USED AUTO LOANS
APPLY NOW

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

Car Icon

 

Used Auto Loans

Afford more with these simple,
low-cost used auto loans.

 

APPLY NOW

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

RATES

APR as low as* TERM LOAN AMOUNT APPROX. LOAN PMT.
($20,000 loan)
%
36 mos $ - $ $
%
48 mos $ - $ $
% 60 mos $ - $ $
% 72 mos†
$ - $ $

*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. Not all applicants will qualify for the lowest rate. Rates quoted assume excellent borrower credit history. Loan payment estimates based on a $20,000 auto loan. †Rate valid for model years - .

FEATURES & BENEFITS

  • Loan amounts up to $100,000
  • Easy online application
  • Quick approvals

  • Rates available on all model years up to 60 months.
  • 72-month terms available from - .
  • Preapproved auto drafts available to qualified buyers.
Disclosures Print Icon Print

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.

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

Estimate Your Cost

Used Auto Loan Calculator

$
$
$
$

$ a month

Estimated payment (for months at APR)
Purchase Price
Down Payment
$0.0
Trade-In Value
-$0.0
Amount Owed on Trade
+$0.0
 
Total Financed
$
Total Interest
+ $
 
Total Loan
$
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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.

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Extended Warranty

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

 

LEARN MORE »

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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 »

LEARN

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