* APR = Annual Percentage Rate. Rates quoted are valid as of the effective date of this publication and are subject to change at any time. Call 1-800-CR-UNION or visit connexcu.org for current rates. An APR of 2.24% is for a new auto loan with a 3 year term and payments of $28.76 per thousand borrowed. An APR of 2.54% is representative of a used auto loan with a 3 year term and payments of $28.91per thousand borrowed. Rates are determined by your credit history and term. Additional conditions apply based on Connex CU Lending Policy. Older used vehicle terms and rates also available. This payment deferment loan promotion applies to applications made directly with Connex Credit Union. Currently posted New and Used Automobiles rates apply. Promotion restrictions apply and subject to credit approval. Offer not available for existing Connex Credit Union loans. Offer is available through June 30, 2018. Deferment will occur in the first 2 months on new and used auto loans approved. Interest will accrue during the deferment period. The first payment must be received upon completion of the 2 month “no payment” period. The initial payment(s) made on the loan will be applied first to accrued but unpaid finance charges before being applied to principal. .