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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
(2024–2016)

Key features:

No down payment required

No prepayment penalty

Additional Content:

Vehicle Year Maximum Term Rate* APR** Monthly Payment per $1,000
2024 84 months 7.49% 7.921% $15.33
2023 & 2022 72 months 7.49% 7.986% $17.29
2021 & 2020 60 months 7.74% 8.327% $20.15
2019 & 2018 54 months 7.99% 8.638% $22.11
2017 & 2016 48 months 8.24% 8.963% $24.53

Disclosures:

* Subject to credit approval. Additional terms and conditions apply. Rates & terms are subject to change at any time without notice.

Origination Fee: $275

*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
(2015–2005)

Key features:

10% down payment required

No prepayment penalty

Additional Content:

Maximum Term Rate* APY** Monthly Payment per $1,000
36 months 8.49% 9.436% $31.56

 

Disclosures:

Subject to credit approval. Additional terms and conditions apply. Rates & terms are subject to change at any time without notice.

Origination Fee: $275

*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