Extended Mileage Loans

Good things come in older packages.

Apply Now

If you’re shopping for a used car and you have your eye on a vehicle that’s either too old or has too many miles to be eligible for our regular used car loan, then an Extended Mileage Loan may be able to get you to your goal.

Up to 100%***

Borrow up to 100% of the retail value established by NADA (Southeastern edition)

10 Years, 100K Miles

Extended Mileage Loans are available for cars that are up to 10 years old and/or have over 100K miles

60 Day Approval

Most loan approvals are good for 60 days (proof of insurance and other paperwork required)

Low Rates

Rates for terms up to 48 months and for terms up to 60 months****

View Our Rates

Extended Mileage Car Loans

Loan Type

Payroll Deduction or Automatic Draft APR*

Non-Payroll Deduction APR*

*APR = Annual Percentage Rate. A used auto with a loan amount of $20,890 at an interest rate of 7.64%, for 60 months, would have a payment of $419.98

**Up to 100% of Purchase Price not to exceed 10% over the Manufacturer’s Suggested Retail Price (MSRP). Loan Rates subject to determination of creditworthiness.

***NADA retail value (based on creditworthiness), 90% of List Price if automobile does not appear in NADA Guide. Maximum age of vehicle: 7 years old. Maximum mileage cannot exceed 100,000 miles. Loan Rates subject to determination of creditworthiness.

****Loan Rates subject to determination of creditworthiness. Up to NADA retail value (based on creditworthiness). Maximum age of vehicle: 10 years old. Maximum mileage can exceed 100,000 miles. Maximum length of loan subject to loan amount:  $10,000+ up to 5 years; $5,000+ up to 4 years; and less than $5,000 up to 3 years.

Loan Type

Extended Mileage (Term: 1-48 Months)**

Payroll Deduction or Automatic Draft APR*

as low as 7.44%

Non-Payroll Deduction APR*

as low as 7.94%

Loan Type

Extended Mileage (Term: 49-60 Months)**

Payroll Deduction or Automatic Draft APR*

as low as 7.64%

Non-Payroll Deduction APR*

as low as 8.14%

Calculators to get you on the road

Get Started

Apply Online
Apply Now
Visit a Financial Center
Find a Location Near You
We're here to help
Get In Touch

You might like ...

Here are a few other resources, pages and articles you might enjoy.

  • Couple driving into sunset

    Should You Buy or Lease Your Next Vehicle?

    The lure of lower out-of-pocket costs for a nicer car is hard to ignore, but is a lease the smartest financial choice? Leases are essentially long-term rentals, typically three to … Continue reading →

  • friends laughing in car

    5 Simple Steps for Smarter Car Buying

    If you’ve ever asked friends or family members for advice before buying a car, you were probably surprised to learn that they are all experts in the art of the … Continue reading →

  • teen driving with mom

    Making the Most of a Test Drive

    At Allegacy Federal Credit Union, we believe in helping you be your best throughout the car buying process, not just the financing. If you’re in the market for another vehicle, … Continue reading →

Back to top Back to top

Disclosures

****Loan Rates subject to determination of creditworthiness. Up to NADA retail value (based on creditworthiness). Maximum age of vehicle: 10 years old. Maximum mileage can exceed 100,000 miles. Maximum length of loan subject to loan amount:  $10,000+ up to 5 years; $5,000+ up to 4 years; and less than $5,000 up to 3 years.