Auto & Motorcycle Loans
- Terms up to 84 months**
- Up to 125 percent financing
- Member discounts
Enjoy free car-buying services!
Looking to buy a new or used car, truck, or van or even an RV, boat or motorcycle?
New Vehicle Loans
We'll provide up to 125% financing (based on the appraised value in the Automobile Invoice Service Manual) on any previously untitled or unregistered car, van or light truck you purchase from a licensed dealer.
Used Vehicle Loans
You can borrow up to 125% of the National Automobile Dealers Association (NADA) retail value to buy a used car, truck or van. The repayment term will vary with the age of the vehicle, and the interest rate will adjust accordingly.
Fuel-Efficient Vehicle Loans
We offer a 0.125% APR* Green Auto Loan discount if you choose a U.S. EPA designated SmartWay Certified vehicle. Lots of cars qualify–not just hybrids and small cars.
Current Rates
Auto Loan Rates
Effective Dec 1, 2022| Term | New Auto APR* | Used Auto APR* |
|---|---|---|
| 36 Months | 5.000% | 5.000%† |
| 48 Months | 5.000% | 5.000%† |
| 60 Months | 5.500% | 5.500%† |
| 72 Months | 5.500% | 5.500%† |
| 84 Months** | 6.250% | 6.250%†† |
New Motorcycle Loan Rates
Effective Dec 1, 2022| Term | APR* |
|---|---|
| 36 Months | 7.250% |
| 48 Months | 7.500% |
| 60 Months | 7.750% |
Edmunds Buyers Guide
Edmunds is one of the most respected sources of vehicle information. The buyers guide contains vehicle comparison charts, ratings, safety information, buying advice and more! Get it online at www.Edmunds.comOpens in New Window
Car Cost Guides
The following car-cost guides for new and used vehicles can be found on nadaguides.comOpens in New Window. We encourage you to research them to ensure that you are getting the best value on your new purchase, as well as on your trade-in. Just stop by any of our branches at your convenience and a Member Service Representative will be happy to help you research and to go over your financing options.
New Car Cost Guide: This important publication provides the actual prices dealers pay for most new automobiles, as well as the suggested retail price for each vehicle, available options and wholesale and retail prices.
Used Car Valuation Guide: Official used car guides published by the National Automobile Dealers Association can help you determine the value of the used vehicle you own or the one you are considering buying.
TruStage™ Auto Insurance Program
You trust your credit union to offer products and services to help you do more with what you have. That's why we've joined with a dedicated team of insurance professionals to bring you the TruStage Auto Insurance Program.
Working with carefully selected auto insurance partners, the TruStage Auto Insurance Program can provide discounted rates for credit union members, online services, and 24/7 claims service. If you haven't compared auto insurance lately, it's a great time to take a look. Your credit union membership could result in some nice savings.
Or call 1-855-483-2149 for a quote.
Guaranteed Asset Protection Insurance
A wrecked vehicle can wreck your finances if you owe more on your loan than your insurance will pay.
Guaranteed Asset Protection (GAP) is like an airbag for your vehicle loan. It can help fill the gap between what your vehicle insurance will pay and what you owe on your loan, to cushion you against sudden out-of-pocket expenses if your vehicle is totaled.
Need Help Buying a Car?
Use our learning center to research everything you need before you buy a car.
Get Pre-Approved
Apply for a vehicle loan pre-approval and learn about your financing options before you go to the dealer.
Knowledge is power. Be in the know for financial betterment.
-
Enjoy our 2.02% APY³ Checking — a premium rate 50 times higher than the national average¹
Simple terms, outstanding rate
-
Our members have access to 30,000+ surcharge-free ATMs and 5,000+ shared branches for all basic transaction needs.
Access branches and ATMs nationwide
-
Lafayette Federal HomeAdvantage is a free member service that can help you buy, sell and save on your home.
Save $100s to $1,000s in Cash Rewards*
Federally Insured by NCUAOpens in New Window
Equal Opportunity Employer | E-Verify EmployerOpens in New WindowSite by VisionsOpens in New Window