Community Resource Federal Credit Union
Community Resource Federal Credit Union

Vehicle Loans

We offer highly competitive rates on all of our loans…

Whether you are buying or refinancing, we’re here to help. For over 85 years, Community Resource has been a trusted source for many folks in the Capital Region to get into their dream new or used auto. We understand how exciting the car buying process is, and that’s why we’re committed to providing exceptional service through competitive rates and a quick, easy application process.

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Vehicle Loan Rates**

TERM24 Mo APR*36 Mo APR*48 Mo APR*60 Mo APR*72 Mo APR*84 Mo APR*
2019 & newer4.99%5.24%5.44%5.74%5.99%7.49%
2016 - 20186.49%6.69%6.89%7.39%7.49%NA
2012 - 20158.99%9.49%9.79%NANANA

** Rate includes Membership Pays discount. Membership Pay =.25% rate discount with Automatic Payment from a Community Resource FCU Checking Account.

Get Pre-approved Before You Go to the Dealer.

Whether you’re buying a new or used car or truck, getting pre-approved before setting foot on the dealership lot will make shopping easier. Get pre-approved today. Click here to begin.

See Your Payment With Our Car Loan Calculator.

Use our loan calculator to estimate the amount of your monthly truck or car payment. Enter the car payment you want, auto loan rate, loan term or total car value to calculate your payment.

Discounted Driving Class Will Help Save More Money

We offer a discounted rate for members to take an online defensive driving course. Complete the course to receive a 10% insurance reduction. 

Use code LM101 for a $5.00 discount.

Save money when you refinance.

If you’re paying too much in interest on your car or truck loan, refinancing could be a great way to save you some serious money. Interest rates for vehicle loans may have dropped since you financed your auto or maybe you’ve improved your credit score, which could qualify you for a lower rate. Either way, you could save hundreds of dollars by replacing your current auto loan with one from CRFCU.

Suppose last year you financed $30,000 at 17.00% interest for 5 years. Your monthly principal and interest payment would be about $745. But say you could refinance the remaining balance of $20,000 for four years at a lower rate of 7.00%. Your payment would drop to $479. That’s a savings of $266 a month, or almost $13,000 over four years, with the same payoff date.

Refinancing your auto loan can be a smart move in the right situation. By receiving a lower rate, you could save on interest costs, reduce your monthly payments and save you money! Apply online and in just a few minutes you could be on your way to putting more cash in your pocket.

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Energize Auto

Drive the Car You Want for Lower Monthly Payments!

Make the lower monthly payments of a lease, without all the heavy restrictions and hidden costs of leasing. Sound impossible? It’s not. Community Resource FCU’s Energize Auto Loan Program offers just that!

Unlike leasing where the vehicle is titled in the name of the leasing company, with the Energize Auto Program the vehicle is titled in your name. This offers you greater flexibility both during the loan and at loan maturity.

Benefits include:

  • New and pre-owned vehicles up to five years old qualify
  • Flexible loan terms of up to 72 months
  • No down payment required
  • Annual mileage options of 7,500, 10,000, 12,000, 15,000 & 18,000 available
  • No security deposit or acquisition fees
  • No early payoff penalty

Get started by clicking the button below:

 First time car buyer?

The First Time Car Buyer Program is available for members is available to members who would not qualify for an auto loan due to insufficient credit history. This loan not only funds the purchase of the vehicle with manageable terms and a competitive rate, but also provides the opportunity to establish a positive credit history in the process.

  • Term up to 72 months
  • LTV up to 100%
  • Have been working 12 months or longer
  • Have lived at their current residency for 12 months or longer
  • Have limited credit history

We offer affordable payments, flexible terms, and fast approvals.
Have bad credit and need a loan? Click the button below to start your application today.

Leaving the Community Resource FCU Website

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