All Loans > Auto Loans > Peopleschoice Credit Union Auto Loans Calculator
Important disclosure

PeoplesChoice Credit Union Auto Loan Calculator, Interest Rates & Overview

Carla Soto
Carla Soto
Updated 17 October 2023
Fact checked

PeoplesChoice Credit Union auto loans overview

PeoplesChoice Credit Union logo

PeoplesChoice Credit Union was founded in 1963 and has multiple branches across Maine. PeoplesChoice provides affordable vehicle financing choices with longer repayment terms and no late payment fees. Plus, members can also finance other vehicle types, including recreational vehicles, boats, motorcycles, snowmobiles, and more.

Want to see what a PeoplesChoice auto loan will cost? Try the PeoplesChoice Credit Union auto loan calculator below! All you have to do is enter your desired loan amount and term to see an estimate. You can use the calculator to adjust your loan amount and term to see how it might affect your monthly repayments.

Key PeoplesChoice Credit Union auto loan features

  • Minimum loan amount: Undisclosed.
  • Maximum loan amount: Up to 120% of the NADA retail value or MSRP.
  • Interest rates: From 6.49% APR.
  • Loan terms: Up to 84 months.
  • Loan fees: No late payment fees.
  • Discounts: Undisclosed.

PEOPLESCHOICE AUTO LOAN OPTIONS

New and used auto loans

PeoplesChoice Credit Union has competitive loans for pre-owned and new cars. Interest rates range from 6.49% to 18% APR, and repayment periods can extend up to 84 months. Plus, you can finance up to 120% of the NADA retail value or MSRP.

Large recreational vehicle and boat loans

Loans tailored to large RVs and boats are available at PeoplesChoice, too. The starting rate is 9.74% APR, and you can make your loan repayments for as long as 120 months. You can also fund motorcycles, snowmobiles, and more. To know your rates, you can reach out to the credit union.

PeoplesChoice Credit Union auto loan calculator

Provider
Product Information
EST Monthly
Repayment
Interest
Rate
Repayment
Period
Loan
Amounts
Sort loans by

Loan Amount

$25,000

Term

60 months

Change
PeoplesChoice Credit Union

PeoplesChoice Credit Union auto loan

PeoplesChoice Credit Union auto loan
Estimated Month Repayments
$595 Inclusive of fees
Interest Rate
15.00%
APR
Repayment Period
12 months
to 72 months
Loan Amounts
$5,000
to $100,000
GO TO SITE
Get a low interest rate PeoplesChoice Credit Union auto loan
Featured
Achieva Credit Union

Achieva - New Auto Loan

Estimated Month Repayments
$437 Inclusive of fees
Interest Rate
1.89%
APR
Repayment Period
12 months
to 84 months
Loan Amounts
$5,000
to $100,000
GO TO SITE
Low fixed interest rates. Flexible terms. Same-day approvals. No hidden fees.
Featured
Bank of America

Bank of America auto loan

Estimated Month Repayments
$595 Inclusive of fees
Interest Rate
15.00%
APR
Repayment Period
12 months
to 72 months
Loan Amounts
$5,000
to $100,000
GO TO SITE
Get a low interest rate Bank of America auto loan

SeeLoans.com provides factual information about financial products. While SeeLoans.com attempts to make a wide range of products and providers available, it may not cover all the options available to you. Moreover, we cannot be responsible for changes made to this information by product providers and/or inaccurate information obtained from a product provider. All product information comes from the product provider or publicly available information and to the best of our knowledge is correct at the time of publishing. The information published on SeeLoans.com is general in nature only and does not consider your personal objectives, financial situation or particular needs and is not recommending any particular product to you. If you decide to apply for a product, you will be dealing directly with that provider and not with SeeLoans.com. SeeLoans.com recommends reading the relevant product disclosure statement or product guide before taking up any financial product offer. Please view SeeLoans.com's Terms of Use for more information.

Minimum and maximum loan periods vary between 1 month and 10 years. Annual Percent Rates (APR) vary between 4.99% and 35.99% p.a. Total interest repayments vary between $592 and $916 over the life of the loan. *APR is based on an unsecured loan of $20,000 over a term of 3 years. WARNING: This APR is true only for the examples and may not include all charges. Different terms, fees or loan amounts might result in a different APR. These rates can change without further notice.

How to apply for a PeoplesChoice auto loan

Eligibility criteria

PeoplesChoice Credit Union doesn’t disclose the standards for vehicle financing, but you should commonly be:

  • A PeoplesChoice member
  • 18 years old or older
  • A legal resident
  • Employed or have a stable income

To improve your chances of being eligible, build your credit profile, too. A high credit score can help you qualify for the credit union’s lowest rates. In turn, you can save more on the overall interest charges.

How to join PeoplesChoice Credit Union

PeoplesChoice membership is open to:

  • Anyone who lives, works, or goes to school in Cumberland County or York County
  • Immediate families of PeoplesChoice members

What you’ll need to have ready

Personal details

When you apply for auto financing with PeoplesChoice Credit Union, you’ll be asked to provide personal information such as:

  • An email address
  • Your full name
  • Address
  • Social Security number
  • Employment information
  • Income details
  • U.S. citizenship status
  • A list of monthly expenses

Documents

You may need to provide PeoplesChoice with additional documents to complete your loan request. These documents may include a purchase agreement or bill of sale, car registration and title, instructions for buying out a lease, proof of income (such as federal tax returns and W-2s), and financial statements.

Aside from the documents, make sure you’re also familiar with the steps for getting a car loan. Understanding how the process works can make the application simpler and give you more confidence in negotiating your rates and terms.

Ways to apply for a PeoplesChoice auto loan

  • Apply online by clicking the GO TO SITE link in the table below
  • Visit a branch
  • Call 207-282-4156

Additional PeoplesChoice Credit Union auto loan details

  • Automatic payment: Available.
  • Repayment frequency: Monthly.
  • Late payment fees: None.
  • Prepayment penalty: Undisclosed.
  • Co-borrowers allowed: Yes.
  • Co-signers: Undisclosed.
  • Hardship program: Skip-a-pay available. (Learn more)
  • Ways to repay: Online payment center, mobile app, and phone banking.

Vehicle restrictions and limitations

  • Maximum vehicle age: Undisclosed.
  • Maximum vehicle mileage: Undisclosed.
  • Other vehicle restrictions: Undisclosed.

PROS AND CONS

Pros

  • Flexible repayment periods.
  • Up to 120% financing.
  • No late payment fees.
  • Co-applicants allowed.
  • Competitive rates.
  • Purchase and refinance available.
  • Online and dealership applications allowed.
  • Local partner dealerships.
  • Loans available for new and pre-owned cars, RVs, motorcycles, boats, snowmobiles, and more.

Cons

  • Undisclosed vehicle requirements.
  • Membership required.
  • Possible down payment requirements based on creditworthiness.

FREQUENTLY ASKED QUESTIONS

How do PeoplesChoice Credit Union auto loans work?

Apply online or at a partner dealership, and PeoplesChoice will work with you or the dealership. Once your loan application is approved, either the dealership will arrange the pickup of your car or PeoplesChoice will connect you with a dealership.

How much interest does PeoplesChoice charge on car loans?

PeoplesChoice offers new and used vehicle loans ranging from 6.49% to 18% APR.

What is the maximum length of a PeoplesChoice auto loan?

You can make your car loan payments for up to 84 months.

What information do I need to provide when applying for a PeoplesChoice car loan?

PeoplesChoice Credit Union will require your personal and contact details as well as information on your reference. You also need to provide details about your gross monthly income, employment, and declaration of past obligations.

Where can I apply for a PeoplesChoice auto loan?

You can conveniently apply for a vehicle loan online or at a partner dealership.

How much do I qualify for with a PeoplesChoice vehicle loan?

You can borrow up to 120% of the NADA retail value or MSRP.

Video: PeoplesChoice auto loans – Let us be your co-pilot!

Carla Soto
Carla Soto

Carla is a skilled copywriter at BestFind with a background in marketing and communications. She specializes in reviewing personal loan and finance products to help readers navigate the complex world of personal finance.

.

Seeloans.com provides factual information in relation to financial products. While Seeloans.com attempts to make a wide range of products and providers available, it may not cover all the options available to you. Moreover, we cannot be responsible for changes made to this information by product providers and/or inaccurate information obtained from a product provider. All product information comes from the product provider or publicly available information and to the best of our knowledge is correct at the time of publishing. The information published on Seeloans.com is general in nature only and does not consider your personal objectives, financial situation or particular needs and is not recommending any particular product to you. If you decide to apply for a product you will be dealing directly with that provider and not with Seeloans.com. Seeloans.com recommends that you read the relevant product disclosure statement or product guide before taking up any financial product offer. For more information please see Seeloans.com’s Terms of Use and Services Guide.

© 2025 Seeloans.com