NEW AUTO LOANS
4.09% APR on a new car, decided by people who work here
Summit finances new cars, trucks and SUVs at 4.09% APR with terms up to 72 months. Pre-qualify in about two minutes using a soft credit check that leaves your score exactly where it is.
Why members finance here
A car loan that does not fight you
Three things members bring up most often when they tell us why they came back.
The rate is the rate
4.09% APR is what a qualified borrower actually gets, not a teaser that expires in thirty days. We do not add a dealer markup on top of it.
Pre-qualify without the ding
Our pre-qualification runs a soft inquiry. You see your rate and your borrowing limit before anything appears on your credit report.
24 to 72 months, your call
Take a short term and pay far less interest, or stretch to 72 months if the monthly number is what has to work. Nobody will push you either way.
Rates and payments
What 4.09% APR looks like on $30,000
Same rate at every term. The only thing that changes is how long you carry it.
Term
APR
Monthly payment
Total interest
36 months
4.09%
$887
$1,928
48 months
4.09%
$679
$2,573
60 months
4.09%
$554
$3,222
72 months
4.09%
$471
$3,883
Payments assume $30,000 financed at 4.09% APR with no down payment and no add-on products. Rates current as of July 2026 and subject to change. Membership eligibility required. This is a demonstration website; rates, products, and figures shown are illustrative only.
How it works
What a local decision actually means
Four steps, and a Summit employee is involved in every one of them.
You apply
One application, online or at any of our 42 branches. It runs about eight minutes if you have your income details in front of you.
A person reads it
Summit lending staff review the file in our own offices. Nothing gets shipped off to a third-party underwriter who has never met a member.
You hear back the same day
Most applications get an answer before close of business. If we need a pay stub or proof of insurance, we ask once and tell you exactly what is missing.
You buy the car
We can fund directly to the dealership or hand you a draft to spend like cash. Bring us the buyer's order and we take care of the title work.
Before you come in
What to bring
There is no hidden list. If you show up with these four things, we can usually finish the loan in a single visit.
Keep reading
Related pages
Find out your number before you shop
Walking onto a lot with a rate already in hand changes the whole conversation.