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Low Auto Loan Rate for Louisiana Residents!

July 9th, 2010 Posted in Auto Loans

We just came across a pretty sweet auto loan rate from a credit union in Baton Rouge, Louisiana. Currently, Main Street Financial Federal Credit Union is offering new and used car loans with rates as low as 3.0% APR for terms up to 60 months. Main Street Financial Federal Credit Union (formerly LA DOTD FCU) was established in February 1939. They are a not-for-profit financial institution overseen by a voluntary Board of Directors. Their original mission was to provide comprehensive financial services to Louisiana Department of Transportation and Development (LA DOTD) employees and their families but have since expanded and broadened their overall goals. Today they have 6 locations throughout the state of Louisiana.

Details of New and Used Auto Loan Rate (3.0% APR):

  • Flexible terms (up to 60 months)
  • 100% financing available
  • Payroll deduction/automatic transfers available
  • e-Power Checking qualifiers can receive discounts on GAP Insurance

Also, Navy Federal Credit Union still has their 1.99% APR auto loan promotion available, which you can open (if you are eligible) through their branch in New Orleans. We mentioned this promotion when covering the lowest auto loan rates in North Carolina as well as auto loan promotions in Texas.

Not elegible for the auto loan rates mentioned above? Here are some other noteworthy offers for Bayou residents:

- Geismar Complex Federal Credit Union (Geismar, LA) has a 36 month auto loan with an APR of 2.90%.

- Bank of America has a 36 month auto loan with an APR of 3.19%.

- Capital One (Westwego, LA) has a 36 month auto loan with an APR of 3.14%.

If you live in Louisiana and know of a better new or used auto loan rate offered through your local banking institution, please share by leaving a comment!



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