Credit union · NCUA insured
PenFed Credit Union Auto Loan Rates
Top CarrotPenFed Credit Union auto loans start at 3.84% APR for a new vehicle and 4.99% for a used one. Rates checked October 22, 2026.
How PenFed Credit Union’s auto loan rates compare
Compared with banks and credit unions near Washington, DC-VA-MD-WV, where PenFed Credit Union has the most branches. New vehicle, lowest advertised APR first.
This credit union’s lowest
PenFed Credit Union
3.84%APR
- Terms
- up to 60 months
New Car Buying Service
Lowest rate
TruEnergy Federal Credit Union
3.74%APR
- Terms
- up to 60 months
3rd-lowest rate
BankFund Credit Union
3.25%APR
- Terms
- up to 60 months
PenFed Credit Union auto loan score
91
Auto loan score
Higher than 93% of U.S. banks and credit unions
- New vehicleNew3.84%
- Used vehicleUsed4.99%
Each track runs from the highest to the lowest rate among U.S. banks and credit unions; the dot is this rate.
Where PenFed Credit Union 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 Purchase
Model Year 2025 or newer & never titled (where you are original owner with less than 7,501 miles). Up to 125% financing available in the U.S., Puerto Rico and Virgin Islands. Vehicle weight and mileage restrictions apply. Minimum loan amount is $15,000 for 61-72 month term; $20,000 for 73-84 month term. Rates assume excellent credit. Membership with PenFed required ($5 savings account). No application or prepayment fees.
| Terms | APR | Conditions |
|---|---|---|
| up to 36 months | 4.19% | Rates as low as stated APR. Assumes excellent credit. |
| up to 48 months | 4.39% | Rates as low as stated APR. Assumes excellent credit. |
| up to 60 months | 4.44% | Rates as low as stated APR. Assumes excellent credit. |
| up to 72 months | 4.79% | Rates as low as stated APR. Assumes excellent credit. Minimum loan amount is $15,000 for 61-72 month term. |
| up to 84 months | 5.74% | Rates as low as stated APR. Assumes excellent credit. Minimum loan amount is $20,000 for 73-84 month term. |
Sources (1)
- penfed.org/auto · captured Oct 15, 2026
New Auto Refinance
Model Year 2025 or newer & less than 7,501 miles where you are the original owner. Refinance amounts up to $150K (up to 125% financing / current loan balance available in the U.S., Puerto Rico and Virgin Islands). PenFed does not permit internal refinances of an existing PenFed auto loan. Vehicle weight and mileage restrictions apply. Membership with PenFed required ($5 savings account). Rates assume excellent credit.
| Terms | APR | Conditions |
|---|---|---|
| up to 36 months | 4.19% | Rates as low as stated APR. Assumes excellent credit. |
| up to 48 months | 4.39% | Rates as low as stated APR. Assumes excellent credit. |
| up to 60 months | 4.44% | Rates as low as stated APR. Assumes excellent credit. |
| up to 72 months | 4.79% | Rates as low as stated APR. Assumes excellent credit. |
| up to 84 months | 5.74% | Rates as low as stated APR. Assumes excellent credit. |
New Car Buying Service
Model Year 2025 or newer & never titled. In partnership with TrueCar. Up to 125% financing available. Vehicle weight and mileage restrictions apply. Minimum loan amount $15,000 for 61-72 month term; $20,000 for 73-84 month term. Available in all 50 states. Rates assume excellent credit. Membership with PenFed required ($5 savings account).
| Terms | APR | Conditions |
|---|---|---|
| up to 36 months | 3.39% | Rates as low as stated APR. Assumes excellent credit. In partnership with TrueCar. |
| up to 48 months | 3.79% | Rates as low as stated APR. Assumes excellent credit. In partnership with TrueCar. |
| up to 60 months | 3.84% | Rates as low as stated APR. Assumes excellent credit. In partnership with TrueCar. |
| up to 72 months | 4.54% | Rates as low as stated APR. Assumes excellent credit. In partnership with TrueCar. Minimum loan amount is $15,000 for 61-72 month term. |
| up to 84 months | 5.74% | Rates as low as stated APR. Assumes excellent credit. In partnership with TrueCar. Minimum loan amount is $20,000 for 73-84 month term. |
Sources (1)
- penfed.org/auto · captured Oct 15, 2026
Used Auto Purchase
Pre-owned vehicles or vehicles with over 7,501 miles (fewer than 125,000 miles). Up to 125% financing is available in the U.S., Puerto Rico and Virgin Islands. Vehicle weight and mileage restrictions apply. Rates assume excellent credit. Membership with PenFed required ($5 savings account). No fees to apply or pay off loan early.
| Terms | APR | Conditions |
|---|---|---|
| up to 36 months | 4.79% | Rates as low as stated APR. Assumes excellent credit. |
| up to 48 months | 5.29% | Rates as low as stated APR. Assumes excellent credit. |
| up to 60 months | 5.34% | Rates as low as stated APR. Assumes excellent credit. |
| up to 72 months | 5.39% | Rates as low as stated APR. Assumes excellent credit. |
| up to 84 months | 6.24% | Rates as low as stated APR. Assumes excellent credit. |
Sources (1)
- penfed.org/auto · captured Oct 15, 2026
Used Auto Refinance
Pre-owned vehicles with 7,501 or more miles (fewer than 125,000 miles). Refinance amounts up to $150K (up to 125% financing available in the U.S., Puerto Rico and Virgin Islands). Maximum used car loan advance determined by PenFed using JD Power value. PenFed does not permit internal refinances of an existing PenFed auto loan. Vehicle weight and mileage restrictions apply. Membership with PenFed required ($5 savings account). Rates assume excellent credit.
| Terms | APR | Conditions |
|---|---|---|
| up to 36 months | 4.79% | Rates as low as stated APR. Assumes excellent credit. |
| up to 48 months | 5.29% | Rates as low as stated APR. Assumes excellent credit. |
| up to 60 months | 5.34% | Rates as low as stated APR. Assumes excellent credit. |
| up to 72 months | 5.39% | Rates as low as stated APR. Assumes excellent credit. |
| up to 84 months | 6.24% | Rates as low as stated APR. Assumes excellent credit. Published in 84-month table on page p4; not available (-) on page p2 summary. |
Used Car Buying Service
Pre-owned vehicles or vehicles with over 7,501 miles (fewer than 125,000 miles). In partnership with TrueCar. Up to 125% financing available in the U.S., Puerto Rico and Virgin Islands. Vehicle weight and mileage restrictions apply. Rates assume excellent credit. Membership with PenFed required ($5 savings account).
| Terms | APR | Conditions |
|---|---|---|
| up to 36 months | 4.34% | Rates as low as stated APR. Assumes excellent credit. In partnership with TrueCar. |
| up to 48 months | 4.94% | Rates as low as stated APR. Assumes excellent credit. In partnership with TrueCar. |
| up to 60 months | 4.99% | Rates as low as stated APR. Assumes excellent credit. In partnership with TrueCar. |
| up to 72 months | 5.04% | Rates as low as stated APR. Assumes excellent credit. In partnership with TrueCar. |
| up to 84 months | 6.24% | Rates as low as stated APR. Assumes excellent credit. In partnership with TrueCar. |
Sources (1)
- penfed.org/auto · captured Oct 15, 2026
Who can join PenFed Credit Union
This may be incomplete or out of date, so check with the credit union before you apply.
Open to anyone
- Membership is open to everyone nationwide.
Membership information collected October 4, 2026.