Vehicle Loans

Whether you’re purchasing your first car, expanding to fit your ever-growing family needs, or refinancing to lower your payment, CDC Federal Credit Union has the right auto loan for you. Competitive rates, flexible terms and same day closings are just a few of the benefits we offer to make your auto purchase or refinance an easy and positive experience.

It’s a well known fact that members save more money by financing through their credit union instead of a bank or dealership.  And smart shoppers know that if an offer seems to good to be true, it probably is.  It’s a always a good idea to get pre-qualified at the credit union so you’re well prepared when it comes time to negotiate your best deal.

Additional benefits

Up to 100% financing for new and used cars, SUVs, light trucks, and vans

We also offer financing for motorcycles, boats and recreational vehicles.

Choose your own custom payment due date

Choose your own unique payment date that fits within your lifestyle. Whether you want to pay your auto loan in the beginning of the month or the end of the month, it’s your choice.

Skip your payment twice a year

All members with a qualified auto loan are allowed to skip two payments per year. This puts more money in your pocket when you need it. Learn more about Skip-A-Pay

Guaranteed Asset Protection (GAP)

MEMBER’S CHOICE™ Guaranteed Asset Protection (GAP) is an optional protection product made available by the credit union. In the event of a total loss, GAP is designed to cancel the difference between your primary insurance settlement and the outstanding loan balance, up to the contract maximums. For more information, call or visit the credit union.

Mechanical Repair Coverage (MRC)

Mechanical Repair Coverage can help you limit the cost of covered vehicle breakdowns. For more information, call or visit the credit union.

Credit Life and Disability Insurance

Credit Life and Credit Disability Insurance is available with most loans. This optional coverage is underwritten by CMFG Life Insurance Company. Please ask your credit union loan officer for details.

Applying for an auto loan is easy

You can apply for your auto loan 24 hours a day 7 days a week using our online application and we will respond to your application within 24 hours (except weekends). If you prefer to speak to a representative in person, call 800-245-9655 or visit one our convenient locations.

The application should take only a few minutes, and you will need the following items:

  • Valid Driver’s license or passport
  • Member number
  • U. S. Social Security Number
  • U. S. citizenship or resident alien status
  • Current income & debt information

Car Buying Service

The car you want delivered right to your door!

Need help finding the perfect car? Check out our car buying services.

Applicants must qualify under normal underwriting guidelines. Rates shown are lowest rates available and may vary depending on loan type, term, applicant credit history and credit union relationship. A relationship discount is offered to all qualified borrowers who maintain an active CDC FCU checking account, debit card, direct deposit and automatic debit. Rates and terms are subject to change.