Introduction
At Mechanics Bank, we’re driven to help (pun fully intended). That’s why we want to help you finance the car you need, whether it’s a shiny hot rod or a safe minivan. We’ll work together to discuss the best auto loan option for you. Buckle up, because you’re in for a delightful ride.
Auto Loan Rates
(2022–2014)
Key features:
No down payment required
No prepayment penalty
Additional Content:
| Vehicle Year | Maximum Term | Rate* | APR** | Monthly Payment per $1,000 |
| 2022 | 84 months | 4.25% | 4.550% | $13.78 |
| 2021 & 2020 | 72 months | 4.25% | 4.597% | $15.76 |
| 2019 & 2018 | 60 months | 4.50% | 4.913% | $18.64 |
| 2017 & 2016 | 54 months | 4.75% | 5.207% | $20.60 |
| 2015 & 2014 | 48 months | 5.00% | 5.512% | $23.03 |
Disclosures:
Subject to credit approval. Additional terms and conditions apply. Rates & terms are subject to change at any time without notice.
Origination Fee: $200
*All rates are subject to an automatic transfer of monthly payments from a Mechanics Bank account. Add 0.25% to rates for payments not automatically transferred.
**Annual Percentage Rate. APR based on $20,000 loan amount.
Downloads:
Auto Loan Rates
(2013 & Older)
Key features:
10% down payment required
No prepayment penalty
Additional Content:
| Maximum Term | Rate* | APY** | Monthly Payment per $1,000 |
| 36 months | 5.25% | 5.923% | $30.08 |
Disclosures:
Subject to credit approval. Additional terms and conditions apply. Rates & terms are subject to change at any time without notice.
Origination Fee: $200
*All rates are subject to an automatic transfer of monthly payments from a Mechanics Bank account. Add 0.25% to rates for payments not automatically transferred.
**Annual Percentage Rate. APR based on $20,000 loan amount.
Downloads:
Borrow our experts’ advice.
Call or visit the most convenient banking office to discuss your financing needs.
Or email us