Best Auto Loan Rates

The Road to your Next Ride Starts Here.

Get prequalified for rates as low as 5.5% APR* today!

Low-Interest Car Loans with Flexible Terms

Explore our auto loan special and secure the best rates today!

Shopping for a new or used vehicle? We can put you behind the wheel with competitive rates, flexible terms, a quick approval process, and no hidden fees. Or save money by refinancing a current auto loan. Talk to a banker today to get pre-qualified!

Competitive Rates 

We know budgets are tight these days, which is why our competitive vehicle loans offer the best auto loan rates to help you drive away in your dream car without breaking the bank. Plus, save even more with one of our checking accounts that offer additional loan discounts. 

Quick & Local Approvals

Experience the convenience of our fast, local approval process, ensuring you get behind the wheel of your new vehicle without the long wait. With our quick approvals, you can secure competitive auto loans right in your community and drive away in no time! In most cases, same day or next day funding is available!

Easy Loan Management

Sign up for automatic withdrawals and never worry about missing a payment again. Plus, our digital banking app makes viewing and managing your auto loan a breeze. View your current balance, loan details, or make a payment through the app. 

Ready to take the next step toward your dream car, truck or SUV?

Don't wait - your new vehicle is just a click away! 

Offer ends January 31st, 2025.

Not ready to apply online?

Get more information about The Bank of Elk River, our auto loans, or our auto loan special by chatting with a banker today. 

FAQs

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Disclosures

*Annual Percentage Rate. Rates reflect discount of .25% for automatic payments from a Bank of Elk River account. APR may vary based on credit profile, loan amount, down payment, term of loan and collateral type. Loan subject to approval. Loan approval based on creditworthiness. Additional terms may be available. Rates, terms and conditions subject to change. Offer available 11/1/2024-1/31/2025. Offer does not apply to existing The Bank of Elk River auto loans. Available on purchases or refinances of 2020 and newer automobiles.