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Auto Loans

When it comes to auto loans, we want our members to get an excellent deal. We provide low rates, 100% financing and great service. Plus, our discounts for Member Loyalty and our New Members help you save even more! Get pre-approved for your loan from Democracy FCU before you visit the dealership. You can upgrade your ride and save hundreds!

Apply for an Auto Loan

Estimate your payments

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Guaranteed Auto Protection (GAP)

Pays off your loan balance if your car is stolen or damaged beyond repair. 

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Auto Advantage Program

Complimentary deductible reimbursement with the purchase of GAP. 

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Extended Warranty

Protection from budget-busting vehicle repairs. 

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Member Discounts

New and existing members may be eligible for discounts. Ask us how!

New Auto Loan Rates

Table data for New Auto Loan Rates
 Effective 04-10-2021
Term Loan Amount APR (as low as)1 Monthly Payment Per $1,000 Borrowed Amount Estimate Your Payment Alert Me
66 Months Up to $25,000 2.35% $16.17 Up to 125% of MSRP to include tax, tags, warranties and GAP Estimate Your Payment
78 Months $15,000 to $35,000 3.05% $16.48 Up to 125% of MSRP to include tax, tags, warranties and GAP Estimate Your Payment
84 Months $35,000+ 4.30% $17.05 Up to 125% of MSRP to include tax, tags, warranties and GAP Estimate Your Payment
A New Auto is an untitled auto or current year model. Rates, terms, and conditions vary based on credit worthiness and other qualifications are subject to change.
  • 1Annual Percentage Rate. The New Auto rates above include discounts for direct deposit of net check (pay, Social Security, retirement); or a minimum of $2,500 in unencumbered shares in the Credit Union and discounts under the Member Loyalty Program. Total rate discounts cannot exceed 1.25%. Rates, terms, and conditions vary based on credit worthiness and other qualifications and are subject to change. Payment examples do not include debt protection coverage.↵

Used Same as New Auto Loan Rates

Table data for Used Same as New Auto Loan Rates
 Effective 04-10-2021
Term Loan Amount APR (as low as)1 Monthly Payment per $1,000 Borrowed Amount Estimate Your Payment Alert Me
66 Months Up to $15,000 2.35% $16.17 Up to 125% of financing of NADA Clean Retail to include tax, tags, warranties and GAP Estimate Your Payment
78 Months $15,000 to $35,000 3.05% $16.48 Up to 125% of financing of NADA Clean Retail to include tax, tags, warranties and GAP Estimate Your Payment
84 Months $35,000+ 4.30% $17.05 Up to 125% of financing of NADA Clean Retail to include tax, tags, warranties and GAP Estimate Your Payment
A Used Same as New Auto includes model years 2019 and 2020 that are untitled autos or current year models. Rates, terms, and conditions vary based on credit worthiness and other qualifications are subject to change.
  • 1Annual Percentage Rate. The Used Same As New rates above include discounts for direct deposit of net check (pay, Social Security, retirement); or a minimum of $2,500 in unencumbered shares in the Credit Union and discounts under the Member Loyalty Program. Total rate discounts cannot exceed 1.25%. Rates, terms, and conditions vary based on credit worthiness and other qualifications and are subject to change. Payment examples do not include debt protection coverage.↵

Used Auto Loan Rates

Table data for Used Auto Loan Rates
 Effective 04-10-2021
Term Loan Amount APR (as low as)1 Monthly Payment per $1,000 Borrowed Amount Estimate Your Payment Alert Me
66 Months Up to $15,000 2.75% $16.35 Up to 125% of financing of NADA Clean Retail to include tax, tags, warranties and GAP Estimate Your Payment
78 Months $15,000 to $35,000 3.65% $16.75 Up to 125% of financing of NADA Clean Retail to include tax, tags, warranties and GAP Estimate Your Payment
84 Months $35,000+ 4.65% $17.21 Up to 125% of financing of NADA Clean Retail to include tax, tags, warranties and GAP Estimate Your Payment
A Used Auto includes model years 2014, 2015, 2016, 2017, and 2018. Rates, terms, and conditions vary based on credit worthiness and other qualifications are subject to change.
  • 1Annual Percentage Rate. The Used Auto rates above include discounts for direct deposit of net check (pay, Social Security, retirement); or a minimum of $2,500 in unencumbered shares in the Credit Union and discounts under the Member Loyalty Program. Total rate discounts cannot exceed 1.25%. Rates, terms, and conditions vary based on credit worthiness and other qualifications and are subject to change. Payment examples do not include debt protection coverage.↵

Auto Loan Resources

Information and Services

  • TRUECar: Your one-stop shop for buying your next vehicle. Search for the vehicle you want, pick the price you want to pay and apply for financing from your trusted Credit Union.
  • New Member Auto Loan Discounts: New Democracy FCU members have 90 days to cash in on a .50% APR1 discount on auto loans.
  • Member Loyalty Rate Discount Program: For your years of Loyalty to Democracy Federal Credit Union, we would like to say thank you, by offering a discount on interest rates for automobile loans*.

Estimate Your New Auto Loan Payment