Discounted vehicle pricing and auto loan rates when you purchase through

PenFed Car Buying Service

36-month term RATES AS LOW AS % APR*
60-month term RATES AS LOW AS % APR*
36-month term RATES AS LOW AS % APR*
60-month term RATES AS LOW AS % APR*
Features and Benefits
  • Over $ average savings off MSRP**
  • Special Cash Back offers from select car brands

How the Car Buying Service Works

save with carbuying service

1. Search for a New or Used Car

New: Find the new car you want - and see what others are paying.

Used: Search the extensive inventory for the perfect used car.

access to more incentives

2. Lock in Savings

Once you find the car you like, connect with a Certified Dealer by completing the contact form to see your member pricing.

get great loan rates with carbuying service

3. Apply Online

Get approved and secure financing before heading to your Certified Dealer. 

earn buyers bonus in reimbursement  benefits

4. Visit Dealer - Drive Away Happy

Visit your Certified Dealer and test-drive your car.  Love it? Sign the paperwork  to make it yours- no haggling required! 




completing a transaction on the cellphone

Enjoy over $1,000 worth of additional benefits

Including Automobile Deductible Reimbursement1 & Auto Expert Opinion.


soldier saluting

PenFed Member Discounts up to $ on select Mercedes-Benz vehicles

Receive incentives only when you login.



Apply before becoming a member.

After your application, we’ll help you:

1. Discover you’re eligible to become a PenFed member

2. Open a Savings/Share Account and deposit at least $5

DISCLOSURES: Print Icon Print

Rate and offer current as of  and are subject to change. Promotional rate is not available to refinance existing PenFed car loans.

*Annual Percentage Rate. Your actual APR will be determined at the time of disbursement and will be based on your application and credit information. Rates quoted assume excellent borrower credit history. Not all applicants will qualify for the lowest rate.

New Vehicle Loan Payment Example: $25,000 at % APR; 36 monthly payments of approximately $

New Vehicle Loan Payment Example: $25,000 at % APR; 60 monthly payments of approximately $

Used Vehicle Loan Payment Example: $20,000 at % APR; 36 monthly payments of approximately $

Used Vehicle Loan Payment Example: $20,000 at % APR; 60 monthly payments of approximately $

New Auto Loans: Loan rate applicable to new vehicles only. New vehicles are where you are the original owner and the untitled vehicle is a current () or prior model year(s) (). Up to 110% financing is available.  Vehicle weight restrictions apply.  Minimum loan amount is $ for 61-72 month term.   Rate also depends on term.

Used Auto Loans: Maximum used car loan advance will be determined by PenFed using a NADA value. Financing is available up to NADA average retail value plus tags, title, taxes and extended warranties not to exceed 110%. Some restrictions apply.  Minimum loan amount is $  for 61-72 month term. Financing for 61-72 month term is valid for model years  - .

Rate also depends on term. Other restrictions including vehicle and mileage limitations may apply.


PenFed Car Buying Service
PenFed Car Buying Service is available in the continental U.S. and Hawaii.
**Between , the average savings off MSRP presented by TrueCar Certified Dealers to users of TrueCar powered websites, based on users who configured virtual vehicles and who TrueCar identified as purchasing a new vehicle of the same make and model listed on the certificate from a Certified Dealer as of 10/31/2017, was $3,383, including applicable vehicle specific manufacturer incentives. Your actual savings may vary based on multiple factors including the vehicle you select, region, dealer, and applicable vehicle specific manufacturer incentives which are subject to change. The Manufacturer's Suggested Retail Price ("MSRP") is determined by the manufacturer, and may not reflect the price at which vehicles are generally sold in the dealer's trade area as not all vehicles are sold at MSRP. Each dealer sets its own pricing. Neither TrueCar nor Pentagon Federal Credit Union does not broker, sell or lease motor vehicles.

GAP Protection

Typical car insurance covers damage and theft. But what if your loan is more than the value of your vehicle? PenFed’s GAP Protection covers that difference.


Find Extended Warranty

Extended Warranty

PenFed's Extended Warranty can extend your auto manufacturer's warranty by picking up where that policy leaves off.


Debt Protection

Life is unpredictable. With PenFed Debt Protection, your family's financial security is protected in the event you're unable to make timely payments.


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