Auto & RV Loans
No Hassle Deals for Your Wheels
Financing a new car, truck, boat or RV doesn't have to be complicated or expensive. At Ridgeline Credit Union we have some of the lowest rates around with easy terms and fast approval.
- Rates as low as 4.74%
- Terms up to 7 years
- Up to 110% NADA Clean Retail
Current rates
Auto & RV loan rates.
What you are buying and how long you take to pay it back set the rate. Every vehicle, RV, and off-road loan is written to a maximum of 110% NADA Clean Retail value.
Vehicle, RV, and off-road rates
Posted loan rates. The credit union does not state an effective date.
| Loan | Term | Rate | Payment per $1,000 borrowed |
|---|---|---|---|
| Vehicle & street motorcycle, 2016 and newer | Up to 5 years | 4.74% | $18.75 a month |
| Vehicle & street motorcycle, 2016 and newer | 6 years | 4.99% | $16.10 a month |
| Vehicle & street motorcycle, 2016 and newer | 7 years | 5.24% | $14.25 a month |
| RV & boat, new and used | Up to 10 years | 7.25% | $11.74 a month |
| ATV, off road motorcycle & small watercraft | Up to 5 years | 8.25% | $20.40 a month |
Scroll sideways to see every column on a small screen.
All vehicle, RV, and off-road loans are written to a value maximum of 110% NADA Clean Retail. On approved credit only. Payment examples are illustrations calculated from the posted rate, not a quote and not supplied by the credit union. Actual payment depends on amount financed, term, and creditworthiness.
Working out your payment
Use the rate table above, then check it with a person.
The last column of the table above shows what every $1,000 you borrow costs each month at that rate and term. Multiply it by the number of thousands you plan to finance. Borrowing $15,000 on a five year vehicle loan is fifteen times the $18.75 figure.
That gets you close. For the real number, including tax, title, registration, and anything else you roll into the loan, use the financial calculators on our site, or call (801) 328-1521 and ask for Missy Seare, our loan officer. She will run it with you Monday through Friday, 9:00 AM to 5:00 PM.
Payment examples are illustrations calculated from the posted rate, not a quote and not supplied by the credit union. Actual payment depends on amount financed, term, and creditworthiness.
Why here
Dealer financing? No way!
Do the math… a low rate auto loan from Ridgeline, along with the manufacturer rebate, can save you thousands of dollars over the life your new car loan!
One office, local decisions
Your application is read by a loan officer at 564 East 300 South in Salt Lake City. It does not get routed to a processing center in another state.
Easy terms and fast approval
Apply online, call us, or come in. However you start it, the file lands on the same desk and someone here works it.
Rates as low as 4.74%
Vehicle and street motorcycle loans start at 4.74% for terms up to five years, on approved credit.
Terms that fit the purchase
Up to seven years on a vehicle, up to ten on an RV or a boat, up to five on an ATV, off road motorcycle, or small watercraft.
Know the value before you shop
We lend to a maximum of 110% NADA Clean Retail. NADA Guides is linked from our site so you can check a vehicle before you make an offer.
A person to call after
Payoff quotes, title questions, insurance changes. Call (801) 328-1521 Monday through Friday, 9:00 AM to 5:00 PM, and reach someone who can fix it.
Already financed elsewhere?
Bring the loan with you.
If you took dealer financing in a hurry, you may be paying a rate you did not have to. Refinancing takes about ten minutes to apply and we handle the payoff with your current lender.
- No fee to refinance
- Keep your term or shorten it
- We contact your lender for the payoff
Refinance your vehicle loan with us
- What we refinance Vehicle loans from other lenders
- Rates start at 4.74% for terms up to 5 years
- Approval On approved credit
- Ask for Missy Seare, loan officer
- Phone (801) 328-1521
Rates shown are our posted starting rates on approved credit. This is not an offer or a quote. Your rate and term depend on creditworthiness, the vehicle, and the amount financed. Call and ask for Missy Seare to find out what you would save.
Getting approved
Four steps from application to keys.
Apply online, call (801) 328-1521, or come into the office at 564 East 300 South. Whichever you pick, it lands on the same desk.
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Apply the way that suits you
Start the loan application online, call (801) 328-1521, or come into the office Monday through Friday, 9:00 AM to 5:00 PM.
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We read it here
A loan officer at the credit union reviews your application. If we need anything else to finish it, we call you.
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You get your terms
We tell you the amount, the rate, and the term you qualify for. Every loan is on approved credit, and an Experian FICO score under 670 can raise the rate on a vehicle loan.
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Sign and pick it up
Sign the loan documents, show proof of insurance, and we release the funds to the dealer or the seller.
What to have handy
- A government-issued photo ID and your Social Security number
- Proof of income, usually two recent pay stubs
- The year, make, model, and mileage of the vehicle, and the VIN if you have it
- Proof of insurance before the loan funds
Not a member yet? Membership is open to anyone who lives, works, worships, volunteers, or attends school in Salt Lake City, Utah, and it takes a $25.00 share deposit. There is no online membership application. Complete one at our office, or call us at (801) 328-1521 and we’ll mail you one.
“We have continued to utilize the services: my daughter and son now have vehicle loans here. They treat you like they actually care about you as a person and a member.”
Scott C. · Google review
Optional, and priced up front
Coverage you can add, or skip.
None of these are required to get the loan or the rate, and none of them are added without you asking. We will tell you the cost before you decide.
GAP coverage
If the vehicle is totaled or stolen, GAP covers the difference between what insurance pays and what you still owe. Useful when you financed most of the purchase price. Ask our loan officer, Missy Seare, at (801) 328-1521 for the cost on your loan.
Mechanical repair coverage
Covers major repairs after the factory warranty ends, at the shop of your choice. Priced by vehicle, term, and mileage, and it can be financed with the loan or paid up front.
Payment protection
Cancels or postpones your payments if you die, become disabled, or lose your job involuntarily. Cost depends on the balance and which protections you choose.
Questions
Before you apply.
What can I finance with an auto and RV loan?
Cars, trucks, street motorcycles, RVs, boats, ATVs, off road motorcycles, and small watercraft. Vehicle and street motorcycle rates apply to model years 2016 and newer. RV, boat, ATV, off road motorcycle, and small watercraft rates apply to model years 2010 and newer.
How do I apply?
Three ways. Start the loan application online, call us at (801) 328-1521, or come into the office at 564 East 300 South, Salt Lake City, Monday through Friday between 9:00 AM and 5:00 PM.
Do I have to be a member first?
Yes. Membership is open to people who live, work, worship, volunteer, or attend school in Salt Lake City, Utah, to businesses and legal entities located there, to members of record as of September 26, 2017, and to immediate family and household members. Joining takes a $25.00 share deposit. There is no online application, so complete one at the office or call and we will mail you one.
How much of the vehicle’s value will you finance?
Up to 110% of NADA Clean Retail value on vehicle, RV, boat, and off road loans. On an ATV, off road motorcycle, or small watercraft, a lower value maximum may apply if your Experian FICO score is under 700.
Does my credit score change my rate?
It can. All of our loan rates are on approved credit only. On vehicle and street motorcycle loans, higher rates may apply if your Experian FICO score is under 670. On RV, boat, ATV, off road motorcycle, and small watercraft loans, higher rates and shorter terms may apply under 700.
What are the rules on the 7-year term?
The 7-year term is limited to loans of $25,000 or more on model years 2022 through 2025, and it requires an Experian FICO score of 670 or greater.
Loan disclosures
Rates shown are Ridgeline Credit Union's posted loan rates. The credit union does not publish an effective date for its loan rate schedule, and rates are subject to change without notice. All loans are subject to credit approval and membership eligibility.
Vehicle and street motorcycle loans, 2016 and newer except noted: HIGHER RATES MAY APPLY FOR MEMBERS WITH AN EXPERIAN FICO CREDIT SCORE LESS THAN 670. 7 YEAR TERM ONLY: MINIMUM LOAN IS $25,000. MODEL YEARS 2022-2025 ONLY. MUST HAVE AN EXPERIAN FICO CREDIT SCORE OF 670 OR GREATER.
RV and boat loans, new and used: ON APPROVED CREDIT ONLY. HIGHER RATES AND SHORTER TERMS MAY APPLY FOR MEMBERS WITH AN EXPERIAN FICO CREDIT SCORE LESS THAN 700. MODEL YEARS 2010 AND NEWER ONLY. ATV, off road motorcycle, and small watercraft loans, new and used: ON APPROVED CREDIT ONLY. HIGHER RATES AND LOWER VALUE MAXIMUM MAY APPLY FOR MEMBERS WITH AN EXPERIAN FICO CREDIT SCORE LESS THAN 700. MODEL YEARS 2010 AND NEWER ONLY. Value maximums on all vehicle, RV, boat, and off road loans are 110% NADA Clean Retail.
Payment examples are illustrations calculated from the posted rate, not a quote and not supplied by the credit union. Actual payment depends on amount financed, term, and creditworthiness. Examples show principal and interest per $1,000 borrowed and do not include taxes, title, registration, insurance, or optional products, so your actual payment will be higher.
GAP coverage, mechanical repair coverage, and payment protection are optional products. Purchasing them is not required to obtain a loan, does not affect the rate or terms you are offered, and does not affect the credit decision. Coverage is subject to the terms, conditions, and exclusions of the individual contract, which you will receive before you agree to buy.
Your savings federally insured to at least $250,000 and backed by the full faith and credit of the United States Government. National Credit Union Administration, a U.S. Government Agency. Ridgeline Credit Union is an Equal Housing Lender. We do business in accordance with the Fair Housing Act and the Equal Credit Opportunity Act. Membership eligibility required. Routing Number: 324078417. NMLS #402443.