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New & Pre-Owned Auto Loans

We have an auto loan that’s just right for you. No gimmicks. No hassle. Just great rates and spectacular service, so you’ll drive away happy! 

Whether you want a hot, new car or a pre-owned vehicle that’s new-to-you, we can put you in the driver's seat! 

  • Finance up to 100% of purchase price
  • Competitive low rates 
  • Flexible terms up to 84 months
  • Finance pre-owned vehicles seven model years or newer3
  • No application fees 
  • Buying from a dealership? Contact us to get pre-approved for a great rate!
  • And, receive a 0.25% APR* discount off of our published, non-promotional Auto Loan rate with a Money Market Yield account, direct deposit of any amount into an Advantage Checking account, or direct deposit of $500+/month into a Preferred Checking account. 
  • Optional Debt Protection, GAP, Extended Warranty, and Mechanical Repair Coverage available

Apply NOW Estimate Your Payments Find your next vehicle

New and Used Auto Loan Rates

How would you like the low monthly payments of a lease, but on a new or pre-owned vehicle AND without all the heavy restrictions and hidden costs of leasing?

Sounds impossible? It’s not — with First Northern’s Driving Sense™! 

Monthly payments up to 40% less than conventional financing

Like a lease, Driving Sense offers payments that are considerably lower than conventional financing. But unlike a lease, with Driving Sense you own the vehicle and have all of the flexibility and benefits of vehicle ownership! Other benefits include: 

  • Available on new or pre-owned vehicle purchases, or refinance your existing loan
  • Vehicles up to five years old qualify 
  • Flexible loan terms of up to 72 months  
  • Mileage options from 7,500 to 18,000/year
  • No down payment, no early payoff penalty, no security deposit and no acquisition fees 
  • Easily upgrade and/or change your vehicle every couple of years—or walk away at the end of your term! 
  • GAP coverage is included at no additional cost ($599 value)
  • A one-time program fee of $895 applies which can be paid upfront or financed into the loan1
  • Optional Extended Warranty and Mechanical Repair Coverage available

See how low your auto loan payment can be!

Apply NOW Learn More Calculate Your Monthly Payment 

1 A "High Priced Vehicle Surcharge” may apply based on MSRP, and the surcharge amount varies depending on term

Driving Sense: Loan/Lease Hybrid Rates

Get a better rate, lower monthly payment, or both!

  Apply Now  Calculate Your Savings

Auto Loan Refinancing Rates
New Auto Loans
Term APR*
Up to 29 months As low as 5.84%
30 - 41 months As low as 6.04%
42 - 53 months As low as 6.34%
54 - 65 months As low as 6.54%
66 - 72 months1 As low as 7.04%
73 - 84 months2 As low as 7.54%

Apply Now   Learn More

Pre-Owned Auto Loans (7 model years or newer)
Term APR*
Up to 62 months As low as 6.54%
63 - 66 months As low as 6.84%
67 - 72 months1 As low as 7.04%
73 - 84 months3 As low as 7.54%

Apply Now   Learn More

*APR=Annual Percentage Rate. Subject to credit approval. Rates are subject to Lender’s credit criteria, certain conditions, and restrictions. Your rate and corresponding APR may be higher than the published rate. Rates are subject to change at any time without notice. Your rate will be determined at the time of your application. Repayment Example: A loan of $40,000 at 6.54% APR for 60 months is a monthly payment of $783.40 and total interest of $7,003.74. Late payment fees and processing fees may apply. 

1 Retail value must be greater than $15,000. 2 Retail value and loan amount must be greater than $25,000. 3 Retail value must be greater than $25,000 and vehicle must be 3 model years old or newer.

Driving Sense™: New Vehicles (Purchase or Refinance)
Term APR*
Up to 29 months As low as 5.84%
30 - 41 months As low as 6.04%
42 - 53 months As low as 6.34%
54 - 65 months As low as 6.54%
66 - 72 months1 As low as 7.04%

ApplY NOW Get a Custom Quote Learn More 

Driving Sense: Pre-Owned Vehicles (Purchase or Refinance)
(5 model years or newer)
Term APR*
Up to 62 months As low as 6.54%
63 - 66 months As low as 6.84%
67 - 72 months2 As low as 7.04%

Apply NOW Get a Custom Quote Learn More 

*APR=Annual Percentage Rate. Repayment example for a vehicle priced at $40,000 with a loan amount of $21,500: At 6.54% APR and term of 60 months with the $895 one-time program fee financed into the loan: Payments 1-59 are $444.89 with a 60th/final payment due for the residual value amount of $18,500 (Guaranteed Future Value) and total interest paid of $4,748.63

You have four options to satisfy the final payment, as noted above. If you elect to return the vehicle you will have the following obligations: 1. All original equipment that came with the vehicle when you purchased it must still be with the vehicle. 2. If you exceed your mileage allowance, the excess mileage fee is $.10 per mile, and 3. The condition of the vehicle when returned must comply with the Loan Addendum provided to you at the time of loan disbursement. If you return the vehicle in accordance with the Loan Addendum, you will be charged a low $195 disposition fee and the residual amount is considered to have been fully satisfied and the loan is closed. 

1 Retail value must be greater than $15,000. 2 Retail value must be greater than $15,000 and vehicle must be 5 model years old or newer.

New Auto Loan Refinancing
Includes current and one-year prior model year vehicles refinanced from another lender
Term Promotional APR*
Up to 29 months As low as 5.59%
30 - 41 months As low as 5.79%
42 -53 months As low as 6.09%
54 - 65 months As low as 6.29%
66 - 72 months As low as 6.79%
Pre-Owned Auto Loan Refinancing
Includes vehicles up to 7 model years' old refinanced from another lender
Term Promotional APR*
Up to 62 months As low as 6.29%
63 - 65 months As low as 6.59%
66 months As low as 6.59%
67 - 72 months As low as 6.79%

Apply Now  Learn More

*APR=Annual Percentage Rate. Limited time offer valid for refinancing an auto loan from another lender only. Existing First Northern vehicle loans do not qualify for this offer nor do Driving Sense™ loans, LendPro loans, First-time Car Buyer Program, Credit Rebuilder vehicle loan, Miscellaneous Collateral, and RateGenius loans. Not valid with any other offers or discounts. Subject to credit approval. Rates are subject to Lender’s credit criteria, certain conditions, and restrictions and are subject to change at any time without notice. Rate quoted is the lowest rate for highly qualified applicants. Your rate will be determined at the time of your application and may be higher. Repayment Example: A loan of $40,000 at 5.59% APR for 29 months is a monthly payment of $1,477.78 and total interest of $2,855.60.  **No payments for 90 days is available on conventional auto loan refinancing only, not Driving Sense. Interest accrues from the date of loan disbursal. Title correction fee and other processing fees may apply.