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Vehicle Loans

Auto loans that put you in the driver's seat to savings!

Vehicle Loans

All EdFed Vehicle Loans include

1Dependent on the type of vehicle and creditworthiness.
2Summer payments are not required for all EdFed vehicle loans if you are presently on a 10-month school payroll plan.
All credit union loans are subject to approval and are granted based on individual creditworthiness, the ability to repay and your credit score.

Auto Loans

New and Used

Financing your next vehicle is easier than you think. With some of the lowest rates in town, flexible repayment terms and additional money-saving features, EdFed can make your loan process stress-free.

Auto Loan Refinancing

Refinance your auto loan with EdFed and lower your monthly payments. Enjoy lower rates and convenient terms to help you save money.

New Vehicles1

Rates start as low as 2.75% APR2

Used Vehicles1

Rates start as low as 2.99% APR2

1An automobile is considered new if it is less than one model year old and has less than 12,000 miles on the odometer. Automobiles that do not meet this requirement are considered used.
2APR = Annual Percentage Rate. Quoted rates assume payments are made electronically, either by payroll deduction, ACH or Automatic Transfer, otherwise, the rates increase by .50% for loans funded by June 30, 2021. All Credit Union loans are subject to credit approval and are granted based on individual creditworthiness, the ability to repay and your credit score. Rates shown may not apply to every borrower. Summer payments are not required if you are presently on a 10-month school payroll plan. Rates quoted are subject to change. The 2.75% rate for new auto loans and the 2.99% rate for used auto loans requires a maximum loan term of 48 months. New Auto Loan Payment Example: 48 payments of $440.48 per $20,000 borrowed based upon a 2.75% APR. Used Auto Loan Payment Example: 48 payments of $442.60 per $20,000 borrowed based upon a 2.99% APR. Longer terms are available and are priced accordingly.

Boat Loans

Enjoy the great outdoors on the high seas with a new or used boat loan from your credit union with flexible terms.

Motorcycle Loans

Feel the freedom of the open road as you cruise on your motorcycle! Whether you're looking for a new or used motorcycle, the Credit Union will help put you behind the wheel with great low rates and flexible repayment terms.

Recreational Vehicle (RV) Loans

RV loans are available for members seeking to enjoy the great outdoors and the open road. Remember, don't shop for your new RV until you get pre-approved for your loan with flexible repayment terms. A Credit Union pre-approved loan gives you financial leverage at any dealership.