New and Used Auto Loans

When it comes to financing, you'll feel the love when you finance your vehicle at CommonWealth One.  Right now, rates are as low as 1.39% APR*!

But, we offer more than just a pretty rate.  You'll fall in love with our flexible terms and budget-friendly payments too! 

  • Rates as low as 1.39% APR* on New Cars
  • Rates as low as 1.99% APR* on Used Cars
  • Terms up to 84 months§
  • No Down Payment Required1
  • No Payments up to the first 90 days††
  • Skip A Payment option twice a year
  • An easy application process

We refinance too!§§

So when you find the "One", be sure to see "The ONE" for financing.

Get Pre-Approved

Before you visit a dealership, get pre-approved for an auto loan from CommonWealth One. You can afford more than just the purchase price with our option of 125% financing, which allows you to customize your new car the way you want with premium dealer packages and options.  You’ll be in the driver’s seat when negotiating your deal by knowing exactly how much you can afford.

Protect Your Investment

  • Guaranteed Asset Protection (GAP) helps protect against financial loss if your vehicle is stolen or declared a total loss. You pay only $429 for GAP or finance it into your loan balance
  • Mechanical Repair Coverage is our comprehensive coverage that pays for the cost of parts and labor for any covered vehicle
  • ProtectOne Debt Protection Package repays your loan balance in full in the event of loss of life, disability, and involuntary unemployment

Auto Loan Refinancing§

Lowering your monthly payment can increase your cash flow and help you save money.  If you are looking to lower your auto loan payments, reduce your interest rate or payment term, CommonWealth One can help.  Refinance your auto loan and get rewarded with some of the lowest rates available.

Loan Perks

Loan Rewards

Our Loan Rewards2 program rewards you for the relationship you have with CommonWealth One, making it beneficial to get all your loans from us.

Apply for a new loan or refinance an existing loan from another financial institution and receive up to 0.50% off the interest rate on auto, personal, motorcycle, and RV loans. The more business you do with CommonWealth One, the greater the rewards!

It’s easy to qualify too. 

  • 0.25% discount for an active checking account3 
  • 0.25% discount for repayment of loan through direct deposit

Skip A Payment

Skip a payment on a loan and use the extra cash for the holidays, a special purchase, take a healthy chunk out of debt, or just enjoy the peace of mind of a month without bills!  You can skip eligible loans twice a year.


  • *Annual Percentage Rate (APR) is based on an evaluation of applicant’s credit. Your actual rate may vary. Rate shown reflects 0.50% discount for Loan Rewards. Payments for $20,000 auto loan at 1.39% APR for 36 months are approximately $523.27 per month. Other rates and terms are available. Rates are subject to change without notice. 
  • 1Financing is available up to 125% of the retail value on new and used cars.  
  • §Car loans with terms of 61 to 71 months require a minimum $15,000 purchase price.  Car loans with terms of 72 to 84 months require a minimum $20,000 purchase price.
  • 3An active checking account is defined as a checking account with six or more debit card transactions or more.
  • ††Qualified applicants may defer their first payment for up to 90 days. Interest will continue to accrue.  Other restrictions, terms and conditions may apply.
  • §§Refinancing is not available on existing CommonWealth One loan balances.
  • Loans are subject to a minimum monthly payment of $45.00.