What Can DCU Save You?

Auto Loans

Great values on car, truck, and van financing




  • Features
  • Details
  • Rates
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Picture of Car

New or Used Car Loan Benefits

  • New and used cars, trucks, and vans at the same low rates
  • Great rates and affordable payments
  • Borrow up to 120% of price
  • Finance up to 84 months
  • Save with Relationship benefits and electronic payment

Auto Loan Calculator

*Rate for Free Checking with Relationship benefits and Electronic Payment. For Free Checking with only Basic or Plus benefits, add 0.5%.
Results are an estimate. Your actual rate and payment may vary.

Your Annual
Percentage Rate
at DCU*

1.74%

Estimated Monthly Payments at DCU

$286

800.328.8797 (select 3)

"Best Rate.
Best Service."

Open quote I am very happy with interest rate offered to me and the service is so fast! Close quote

— Kumar, Parma, OH

New and Used Auto Loan Details

  • New or used vehicles at the same low rates – Car dealers and most institutions often charge you more for used – some 20% or more.
  • Borrow for cars, trucks, or vans – Borrow to buy your next vehicle or refinance the one you drive.
  • Great rates and affordable payments – Finance up to 84 months. The longer the loan term, the lower your monthly payment.
  • Borrow up to 120% of Price – Qualified borrowers can finance up to 120% of NADA retail book value or 120% of the purchase price – whichever is less, PLUS DCU GAP and DCU Warranty. DCU will only finance over 100% when it's DCU's GAP and Warranty, not dealer add-ons.
  • Save with Relationship benefits and electronic payment – Save on rates when you qualify for Relationship benefits on your DCU Checking Account and make payments electronically (payment by transfer in Online Banking, Mobile Banking, Easy Touch Telephone Teller, DCU ATM, or internal DCU automatic transfers. Add 0.50% to rate for other payment methods.

Auto Loan Rates*

For New or Used Cars, Trucks, and Vans
Qualified borrowers can finance up to 120% of NADA retail book value or 120% of the purchase price, whichever is less.
Terms / Features Our Best Rates*
  Annual Percentage Rate
(APR)
Estimated Monthly Payment
Per $1,000 Financed
Auto Loan Calculator
Up to 36 months 1.74% $28.53
Up to 48 months 1.74% $21.58
Up to 65 months 1.74% $16.13
Up to 72 months 2.24% $14.86
Up to 84 months 3.74% $13.55

Rates are effective .

*Rates are determined by your personal credit history, account relationship, and payment method. Rates listed are for consumer loans. Rates on commercial vehicle loans are 1% to 3% over rates listed. Certain Business Vehicle and Equipment loans may be subject to a maximum loan of 80% of the purchase price.


Rated 4.8 out of 5 by 2596 reviewers.
Rated 5 out of 5 by this product has great features this product has great features, excellent response. August 31, 2015
Rated 5 out of 5 by Excellent value The complete process to refinance my car was very easy. Every person I talked with was very helpful and knowledgeable. Would HIGHLY recommend DCU for an auto loan. August 31, 2015
Rated 5 out of 5 by Excellent service and quick response This is my second auto loan and they are quick and prompt in processing the loan. The interest rates are also low. August 31, 2015
Rated 5 out of 5 by Awesome place to get an auto loan I have been financing auto purchases with dcu for many years. I would not think of going anywhere else. I love having my pre approval and auto loan check in hand before I begin my auto purchase negotiations. Having a dcu loan take the hassle out of car buying for me and make the whole event smooth sailing all the way from start to finish. Thank you dcu! You make car buying a piece of cake! August 31, 2015
Rated 5 out of 5 by Easiest auto loan ever This is our 2nd used auto loan with DCU. They make the process so fast and easy, it's almost unbelievable. We'll never go with a loan anywhere else. Plus, we got the best rate. Knowing we could count on DCU helped us negotiate a killer deal - thousands less than they were asking! August 30, 2015
Rated 5 out of 5 by Excellent service I'm fully satisfied and felt very comfortable from start to end of the loan process. It went very quick and customer care responded very promptly. I definitely recommend DCU August 30, 2015
Rated 5 out of 5 by Great Service I have applied for Auto loan in DCU even before buying the car and i have got approved loan in 2 days with lower interest rate. After a month I purchased car and they send me the check for financed amount the next day i have requested. Fantastic service from DCU and recommends it. Great Service. August 29, 2015
Rated 5 out of 5 by car buying experience hassle free DCU has been my trusted partner for my auto buying needs. I have found Their loan terms including interest rates and fees to be significantly less than its competition and the overall market. Added with this, their excellent customer support and friendly staff make the whole application/approval process very lightweight and hassle free. They even went out of their way and sent me not just a pre-approval but also sent me a check that I could use at any car dealership which made my buying so easy. I really enjoying banking with DCU and would highly recommend to anyone in the market to check out their products and give their service a try. I have been their customer for 8 straight years now and I look forward for a longer partnership August 29, 2015
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(170 Questions : 263 Answers)

Product Q&A

Ask your questions. Share your answers.

 
 
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I ordered a new car at the dealer and placed a deposit. It's been about 2 weeks and the car still doesn't technically exist, however I am watching the build status daily. I don't yet have an expected completion date, delivery date or VIN. When can I apply for an auto loan from DCU. Because of the state of the car, the dealer cannot give a purchase sale agreement yet, I only have receipts for deposits made.
State: Massachusetts
Age: 45-54
DCU Member for: Less than 1 year
3 years, 5 months ago
Member avatar
by
Volt Owner
Easthampton
0points
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Answers

Answer: 
Hi,
I just did exactly what you are doing.
All I needed was a paystub and the Sales agreement after I completed the online application.
The paystub was easy but I needed to wait until a VIN was assigned to the vehicle before submitting the sales agreement. Sounds like you already have a VIN.
State: New Hampshire
Age: 45-54
DCU Member for: 10 to 20 years
1 year, 10 months ago
Member avatar
by
Rick
Laconia
0points
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Answer: 
You need to have VIN number to enter into a contract with the dealer, and the contract is required for the loan processing. However you can apply for approval in the mean time
State: California
Age: 35-44
DCU Member for: 10 to 20 years
3 years, 5 months ago
Member avatar
by
BMP
San Jose
+1point
1out of 1found this answer helpful.
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Answer: 
You can apply for the car loan now and get pre-approved for the loan
State: California
Age: 55-65
DCU Member for: 10 to 20 years
3 years, 5 months ago
Member avatar
by
garden mom
los gatos
+1point
1out of 1found this answer helpful.
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Answer: 
Auto loan pre-approvals are valid for 45 days. If your pre-approval happens to expire while your car is being built, you may simply contact us back to renew your pre-approval.
State: Massachusetts
3 years, 5 months ago
Member avatar
by
DCU Staff
Marlborough
+6points
6out of 6found this answer helpful.
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State: Massachusetts
4 years, 2 months ago
Member avatar
by
DCU Member
Marlborough
0points
0out of 0found this question helpful.
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Answers

Answer: 
Yes, DCU will do refinance on car loans
State: New Jersey
Age: 45-54
DCU Member for: 10 to 20 years
3 years, 3 months ago
Member avatar
by
Umesh
edison
+2points
2out of 2found this answer helpful.
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Answer: 
Yes! and they have great rates on newer vehicles, I definitely recommend refinancing with DCU
State: New Hampshire
Age: 25-34
DCU Member for: Less than 1 year
3 years, 6 months ago
Member avatar
by
Kimber83
Hudson
+2points
2out of 2found this answer helpful.
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Answer: 
Yes, we have a Second Chance auto loan program. Please select here for more information.

For the current auto loan rates, please select here.
State: Massachusetts
4 years, 2 months ago
Member avatar
by
DCU Staff
Marlborough
+7points
7out of 7found this answer helpful.
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State: Colorado
Age: 18-24
DCU Member for: Haven't joined yet
2 years, 7 months ago
Member avatar
by
Person
Denver
0points
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Answers

Answer: 
you could qualify for the whole amount. However your interest rates might be high. You will get better rates if you put some money down.

This is my personal opinion from personal experience. Call DCU for confirmation.
State: Virginia
Age: 35-44
DCU Member for: 10 to 20 years
2 years, 6 months ago
Member avatar
by
Matt
burke
0points
0out of 0found this answer helpful.
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Answer: 
What is your current credit score / income? While I don't work for DCU I can give you an idea.

A score of 710 and income of $35,000 with no other debts would likely get you approved with the lowest interest rate.

The amount you'll qualify for a loan on would be based on your debt to income ratio; the rate you'll pay will be based on your credit score.
State: Georgia
Age: 25-34
DCU Member for: 10 to 20 years
2 years, 6 months ago
Member avatar
by
Howie
Savannah
0points
0out of 0found this answer helpful.
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Answer: 
Do determine your eligibility for any DCU loans, please apply by calling us at 800/328-8797 option 3 or by clicking the Consumer and Visa link below the Get A Loan area on the left side of our home page, www.dcu.org .
State: Massachusetts
2 years, 6 months ago
Member avatar
by
DCU Staff
Marlborough
0points
0out of 0found this answer helpful.
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State: Massachusetts
Age: 25-34
DCU Member for: Haven't joined yet
2 years, 6 months ago
Member avatar
by
mimise
WORCESTER
+1point
1out of 1found this question helpful.
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Answers

Answer: 
You will probably get a loan at a higher rate , provided you have a co-signer.
State: Virginia
Age: 35-44
DCU Member for: 10 to 20 years
2 years, 6 months ago
Member avatar
by
Matt
Burke
0points
0out of 0found this answer helpful.
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Answer: 
mimise -

I'd recommend first looking to build up your credit score a bit higher if you can. We'd want to get your score closer towards a 700 number.

Do you have any credit cards / loans? Perhaps a store credit card such as Target or the Gap?
State: Georgia
Age: 25-34
DCU Member for: 10 to 20 years
2 years, 6 months ago
Member avatar
by
Howie
Savannah
0points
0out of 0found this answer helpful.
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Answer: 
An application is required to determine your eligibility for any DCU loan. Please apply by calling us at 800/328-8797 option 3 or from our home page by clicking the Consumer and Visa link below the Get A Loan area on the left.
State: Massachusetts
 
Products related to my answer
 
 
2 years, 6 months ago
Member avatar
by
DCU Staff
Marlborough
0points
0out of 0found this answer helpful.
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I am planning to buy a used car from a private party. What documents are need for the loan?
State: Georgia
Age: 35-44
DCU Member for: Less than 1 year
 
Products related to my question
 
1 year, 6 months ago
Member avatar
by
rmareed
Duluth
0points
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Answer: 
Ur Driving License, Sale Agreement, Salary Slips and Utility Bills
State: Texas
Age: 25-34
DCU Member for: Less than 1 year
1 year, 6 months ago
Member avatar
by
Shashi
Plani
0points
0out of 0found this answer helpful.
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Answer: 
Upload a Salary statement, drivers license, Intent to Sell Form with seller and vehicle information and signed by both buyer and seller. And last copy of registration or title of vehicle intended for purchase.
State: Georgia
Age: 25-34
DCU Member for: 5 to 10 years
1 year, 6 months ago
Member avatar
by
Bgeorge
Atlanta
0points
0out of 0found this answer helpful.
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Answer: 
For a private party purchase, you would want to fill out the Intent to Sell form and provide us with a photocopy of either the seller's title or registration. The Intent to Sell form may be found from our Site Index within the Printable Applications and Forms link.
State: Massachusetts
1 year, 6 months ago
Member avatar
by
DCU Staff
Marlborough
+4points
4out of 4found this answer helpful.
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"Amazing For An
Auto Refinance"

Open quote The best auto loan closing, EVER...thank you for making this so easy. Close quote

— DSS, Bedford, NH

Easy Ways To Apply For A New or Used Auto Loan

  1. Apply Online – 24 hours a day, 7 days a week.
  2. Apply by phone – 24 hours a day, 7 days a week call 800.328.8797 or 508.263.6700 and press 3.
  3. Any DCU Branch – Visit your local branch.

"Convenient and Easy Online Application"

Open quote Good customer service and quick response. Very convenient communicating online for the required documents. Close quote

— Vinay, Rochester, NY

Auto Loan Resources

  • Are You Already Approved? – Login to Online Banking and check your Account Manager inbox for a message. If you are, you can accept your approved loan online.
  • Auto Loan Check – Check provided for pre-approved auto loan. Makes shopping and purchasing a vehicle quick and easy.
  • NADA Vehicle Price Guide – Get prices on new and used vehicles to help in negotiating the sale or purchase of a vehicle.
  • AutoPREMIER – Free no hassle service with pre-arranged new car prices for buying your next car. Available in MA and NH.
  • Auto Buying Resources – Get shopping advice, get DCU auto loans at participating dealers, research new and used cars, access NADA Guides and Edmunds, and more.
  • Loan Payment Method Authorization (.pdf format) – Use to have DCU set up electronic loan payments by transfer from your DCU savings or checking account. Note: you can set this up on your own with Internet Online Banking Automatic Transfers.
  • Payment Protection – Helps relieve the pressure of your loan payments during certain unexpected events.
  • DCU Auto Insurance – You can count on us for good service, good value, and expert help in choosing the best auto insurance solution for you and your family.
  • Mechanical Breakdown Insurance – Available through DCU, it covers you for out of pocket repairs on both new and used cars at half the cost of an extended warranty.
  • Guaranteed Asset Protection – If your car is totaled or stolen, this optional insurance covers the difference between the insurance settlement and the loan balance.
  • Intent to Sell Form – Provide to DCU if you are buying a vehicle through a private sale.
  • TItle Services – Request a Lien Satisfaction Letter or Duplicate Title Application.

Auto Loan Related Links

  • Loan Calculator – Use these calculators to determine an approximate loan payment based on the loan amount (loan cash), term, and credit history standing. This helps you see if a loan will fit within your budget.
  • StreetWise Available Cash Calculator – Learn the most you should pay for your next car and the amount of cash your desired loan payment will get you.
  • StreetWise Auto Buyers Guide – Use this guide to help ensure you negotiate the best deal before purchasing your next vehicle.
  • StreetWise Guide to CreditStreetWise guide helps you understand how credit works, how to use it responsibly, how to know if you are having difficulty with it, and what to do if you are.
  • Skip a Payment (.pdf format) – You have the option to skip a loan payment without impacting your credit rating.
  • Calculate Finance Charges – Sometime members have questions about how Finance Charges or Interest on their DCU loan accounts are calculated. This information is designed to make the information in your loan disclosures a little easier to understand.
  • Schedule of Fees and Service Charges – Details regarding member benefits that may help you avoid fees.
  • Financial Wellness and Recovery – Learn what DCU can do for you if you are now or think you may soon experience a financial setback. The earlier you contact us, the more we can do to help.
  • Vehicle Loan Payoff Form for Insurance Agencies or Dealers – Dealers and insurance agencies can use this form to obtain a 10-day loan payoff for members' auto loans.
  • My Loan InsuranceSecure site that is used by your financial institution to enable you to submit insurance information electronically to us.
Digital Federal Credit Union

220 Donald Lynch Boulevard

PO Box 9130

Marlborough, MA 01752-9130

508.263.6700  |  800.328.8797

ABA Routing Number: 211391825

    

Federally Insured by NCUA

Equal Housing Opportunity

© 2015 Digital Federal Credit Union