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Serving members worldwide since 1935.

Classic Car & Restoration Loans

  • Terms up to 120 months
  • Up to 70 percent financing
  • Member discounts

Full Rate Details

Gear up to finance the vehicle of your dreams with the hassle-free convenience, low rates, and excellent service that you know and love.

Classic Vehicle Loans

We'll provide up to 70% financing (based on the appraised value according to valuation sources**) on any classic, antique, or vintage vehicle, including exotics, hot rods, muscle, and kit cars.

Vehicle Restoration Loans

You can borrow up to up to $50,000 towards your vehicle restoration or modification costs. The repayment term will vary with the age of the vehicle, and the interest rate will adjust accordingly.

Current Rates

Classic Vehicle Loan Rates

Effective Oct 1, 2021
Term APR*
60 Months 3.750%
72 Months 4.000%
84 Months 4.250%
120 Months 4.500%
*APR = Annual Percentage Rate. Stated APR is the lowest rate available for qualified members and reflects 0.25% discount for Direct Deposit and automatic debit of loan payment from Checking Account with Lafayette Federal. Actual rate may be higher based on income, credit worthiness, and loan to value. Down Payment/Loan to Value Requirements: Purchase: 30% of purchase price; Refinance: 70% of value. **Valuation sources include, but are not limited to, Black Book, Sports Car Market, Manheim Auctions, Gold Book and Old Cars Price Guide.

Vehicle Restoration Loan Rates

Effective Oct 1, 2021
Term APR*
60 Months 6.250%
72 Months 6.500%
84 Months 6.750%
*APR = Annual Percentage Rate. Stated APR is the lowest rate available for qualified members and reflects 0.25% discount for Direct Deposit and automatic debit of loan payment from Checking Account with Lafayette Federal. Actual rate may be higher based on income, credit worthiness, and loan to value.


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.

Have questions? Just ask.

Full Rate Details

  • 1% Checking Q2 2021

    Enjoy our 1.00% APY² Checking Account Bonus — earn an outstanding rate with simple terms.

    Maximize your hard-earned dollars

  • Classic Car Mini Ad

    We're excited to announce that our NEW classic vehicle and restoration loans are available now!

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