Used Vehicle Loans

*As low as 2.24% APR (Annual Percentage Rate) is our best auto loan rate on approved credit and up to 125% financing on Used Vehicle purchases and refinances from another institution, for a maximum 36-month term, and includes a 1% discount for Automatic Payment (AutoPay). Rate subject to increase if AutoPay is discontinued. Advertised rate and financing is based on creditworthiness and may not be available to all recipients; other conditions may apply. Refinance of existing Logix loans excluded from this offer unless you take a $5,000 cash out (must meet our loan to‐value requirements) or pay a $249 fee. Actual interest rate offered may be higher and a down payment may be required depending on applicant’s credit rating and other underwriting factors. In some instances Logix may require borrowers to purchase Guaranteed Auto Protection on new and used auto loans; maximum 17.99% APR. Monthly payments at 2.24% APR for a 36-month term are estimated at $28.75 per $1,000 borrowed. Borrowers may elect to defer the first payment due date for up to 90 days from loan funding date, subject to credit approval; interest will accrue during the 90-day payment deferral period. “Used Vehicle” means the current and prior model year with 10,000 or more miles, and any earlier (older) model year regardless of mileage. Logix finances vehicles purchased through franchised dealerships only (those affiliated with a major brand such as Ford, Chevy or Toyota). Auto loans are available only in AZ, CA, DC, MA, MD, ME, NH, NV and VA. Rate is accurate as of 8/18/2020 and is subject to change.
**Qualifying member may select to defer their first payment for 90 days from the loan funding date. Interest will accrue during the 90-day payment deferral period. Subject to credit approval.