Rates and offers current as of and are subject to change.

*APR = 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. The rate you receive on your loan will be the rate in effect at the time of loan disbursal.

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

New Vehicle Loan Payment Example: $20,000 at % APR; 72 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; 72 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 model year  or newer with less than 7501 miles. Up to 110% financing is available. Vehicle weight and mileage 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. Call 1-800-247-5626 for details.

Financing for 61-72 month term is valid for model year  or newer. Rate depends on term. Vehicle weight and mileage restrictions apply.

PenFed Car Buying Service

PenFed Car Buying Service is available in all 50 states.

Between , the average savings off MSRP presented by TrueCar Certified Dealers to users of the PenFed Car Buying Service, based on users who received in-stock price offers and who TrueCar identified as purchasing a new vehicle of the same make and model as one of the in-stock price offers from a Certified Dealer as of 10/31/2019, was $. 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 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 PenFed brokers, sells, or leases vehicles.

PenFed Automobile Deductible Reimbursement

Requires reporting of completed qualified purchases within 45 days of purchase date. Reimburses what you've paid, if anything, for your automobile insurance deductible when you file a claim on the purchased vehicle within 365 days of registering in program. Covers up to $500 2x a year (service not available in New Hampshire or New York). To learn more about this program see TrueCar's Program Details and Terms and Conditions.