New & Used Auto Loans
- Competitive Rates
- Online Pre-Approval
- Flexible Repayment Terms
Hit the road with a loan from Purdue Federal
Getting an auto loan doesn’t need to be a bumpy ride. We’re here to help with competitive rates and friendly service all the way.
Whether you’re hopping in the car of your dreams or you’re upgrading to something that meets your needs, we’re here to help. Get pre-approved with the help of our experts or get financing for a vehicle you love. New and used auto loans from Purdue Federal offer:
- Flexible Repayment Terms
- Online Pre-Approval
- Competitive, Fixed Rates
- GAP and Warranty Policies Available
Don’t forget, you can get up to .60% subtracted from your auto loan rate at Purdue Federal depending on your My Member Perks® status!
Our Auto Loan Rates
| Loan Type | Rate Type | APR as low as*2 | Term/Details |
|---|---|---|---|
| Vehicles 2025 and Newer | Fixed | 5.59% | Up to 60 months |
| Vehicles 2025 and Newer | Fixed | 5.84% | 72 months |
| Vehicles 2025 and Newer | Fixed | 6.59% | 84 months |
| Vehicles 2023-2024 | Fixed | 5.84% | Up to 60 months |
| Vehicles 2023-2024 | Fixed | 6.09% | 72 months |
| Vehicles 2023-2024 | Fixed | 6.84% | 84 months |
| Vehicles 2021-2022 | Fixed | 6.09% | Up to 60 months |
| Vehicles 2021-2022 | Fixed | 6.34% | 72 months |
| Vehicles 2016-2020 | Fixed | 6.59% | Up to 60 months |
| Recreational Vehicles 2014 & Newer (Titled) ($0 - $34,999) |
Fixed | 7.89% | Up to 60 months |
| Recreational Vehicles 2014 & Newer (Titled) (over $35,000) |
Fixed | 8.89% | Up to 15 years |
| Recreational Vehicles Untitled |
Fixed | 13.14% | Up to 60 months |
| Motorcycles Model Years 2014 -2024 (Titled) |
Fixed | 8.99% | Up to 60 months |
| Motorcycles Model Years 2025 & Newer (Titled) |
Fixed | 8.74% | Up to 72 months |
*Lowest Annual Percentage Rate (APR) assumes excellent borrower credit history and Diamond Status My Member Perks tier. Rates are based on several factors including creditworthiness, loan type, terms, underwriting conditions, and collateral if applicable. Rates are subject to change without notice, your rate may be higher. See My Member Perks for details.
Ready to get pre-approved or apply?
You’ll need the following:
- Verifiable Current Income
- Unexpired Government-Issued ID
- Social Security Number
- Loan Amount
- Bill of Sale
- Vehicle Details (VIN and Mileage)
- Full Coverage Insurance
- Purdue Federal Membership
What to expect when you apply
We’re passionate about speedy service. Once you’ve applied, we’ll review your application. Then, you’ll be contacted so we can ask any follow-up questions and get to know your needs a little more.
As a heads up, we might request documents like each borrower’s most recent paystub and W-2 or past tax returns. We’ll let you know exactly what we need.
And, if you fail to provide insurance information or your coverage lapses, then we'll contact you by text and email to map out what you'll need to do.
Would recommend to a friend
When each and every car dealer in the town refused to approve credit for us to buy a new car, we went to Purdue Memorial Union Branch and met Megan there. Megan is an outstanding personality and she can assess your need as well as your profile very well. We will always be grateful to Megan and Purdue Federal Credit Union, because of them we now have a amazing new car! … Read More
Would recommend to a friend
Excellent customer service and FAST! We decided on a vehicle on a Wednesday and the check was delivered on Saturday! Love that I was able to do all the paperwork by email since I now live in Florida. Stacie was a great help!… Read More
Would recommend to a friend
When each and every car dealer in the town refused to approve credit for us to buy a new car, we went to Purdue Memorial Union Branch and met Megan there. Megan is an outstanding personality and she can assess your need as well as your profile very well. We will always be grateful to Megan and Purdue Federal Credit Union, because of them we now have a amazing new car!
Member since 2012
West Lafayette, IN
Would recommend to a friend
Excellent customer service and FAST! We decided on a vehicle on a Wednesday and the check was delivered on Saturday! Love that I was able to do all the paperwork by email since I now live in Florida. Stacie was a great help!
Member since 2007
Tampa, FL
Would recommend to a friend
I've taken out two auto loans with ! PEFCU and I've had a great experience both times. With my most recent loan, Nicole made the refinancing process easy and understandable. Customer service is unmatched!
Member since 1993
Would recommend to a friend
I cannot praise Purdue Fed enough for providing me the car loan I wanted. When all other banks failed to help me out, Purdue Fed saved the day. I did everything over the phone and the agent was really helpful and patient. I decided I am never going to close my accounts here even when I am done with Purdue.
Member since 2006
Indianapolis, IN
Would recommend to a friend
LaPorte Purdue Federal Credit Union is the BEST! They are always friendly and help us whenever we need it. They are quick to respond to our needs and help us with all our loans. Especially Erin and Carolyn! They treat us like family, not just some customer. We appreciate everything they do for us!
Member since 1997
LaPorte, IN
Would recommend to a friend
The LaPorte Branch of PFCU was awesome to work with on my car loan. JM in particular was so professional and helpful. I especially like having a branch at the Westville campus. I always do my car loans through PFCU. Thanks again!
Member since 1988
Westville, IN
I called about refinancing my car loan to reduce the payment and was very disappointed with the help i was offered on the phone. The person I spoke to did her best to dissuade me from trying to do this, she convinced me that I did not want to refinance with PEFCU.
Member since 2001
Lafayette, IN
Would recommend to a friend
Purdue Federal Credit LaPorte is the best, they are always friendly and helpful. They are always there to help with our loans, especially Carolyn! They treat us like family and have done for over 25 years. They are more than competetive when it comes to rates.
Member since 1988
Rolling Prairie, IN
Would recommend to a friend
Obtaining my Auto Loan with PFCU was very easy. I met with a representative and had the paperwork complete in minutes. I picked the day of the month I wanted my payment to be withdrawn and now I don't have to worry about it! If I want to make an extra payment, I just jump online and transfer money over. Very easy. Thank you PFCU!
Member since 2003
West Lafayette, IN
Would recommend to a friend
Auto Loan - The staff at the LaPorte Branch were very understanding and went out of their way to expedite my Auto Loan. Thank you Carolyn Probasco and Melissa Odle! The loan proceeds were deposited quickly in my account and they set me up for automatic payment.
Member since 1995
Westville, IN
I forgot my password and trying to retrieve it has been one of my worst nightmares. I can appreciate the security but this is ridiculous. I have forgotten my password with one of the largest banks in the country before and it has not been as frustrating as it has been with Purdue Federal Credit Union.
Member since 2010
Arlington, TX
Would recommend to a friend
Received a flyer in the mail about refinancing my 2015 SUV bought new at a lower APR than offered at dealership 3 months after purchase. Within two weeks and only a hand full of e mails and 2 phone calls, I was able to complete the process. I currently work 100 miles plus from the closest PFCU branch!!! Great job team, thank you for the help. So glad I became a member 15 years ago!!
Member since 1999
Westfield, IN
Would recommend to a friend
My Auto Loan with PEFCU was the easiest loan process I have ever been through. I applied online, and received a preapproval. Then, when I found the car I wanted, I simply took the bill of sale to Purdue West. I was on my way back to the dealership, check in hand, within thirty minutes! My rate and terms are amazing, and I couldn't be more pleased with the service I received.
Member since 2008
Would recommend to a friend
I am a Purdue student from Asia with a student visa. Both my major bank and car dearler turned me down on auto loan applications, but Donna Alexander from Purdue Federal Credit Union helped me understand the process, listened to my situation, set up the best plan for me, and knocked down a 25K loan in 12 hours. It is my first loan and I am impressed with the friendly service. Thank you, Donna, and thank you, Purdue Federal Credit Union.
Member since 2012
West Lafayette, IN
This place needs to get out of business banking. They make business exponentially more difficult. You cannot deposit cash or checks into a business account via the ATM They want to see my ID to deposit cash into my account inside the bank No Zelle Mobile deposit software is poor Stick to houses and cars! Get out of biz banking
Member since 2023
Win Hentschel Blvd
Would recommend to a friend
It was easy to get a pre-approved Auto Loan, with excellent rate for purchasing my first car. When I actually made the purchase, it was even easier to process and this is the reason I was able to get a good car since the owner was a bit skeptical about getting paid immediately through a bank.
Member since 2003
Would recommend to a friend
this is the very best customer service i have received in a long time. they have taken good care of me and i appreciate that. I would recommend pfcu at st rd 26 (meijer ct) to any one as one of the banks you can walk -into and see smiles on everyones face, very willing to help you with anything you need and then some. when i need help they were there . i want to extend a BIG HIGH FIVE AND A TREMENDOUS THANK YOU TO EVERYONE WHOM HAS HELPED ME . EXCELLENT JOB GREAT TEAMWORK.
Member since 2023
LA FAYETTE
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