automobile keys on a table/desk

Auto Loans

Whether you're purchasing a new vehicle, buying a used car, or refinancing an existing loan, Citizens Independent Bank is here to help make the process simple and straightforward. With local decision making, competitive financing options, and personalized support, you can move forward with confidence. 


Flexible Financing for New, Used, and Refinanced Vehicles.

 
Unlock the power of financing that fits your goals. Whether you're shopping for your next vehicle or looking to reduce your current payment, CIB offers flexible loan options designed around your budget, timeline, and needs.

Benefits

  • Fast local loan decisions. 
  • Potential automatic payment discount. 
  • Finance or refinance new and used vehicles. 
  • Flexible terms tailored to your budget. 
  • Pre-qualification options that can strengthen dealership negotiating power. 
  • Opportunity to lower monthly payments through refinancing. 
  • Competitive rates and terms.* 
 

Why Work With CIB?

Buying a vehicle is a significant decision, and having a local lending partner can make all the difference. Our team takes the time to understand your goals and help you find a financing solution that works for your situation. 


 
Type Fixed Rate Term (Months)
New Car 2023 and Newer with Auto Debit 7.50% 60
New Car 2023 and Newer Without Auto Debit 7.75% 60
Used Car 2018 - 2022 With Auto Debit 8.00% 60
Used Car 2018 - 2022 Without Auto Debit 8.25% 60
Used Car 2017 & Older with Auto Debit 8.50% 48
Used Car 2017 & Older without Auto Debit 8.75% 48




















































*Advertised “as low as” annual percentage rates (APR) assume excellent borrower credit history. Your actual APR may differ and will be based upon several factors, including credit history, loan type, model year, term, and loan amount. Rates subject to change. 












    We provide personal banking, business banking, mortgage lending, and financial services to businesses and individuals across the western Twin Cities. Explore our local banking locations in Saint Louis Park, Robbinsdale, Hopkins, and Plymouth to find the branch most convenient for you.