Credit union · NCUA insured
705 FCU Auto Loan Rates
Top Carrot705 FCU auto loans start at 4.25% APR for a new vehicle and 4.75% for a used one. Rates checked October 16, 2026.
How 705 FCU’s auto loan rates compare
Compared with banks and credit unions near Lafayette, LA, where 705 FCU has the most branches. New vehicle, lowest advertised APR first.
This credit union’s lowest
705 FCU
4.25%APR
- Terms
- up to 72 months
- Up to
- 17.00% APR
- Discount
- None included
New Auto Loans
Lowest rate
Maple Federal Credit Union
3.49%APR
- Terms
- up to 96 months
- Up to
- —
- Discount
- None included
3rd-lowest rate
CUSA Federal Credit Union
4.25%APR
- Terms
- up to 60 months
- Up to
- —
- Discount
- Included in the rate
705 FCU auto loan score
89
Auto loan score
Higher than 88% of U.S. banks and credit unions
- New vehicleNew4.25%
- Used vehicleUsed4.75%
Each track runs from the highest to the lowest rate among U.S. banks and credit unions; the dot is this rate.
Where 705 FCU ranks
By auto loan score, in each area where it has branches
Every rate
Current auto loan rates
Rates from the credit union’s website. Most are “as low as” rates for the best credit; yours depends on your credit, the term and the vehicle.
New Auto Loans
Rates are determined by credit profile, score, capacity to repay, GAP insurance purchase, and term. Fixed rate; APR will not increase after consummation. Financing available up to 100% (or up to 120% of appraised value depending on creditworthiness). New vehicle defined as current, future, or 1 year old model with less than 30,000 miles. Borrowers with E credit score can only finance up to $30,000. Requires credit union membership with $25 share savings deposit. $30.00 loan application/processing fee applies.
| Terms | APR | Conditions |
|---|---|---|
| up to 60 months | 4.00%–17.00% | Tiered by credit rating: A+ 4.00% APR, A 4.50% APR, B 5.50% APR, C 7.50% APR, D 9.50% APR, E 17.00% APR. Terms available include 36, 48, and 60 months. Payments are $18.42 per $1,000 borrowed at 4.00% APR for 60 months. |
| up to 72 months | 4.25%–17.00% | Tiered by credit rating: A+ 4.25% APR, A 4.75% APR, B 5.75% APR, C 7.75% APR, D 9.75% APR, E 17.00% APR. Minimum loan amount financed is $25,000.00 with 100% financing. |
| up to 84 months | 4.50%–10.00% | Tiered by credit rating: A+ 4.50% APR, A 5.00% APR, B 6.00% APR, C 8.00% APR, D 10.00% APR; E credit rating is N/A. Minimum loan amount is $40,000.00 (may go lower if total vehicle price is higher due to down payment or trade-in). |
New Motorcycle Loan
100% financing available (to include selling price, TT&L, and GAP). Rates determined by credit profile, credit score, and internal credit criteria. Fixed rate APR. Application fee $30.00. Membership eligibility required ($25 share deposit).
| Terms | APR | Conditions |
|---|---|---|
| up to 84 months | 5.25%–17.00% | Tiered by credit rating: A+ 5.25% APR, A 5.75% APR, B 6.75% APR, C 8.75% APR, D 10.75% APR, E 17.00% APR. Payments are $14.25 per $1,000 borrowed at 5.25% APR for 84 months. Term is 60 months for loans under $15,000, 72 months minimum for $15,000, and 84 months minimum for $30,000. |
Pre-Owned Auto Loans
Finances pre-owned vehicles between 1 year (with at least 30,000 miles) and 15 years old. Financing between 100% and 120% of Black Book RV / appraised value (with GAP insurance). Borrowers with E credit score can finance up to $15,000. Vehicle price/loan amount determines maximum term: up to $5,000 for 36 months, up to $10,000 for 48 months, up to $15,000 for 60 months, up to $25,000 for 72 months. 11-15 year old vehicles are financed up to 80% retail value (max $15,000). Fixed rate; APR will not increase after consummation. Requires credit union membership with $25 share savings deposit. $30.00 loan application/processing fee applies.
| Terms | APR | Conditions |
|---|---|---|
| up to 60 months | 4.75%–10.25% | Applicable to vehicles 1 to 5 years old. Tiered by credit rating: A+ 4.75% APR, A 5.25% APR, B 6.25% APR, C 8.25% APR, D 10.25% APR; E credit rating is N/A. |
| up to 72 months | 5.00%–10.50% | Applicable to vehicles 1 to 5 years old. Tiered by credit rating: A+ 5.00% APR, A 5.50% APR, B 6.50% APR, C 8.50% APR, D 10.50% APR; E credit rating is N/A. |
| up to 60 months | 5.50%–11.00% | Applicable to vehicles 6 to 10 years old. Tiered by credit rating: A+ 5.50% APR, A 6.00% APR, B 7.00% APR, C 9.00% APR, D 11.00% APR; E credit rating is N/A. Payments are $19.10 per $1,000 borrowed at 5.50% APR for 60 months. |
| up to 72 months | 5.75%–11.25% | Applicable to vehicles 6 to 10 years old. Tiered by credit rating: A+ 5.75% APR, A 6.25% APR, B 7.25% APR, C 9.25% APR, D 11.25% APR; E credit rating is N/A. |
| up to 36 months | 6.00%–17.00% | Applicable to vehicles 11 to 15 years old. Tiered by credit rating: A+ 6.00% APR, A 6.50% APR, B 7.50% APR, C 9.50% APR, D 11.50% APR, E 17.00% APR. Maximum loan amount is $15,000. |
| up to 48 months | 6.25%–17.00% | Applicable to vehicles 11 to 15 years old. Tiered by credit rating: A+ 6.25% APR, A 6.75% APR, B 7.75% APR, C 9.75% APR, D 11.75% APR, E 17.00% APR. Maximum loan amount is $15,000. |
Used Motorcycle Loan
Finances up to 100% of NADA Retail Value. Fixed rate APR; rates determined by credit profile, credit score, and internal credit criteria. Loan application fee of $30.00. Membership eligibility required ($25 share deposit). Maximum term is 5 years; eligible as long as NADA can make a value determination.
| Terms | APR | Conditions |
|---|---|---|
| up to 60 months | 5.75%–17.00% | Tiered by credit rating: A+ 5.75% APR, A 6.25% APR, B 7.25% APR, C 9.25% APR, D 11.25% APR, E 17.00% APR. Payments are $19.22 per $1,000 borrowed at 5.75% APR for 60 months. |
Who can join 705 FCU
This may be incomplete or out of date, so check with the credit union before you apply.
Employers and groups
- Current and retired employees of partner Select Employer Groups (SEGs) are eligible for membership.
Military, government and schools
- Current and retired employees of specified federal government entities and the USPS in the 705 Zip Code Area are eligible for membership.
- Current and retired employees of eligible local government entities (such as Lafayette Clerk of Court, Iberia Clerk of Court, City of Carencro, and contracted Lafayette Sheriff Department deputies) are eligible for membership.
Family and household
- Family members of a current 705 FCU member and spouses of deceased employees who qualified for membership are eligible to join.
Cost to join
- Members must maintain a $25 share deposit in their savings account at all times.
Membership information collected October 5, 2026.