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.
2. Lock in Savings
Once you find the car you like, connect with a Certified Dealer by completing the contact form to see your membership pricing.
3. Apply Online
Give PenFed a call when you have selected your vehicle to finalize your financing, and your check and loan documents will be on their way.
4. Visit Dealer - Drive Away Happy
Visit your Certified Dealer and test drive your car. Love it? Let the dealership know you have financing approved with PenFed.
Contact us at 800-247-5626 or by email at PenFedAuto@PenFed.org to finalize your Car Buying Service Auto Loan.
BENEFITS OF THE PENFED CAR BUYING SERVICE

Savings
Average member savings of over $ off MSRP on new cars

Additional Cash Incentives
Members-only cash back offers from select manufacturers

Loan Discount
Rates as low as % APR* on new cars up to 36 months

Buyer’s Bonus
Up to $1,000 in auto deductible reimbursement for buyers
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.
New Vehicle Loan Payment Example: $20,000 at % APR; 36 monthly payments of approximately $
New Vehicle Loan Payment Example: $20,000 at % APR; 60 monthly payments of approximately $
Used Vehicle Loan Payment Example: $20,000 at % APR; 60 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 125% financing is available in the U.S. Up to 110% financing is available in Puerto Rico and Virgin Islands. 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 JD Power value. Financing is available up to the JD Power valuation plus tags, title, taxes and extended warranties not to exceed 125% in the U.S. Up to 110% financing is available in Puerto Rico and Virgin Islands. Some restrictions apply. Call 1-800-247-5626 for details.
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 experienced by consumers who connected with a TrueCar Certified Dealer through the Pentagon Federal Credit Union Auto Buying Program and who were identified as buying a new vehicle from that Certified Dealer 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 many vehicles are sold below MSRP. Each dealer sets its own pricing.
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.
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.
LEARN MORE »
Extended Warranty
PenFed's Extended Warranty can extend your auto manufacturer's warranty by picking up where that policy leaves off.
LEARN MORE »
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.
LEARN MORE »
Discounted vehicle pricing and auto loan rates when you purchase through
PenFed Car Buying Service
POWERED BY

DISCOUNTED NEW CAR RATES
36-month term
RATES AS LOW AS
60-month term
RATES AS LOW AS
DISCOUNTED USED CAR RATES
60-month term
RATES AS LOW AS
72-month term
RATES AS LOW AS
Exclusive manufacturer offers for PenFed memberships established for a minimum of 60 days.
Up to $2,000 Bonus Cash
Up to $500 Bonus Cash
Up to $500 Bonus Cash
Up to $1,000 Bonus Cash
Up to $500 Bonus Cash
Up to $500 Bonus Cash
Up to $500 Bonus Cash