Tel: (617) 288-2420

Vehicle Loans

Auto Loans

We're 40% Lower!
BFCU2.490% APR
Boston Metro average
4.144% APR
Save up to $1108 on a New/New Car - 60 Mo
Apply Now

Looking to buy a new or used car, boat or motorcycle?

Here's how we can put you in the driver's seat for savings:

  • Borrow up to 100% of the purchase price for a new auto or up to 100% of the Kelly Blue Book Value for a used auto.
  • Borrow up to 80% of the NADA Book Value of a new or used boat.
  • Sales tax and associated fees can also be added to the amount financed
  • Take advantage of a low annual percentage rate

Refinance Requirements

  • Loan coupon book/statement with the loan account number, name/address/phone number of the other financial institution.
  • Copy of registration
  • 10-day payoff, with the per diem

Table data for New/Used Auto and Motorcycle
 Rates Effective 10-20-2020
Up to 60 Months Rate/APR 60 Month Payment Example/$1,000 Up to 72 Months Rate/APR 72 Month Payment Example/$1,000 Alert Me
As low as 2.49% As low as $4.10/week As low as 2.99% As low as $3.51/week
And up to 9.99% And up to $4.92/week And up to 10.49% And up to $4.36/week
APR = Annual Percentage Rate
Payment examples are approximate. Rate reflects .50% discount for automatic payments from your BFCU account. Rates may vary based on individual credit score. No pre-payment penalties.
Older than 2015 - Up to 48 Months
2015 - 2016 - Up to 60 Months
2017 and Newer - Up to 72 Months

 

Table data for New/Used Auto and Motorcycle Payment Examples
 
Loan Amount Term APR Weekly Payment # of Weekly Payments Total of Payments Alert Me
$20,000 48 Months 2.49% $101.19 208 $21,047.47
$20,000 60 Months 2.49% $81.95 260 $21,305.33
$20,000 72 Months 2.99% $70.16 312 $21,889.22

Table data for New/Used Boat
 Rates Effective 10-20-2020
Term Rate APR Payment Example per $1,000 Alert Me
6 years 7.99% 7.99% $4.06/Week Receive a notification when this rate changes
APR = Annual Percentage Rate
Rate reflects .50% discount for automatic payments from your BFCU account.

Table data for New/Used Boat Payment Example
 
Amount Term APR Weekly Payment Amount # of Weekly Payments Total of Payments Alert Me
$20,000 6 Years 7.99% $81.12 312 $25,306.74