $329.39 a month based on a 5-year, $18,000 loan at 3.74% APR; Used Auto: $331.42 a month based on a 5-year, $18,000 loan at 3.99% APR.
New vehicles have never been titled or licensed and used vehicles up to 1 year old. 2.49% - 8.24%Rates adjust without automatic paymentUp to 84 months
Used vehicles that have been titled or licensed and are 2 years old and older.2.99% - 9.49%Rates adjust without automatic paymentUp to 84 months
* APR = Annual Percentage Rate
**These are the range of APRs offered for this type of loan, and the actual APR will be based on creditworthiness, age of vehicle and the term of the loan.
***Terms up to 84 months are available, based on the age of the vehicle and the dollar amount of the loan. See Credit Union for details.
****All loans without automatic payment will be 0.25% higher. For example, an APR of 11.99 increases by 0.25%. Refer to the Credit and Security Agreement for specific disclosures.
• Maximum term and loan-to-value (LTV) based on approved credit
• New vehicle value based on Manufacturer’s Suggested Retail Price
• Used vehicle value based on NADA retail
• Collision and comprehensive insurance required