Vehicle Loans

Auto Loans

We're 37% Lower!
BFCU2.990% APR
Boston Metro average
4.783% APR
Save up to $962 on a New/Used Car - 48 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 11-14-2018
Credit Score 48 Month Rate/APR1 48 Month Payment Example/$1,000 60 Month Rate/APR2 60 Month Payment Example/$1,000 72 Month Rate/APR3 72 Month Payment Example/$1,000 Alert Me
750 + 2.99% $5.11/week 3.25% $4.17/week 3.25% $3.53/week
700 - 749 3.99% $5.21/week 4.25% $4.27/week 4.25% $3.64/week
650 - 699 4.99% $5.31/week 5.25% $4.38/week 5.25% $3.74/week
600 - 649 6.99% $5.52/week 7.99% $4.67/week 7.99% $4.04/week
550 - 599 7.99% $5.62/week 8.99% $4.78/week 8.99% $4.15/week
< 550 10.99% $5.95/week 11.99% $5.12/week 11.99% $4.50/week
APR = Annual Percentage Rate
Rate reflects .50% discount for automatic payments from your BFCU account. Rates may vary based on individual credit score. No pre-payment penalties.
  • 1Older than 2013 Up to 48 Months
  • 22013 - 2014 Up to 60 Months
  • 32015 - New Model 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 2.99% $102.03 208 $21,222.15
$20,000 60 Months 3.25% $83.35 260 $21,670.53
$20,000 72 Months 3.25% $70.56 312 $22,013.74

Table data for New/Used Boat
 Rates Effective 11-14-2018
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