Rate Match Program

Were you qualified for a Patelco Auto Loan but offered a lower rate elsewhere? We’ll match it!

Get the lowest possible rate, along with the benefits of Patelco membership, with Rate Match.

We wish we could offer everyone our lowest floor rate of 1.99%,1 but not everyone qualifies for it. The good news is that if another financial institution offers you a lower rate than we did, on your auto loan, we’ll match it through our Rate Match program, under these conditions:

  • Rates need to be verifiable and you must provide documentation containing the rate, term, and any other conditions of the offer. Examples may include a dealer purchase contract with the name of the lender, a letter from the lender, or your account statement
  • The rate must be for a new or used auto loan from an institution other than Patelco

Already financed somewhere else? No problem!

Refinance with us within 6 months into your term, and not only can we match the rate and term, we’ll take care of any DMV transfer fees needed to complete the refinance.2

To take advantage of our Rate Match program, call us at 800.358.8228.

Existing Patelco loans do not qualify. All loans are subject to credit approval. Rates, terms, and conditions are subject to change without notice.

  1. APR (Annual Percentage Rate). Auto rates as low as 1.99% APR (floor rate) effective 3/31/2015 require Automatic Transfer Payment from a Patelco Checking Account, otherwise rate is .50% (50 basis points) higher; subject to change without notice. Patelco offers a range of base rates and discounts that depend on factors such as credit history, loan term, purchase channel, Patelco account and loan balances, program designation, vehicle age, and payment type. Actual rates are disclosed to approved applicants in writing prior to loan consummation and may be as high as 12.99% APR. Regardless of discount qualifications, no approved applicant’s rate will be lower than the then-current floor rate. To learn more about rates, terms and available discounts, call 800.358.8228, visit patelco.org, or visit any Patelco branch. Loan payment example: $14.75 per month for each $1,000 borrowed at 1.99% APR for 72 months.
  2. Rate matches on refinanced auto loans are subject to credit requirements.