Auto Loans At LorMet Credit Union

Convenient Loan Payment Options

Convenient Online Loan Payment

Make a free online loan payment using your checking account from another financial institution using our Loan Payment Portal.

Pay Now

Set Up Direct Payment

Have us set up an automatic monthly payment to ensure your payment is always on time. Just complete this one-time form!

Online Banking & Mobile App

Paying with a LorMet Checking or Savings Account? Make a one-time payment with the LorMet Mobile App or Online Banking.

VEHICLE

Auto Loan Rates As Low As 6.64% APR^*

No Prepayment Penalty
Finance a term of up to 78 months for new and used
Up to 115% financing on new vehicles
Make payments easily online or with the LorMet Mobile App

* APR = Annual Percentage Rate

Auto loan calculator Apply online

The Best New And Used Car Dealers

Visit LorMet’s preferred local dealerships for a unique car-buying experience

Nick Abraham Auto Mall Buick GMC new slider

0 +

Years Of Experience

$ 0 +

Million in Assets

0 K+

Loyal Members

$ 0 +

Billion Loans Granted

Vehicle Loan Rates

Explore our low rates for both new and used vehicles

Loan Type	APR*	Term
New Auto	as low as 6.64%	Up to 78 months
Used Auto	as low as 6.88%	Up to 78 months
New Motorcycle	as low as 6.64%	Up to 72 months
Used Motorcycle	as low as 6.88%	Up to 72 months
New Boat	as low as 6.64%	Up to 72 months
Used Boat	as low as 6.88%	Up to 72 months
New Jet Skis, Snowmobiles, & ATV’s	as low as 6.64%	Up to 72 months
Used Jet Skis, Snowmobiles, & ATV’s	as low as 6.88%	Up to 72 months

*APR = Annual Percentage Rate. Rates and terms subject to change without notice – the information provided does not constitute a loan commitment. All loans are subject to underwriting policy and guidelines, credit verification, and credit repayment history. Rates effective as of February 1, 2025.

Rates quoted are offered depending on the individual’s credit score. Qualifying factors include, but are not limited to, vehicle mileage, negative equity allowances, amount, and condition. TransUnion FICO Auto Enhance Score of 740 or above is required for LorMet’s lowest possible rate. Vehicles currently financed with LorMet are excluded from this offer. The APR listed above is for in-person direct member financing, which includes a loan documentation fee and maximum term financing. Indirect or on-site dealership financing offered by LorMet may have slightly higher APRs for new members. Not all applicants will qualify for the lowest APR or maximum term. All loans are subject to underwriting policy and guidelines, credit verification, and credit repayment history. Advertised rates and terms are subject to change without notice. Other rates and terms are available.

Loan payment example: For $25,000 borrowed at 6.64% APR for a term of 78 months, the monthly payment would be approximately $395.51. APR and payment may vary for other loan amounts and repayment terms. Calculate loan payment examples using our Loan Payment Calculator.

Lease Buyout, Car Refinance and More

Enjoy additional benefits as a LorMet member customer

Refinance
Your Car

Private Owner Purchase

Motorcycles

ATVs, Boats & RVs

Lease Buyout Financing

Refinance
Your Car

Car Refinance Loan Rates

Take advantage of our low rates! Refinancing your loan from a different auto lender could lower your monthly payments.

I’m a Member Not a Member

Private Owner Purchase

Private Owner Purchase Loan Rates

Buying a car online or from a family member? We pay the lien!

I’m a Member Not a Member

Motorcycles

Motorcycles Loan Rates

Ready to own the open road? We have the low rates and lending experience to kick-start your next joyride.

I’m a Member Not a Member

ATVs, Boats & RVs

ATV, Boat & RV Loan Rates

Get ready for your next adventure! No matter how you travel, we have the low rates and lending experience to get you on the road or at the campsite in no time at all.

I’m a Member Not a Member

Lease Buyout Financing

Lease Buyout Loan Rates

Navigate your lease buyout with the help of our experienced loan officers. We can help you stay in the car you know and love!

I’m a Member Not a Member

Low APR vs Rebate

Find the best deal for you using our Low APR vs. Rebate Calculator

Estimate your payments

89
Years Of
Existence

Tim Alcorn, Radio Voice of the Cleveland Cavaliers

My children have all had Auto Loans through LorMet. It was outstanding, I’ll never forget that.
Read Full Member Testimonial

Tim Alcorn, Radio Voice of the Cleveland Cavaliers

My children have all had Auto Loans through LorMet. The way my kids were treated made me feel so special. It was outstanding, I’ll never forget that.

Raymond Starr

LorMet made it really easy for car loans, the interest rates were up front and posted.
Read Full Member Testimonial

Raymond Starr

LorMet made it really easy for car loans, the interest rates were up front and posted. Transferring from a lease to buyout the lease, they told us exactly what we needed to do. It’s local, its easy to deal with it, pretty much straightforward after you finish out the application.

Niya Knox

They gave me the best info about how my money was going to work for me.
Read Full Member Testimonial

Niya Knox

They gave me the best information about how my money was going to work for me. You cannot choose a better financial institution, you cannot choose a better family to join!

Kevin Guzay

It was very reassuring to know, when getting a loan that they really will stick up for you.
Read Full Member Testimonial

Kevin Guzay

It was very nice, very reassuring to know, whether you’re banking or getting provided a loan through here that they really will stick up for you, and they’ll help you. I’m just very thankful and appreciative of Justin and of LorMet for everything they did. And if you’re looking for a loan, I’d say check them out first.

Bob Setlock

We’ve banked in many communities, this is the best we’ve ever belonged to.
Read Full Member Testimonial

Bob Setlock

We’ve been banking in many different states and many different communities throughout the years, this is the best one we’ve ever belonged to, it really has made a difference. For people out there who maybe want to make a change, I really recommend LorMet because of what I perceive to be a very positive culture that has seemed to have grown here, the people are very nice and it makes all the difference in the world.

Auto Loans At LorMet Credit Union

Convenient Loan Payment Options

Convenient Online Loan Payment

Set Up Direct Payment

Online Banking & Mobile App

Auto Loan Rates As Low As 6.64% APR*

* APR = Annual Percentage Rate

The Best New And Used Car Dealers

Years Of Experience

Million in Assets

Loyal Members

Billion Loans Granted

Vehicle Loan Rates

Important Disclosures and Information

Lease Buyout, Car Refinance and More

Car Refinance Loan Rates

Low APR vs Rebate

Leaving LorMet.com

Auto Loan Rates As Low As 6.64% APR^*