Drive it like you bought it
Low-Rate Auto Loans in St. Louis
When you get an auto loan with us, you get a better deal, plain and simple. With rates as low as possible at Arsenal and terms up to 84 months available, your monthly payments are more affordable. We know you need to get into your car quickly. When you apply online or in person, you’ll receive a quick decision.
Why choose Arsenal?
On top of low rates and flexible terms, you can get $100 cash reward from Love My Credit Union Rewards when you buy a vehicle from Carvana. Here are a few more reasons to finance with us.
-
1
Related costs can be rolled into your loan
We'll finance up to 125% of the purchase price (taxes, dealer handling charges, warranty, credit life/disability insurance) on new vehicles and up to 125% of current NADA retail value on 2014-2021 used models, depending on your creditworthiness.
-
2
Room for your budget to breathe
We know some months can be difficult. With our unique skip-a-pay program, you can postpone your payment once every 12 months, up to five times total, with no penalties. More details.
-
3
No credit history? No problem.
Our first-time borrower program is an excellent way to get a no-credit car loan. We offer a special rate and 60 month terms for those without any previous credit history.
Auto Loan Rates
| APR* | Term |
|---|---|
| 1.99% APR-17.75% APR | 0-36 months |
| 2.74% APR-17.75% APR | 37-48 months |
| 2.99% APR-17.75% APR | 49-63 months |
| 3.74% APR-17.75% APR | 64-72 months |
| 4.49% APR-11.49% APR | 73-84 months |
New auto loan (current and last model year, not titled) - Up to 125% of purchase price financed (including taxes, dealer handling charges, warranty and insurance) based on creditworthiness.
*APR = Annual Percentage Rate, subject to change and based on creditworthiness. Rates as of 4-1-2021.
| APR* | Term |
|---|---|
| 1.99% APR-17.75% APR | 0-36 months |
| 2.74% APR-17.75% APR | 37-48 months |
| 2.99% APR-17.75% APR | 49-63 months |
| 3.74% APR-17.75% APR | 64-72 months |
| 4.49% APR-11.49% APR | 73-84 months |
Current and last year's models previously titled - Up to 125% of current NADA retail value financed (including taxes, dealer handling charges, warranty and insurance) based on creditworthiness.
*APR = Annual Percentage Rate, subject to change and based on creditworthiness. Rates as of 4-1-2021.
| APR* | Term |
|---|---|
| 2.99% APR-18.25% APR | 0-36 months |
| 3.15% APR-18.25% APR | 37-48 months |
| 3.75% APR-18.25% APR | 49-63 months |
| 3.99% APR-18.25% APR | 64-72 months |
| 4.99% APR-11.99% APR | 73-84 months |
Models that are 3-5 years old - Up to 125% of current NADA retail value financed (including taxes, dealer handling charges, warranty and insurance) based on creditworthiness.
*APR = Annual Percentage Rate, subject to change and based on creditworthiness. Rates as of 4-1-2021.
| APR* | Term |
|---|---|
| 3.74% APR-18.50% APR | 0-36 months |
| 4.00% APR-18.50% APR | 37-48 months |
| 4.25% APR-18.50% APR | 49-63 months |
| 4.74% APR-18.50% APR | 64-72 months |
| 5.49% APR-8.50% APR | 73-84 months |
Models that are 6-8 years old - Up to 125% of current NADA retail value financed (including taxes, dealer handling charges, warranty and insurance) based on creditworthiness.
*APR = Annual Percentage Rate, subject to change and based on creditworthiness. Rates as of 4-1-2021.
| APR* | Term |
|---|---|
| 5.25% APR-19.50% APR | 0-36 months |
| 5.25% APR-19.50% APR | 37-48 months |
| 6.75% APR-19.50% APR | 49-60 months |
Older Models (9 years or older) - Up to 90% of current NADA retail value financed
*APR = Annual Percentage Rate, subject to change and based on creditworthiness. Rates as of 4-1-2021.
Calculator
Loan Calculator
Format: 12m, 36m, 3y, 7y