PAYMENT SAVER AUTO LOANS

Detour: We are not currently accepting Payment Saver Auto Loan applications

Check out other great auto loan options below.

Explore affordable financing options that include:

Terms up to 84 months 

Financing up to $150,000 

Receive an offer in just a few minutes 

No prepayment penalty

New Auto Loans

Get a great rate on your next auto loan and shop anywhere. Rates as low as % APR*.

Not a problem, anyone can join. Apply now and we'll create your membership during this application.

Used Auto Loans

Get the car you want with the payment you need. Finance up to 72 months.

Not a problem, anyone can join. Apply now and we'll create your membership during this application.

Disclosures

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 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 $15,000 for 61-72 month term. Minimum loan amount $20,000 for 73-84 month term. Rate also depends on term.

Loan Payment Example: A $20,000 new auto loan financed at % APR would amount to 60 monthly payments of approximately $ each.

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.

Loan Payment Example: A $20,000 used auto loan financed at % APR would amount to 72 monthly payments of approximately $ each.

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