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Auto loan rates as low as 5.49% APR*+
$250 cash bonus

Finance your new car purchase with an affordable Magnifi auto loan.

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Buckle up for a deal like this

Unlock your auto loan's full potential. Finance with Magnifi and upgrade to match the bells and whistles of your dream vehicle.

Auto Loan Promotion
5.49% APR*

Drive away happy with lower payments.

5.49% APR includes 0.50% auto pay discount at the time of loan closing and qualifying credit terms.

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Limited Time Offer
New to Magnifi? Earn up to
$250 checking bonus

Thank you for trusting us with your vehicle financing!

Ready for more perks? Open and maintain a new, active Magnifi checking account and earn up to $250!

Learn More


Drive down payments with an auto loan from Magnifi 

  • New, used or refinanced
  • Local service and expertise with Magnifi's friendly and knowledgeable team
  • Apply in 5 minutes or less
  • Same-day financing available upon qualification
  • Flexible options to fit your budget and lifestyle

Finance your next auto loan with us and we’ll donate 100 pounds of food to a local food shelf.

Giving back to the communities we serve is something Magnifi values and encourages.
Through our 3 Essentials program, Magnifi Financial provides food, shelter, and clothing to those in need.

Learn more about 3 Essentials


Effective Date 3/1/2024

Loan APR as low as
Vehicle (2020 & newer) 5.49%
Vehicle (2016 - 2019) 6.492%
Vehicle (2014 - 2015) 7.494%
Vehicle (2013 - Older) 7.744%

APR = Annual Percentage Rate. Membership qualification is required. Loan fees apply. Rates are subject to change at any time and are based on creditworthiness. Loan payment and Annual Percentage Rate (APR) will vary based on the loan amount, term, collateral, and any fees. Minimum APR loan payment example: $20,000 for 36 months including a $75 doc prep fee, 5.49% APR and a $601.60 monthly payment. Max term varies based on credit score and year of collateral. Rates above include 0.50% discount for auto pay at the time of loan closing and qualifying credit terms. 

What To Expect

  • Apply

    Your first step is to fill out a loan application - online, over the phone or in a branch.

  • Get Pre-qualified

    After you apply, we'll contact you to get you pre-qualified for a specific loan amount.

  • Go Shopping

    Now for the fun part... go find your perfect vehicle that fits your pre-qualified loan amount!

  • Drive Home Happy

    Drive away knowing you got the best loan available from your local credit union.

Vehicle Buying Resources

Vehicle Affordability Calculator

Use our calculator to see how much you can afford.

Open Calculator

Frequently Asked Questions

Answer the important questions first.

Open FAQ

Extra Protection

Get additional protection with GAP Protection & Route 66 Extended Warranty.

Learn More

Get Started

Apply online

Apply Online

Purchase a new/used vehicle:

Apply Now

Refinance an auto loan: 

Apply Now

Refinance an auto loan and get cash out: 

Apply Now

Visit a local Magnifi Financial branch

Local Branch

Magnifi Financial has 25 local branches throughout Minnesota.

View Locations

Contact a Magnifi Financial team member

Contact Us

Talk to a Magnifi Financial team member. View Hours

Call Us

Schedule An Appointment for a Virtual or In-Person Meeting

Other Loan Options

Rec Vehicles

Low-rate financing on new and used vehicles.

Learn More

Personal Loans

Loans for any type of purpose.

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Credit Cards

Rates that start low and stay low.

View Cards

To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account.
What this means for you: When you open an account, we will ask for your name, address, date of birth, and other information that will allow us to identify you.
We may also ask to see your driver’s license or other identifying documents.


*Offer applies to any personal new or used automobile loan (2020 or newer) through direct loans or indirect lenders. Other rates and terms available. Offer available on purchases or refinances. Offer cannot be added to any existing Magnifi loan. Cannot be combined with any other offers. Offer valid on loan applications submitted March 1, 2024 – May 31, 2024. Magnifi reserves the right to terminate promotion at any time. Limited time offer. Other restrictions may apply. Ask for details. 

Minimum APR loan payment example: $20,000 for 36 months including a $75 doc prep fee, 5.49% APR and a $601.60 monthly payment. Max term varies based off credit score and year of collateral.

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Join the Magnifi Family!

At Magnifi, you're not just a member-owner of an award-winning credit union, you become part of the Magnifi family and receive all the benefits and perks you need to succeed financially.

Am I Eligible? Become a Member