Auto Loans

Auto financing has never been easier

Accelerate your funding with an auto loan that's right for you

Whether you're looking to buy a new car or refinance your existing auto loan, our auto financing team can help. We'll guide you through the lending process, lock in your interest rate and get you in the driver's seat.

Fixed rates

Get a low monthly payment, thanks to our competitive auto loan rates.

Quick and easy access

Get access to funds in as little as 24 hours.

Flexible terms

Up to 84-month terms are available for new auto loans.

Let's accelerate your auto loan funding
Promotional Auto Loan Rate

Save more when you finance your vehicle with a new auto loan

Rates as low as
5.84% APRD

Auto Loan Benefits

Make it easier than ever to get a new ride

Whether you're buying a new or simply new-to-you car, we've got the auto loan you need.

  • Pay for new and used vehicles
  • Get access to competitive fixed rates
  • Secure your financing and auto insurance in the same transaction
  • Funding options include dealer purchase, private purchase and refinance

How to get started

Buying a new or used vehicle is easier when you understand how to get an auto loan. Even if you're buying a new car from a dealership, you can choose where to get your auto financing—which can lead to substantial savings.

Step 1

Shop for a car

The first step toward getting an auto loan is finding the car you'd like to buy. This could mean a new or used car from a dealership or a private seller. Shopping around and comparing prices can help you find the best deal.

Step 2

Apply for an auto loan

Contact us or visit a local branch to apply for an auto loan. One of our auto financing experts will gather information about you and the vehicle you'd like to purchase.

Step 3

Prepare for closing

As we prepare to finalize your loan, we may reach out for more information. Feel free to ask any questions about the loan process. We're here to be your guide.

Step 4

Close your loan to receive your funds

You'll sign closing documents to finalize your auto loan. After closing, you'll receive your funds, which could arrive in as little as 24 hours. Then you can return to the seller to buy and enjoy your new ride.

Auto Loan Calculator
Estimate your truck or car loan payment

Use this auto loan calculator to estimate your monthly payment. Try changing values, like down payment amount or loan length, to find the auto financing option that works for you.

Digital Banking

Bank from anywhere with your mobile devices

Track your spending habits

Seamlessly move your money

Set alerts for transactions

Learn more about digital banking
Digital Banking

Bank from anywhere with your mobile devices

Track your spending habits

Digital Banking

Bank from anywhere with your mobile devices

Seamlessly move your money

Digital Banking

Bank from anywhere with your mobile devices

Set alerts for transactions

Learn more about digital banking

Auto Loans FAQ
People often ask us

With an auto loan, a lender agrees to give you money to purchase a vehicle. You'll repay the amount borrowed over the agreed term—which is typically 3 to 7 years—by making monthly payments. Each payment includes both principal and interest. Once you pay the auto loan in full, you'll own the car.

You must be at least 18 years old to qualify for an auto loan at First Citizens. A good credit score will increase your chance of approval, and your income will be used to determine eligibility. A lower debt-to-income ratio can help improve your standing. Contact us or visit your local branch to learn more about our auto loan eligibility requirements.

For auto loans, the minimum amount is $2,500 and the maximum is $200,000. The maximum term is 84 months for loans greater than $50,000 and 72 months for loans less than $50,000. Talk to a banker for more information about auto loans.

To get the quickest turnaround on your funds, we recommend finding the car you want to purchase before applying for an auto loan. Once you have a vehicle in mind and apply for an auto loan online, we'll get back to you within 2 business days. If you prefer, you can also visit your local branch to apply in person.

It's important to make sure you're complying with your specific state's auto insurance requirements before applying for an auto loan. It's also recommended that you carry enough insurance to protect your finances against damage or loss.

Refinancing an auto loan can help you lower your monthly payments and save on interest over the life of your loan. It can also help you secure a lower interest rate, adjust a loan term, or add or remove co-signers from your loan.

Auto Financing Insights
A few car financing insights for your life

Insurance

Practical Steps You Can Take to Lower Your Premium

Want to lower your car insurance premium? Here's what you need to know.
It never hurts to get on the phone and ask your insurance agent if there are ways to reduce your premium.
Family

Car Buying Trends in the 2024 Market

The markets for new, used and electric vehicles are shifting rapidly.
While inventory levels continue to stabilize, semiconductor chip shortages are still playing a role in keeping dealer supply relatively low in 2024.
Debt

Understand How Car Loans Work Before You Step Into a Dealership

Know your financing options before buying your next car.
Crunching the numbers ahead of time will put you in the driver's seat of car-buying negotiations.

This application is not available for Wisconsin residents. Please call us to apply or visit your local branch.

Annual Percentage Rate (APR) is 5.84% as of May 8, 2025, to qualifying applicants for a fixed-rate auto loan amortized over 5 years and includes discounts for autodraft from a First Citizens checking account. APR is based upon a rate of 5.70% and an origination fee of $100.

For example: An auto loan with an amount financed of $30,000 at a 5.70% fixed rate and including a $100 origination fee would have an APR of 5.84%, and you would make 60 payments of $576 and pay total interest of $4,549.

Advertised APR is the lowest APR available and includes a discount for autodraft from a First Citizens checking account. Other rates and terms are available based on loan amount, customer credit profile and payment method, and your rate may differ. Credit and collateral subject to approval. Rates, terms and conditions are subject to change at any time based on market conditions or other business factors.

Links to third-party websites may have a privacy policy different from First Citizens Bank and may provide less security than this website. First Citizens Bank and its affiliates are not responsible for the products, services and content on any third-party website.

Bank deposit products are offered by First Citizens Bank. Member FDIC and an Equal Housing Lender. icon: sys-ehl.

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