PSECU offers automobile loan programs to make your car buying experience as positive and convenient as possible! Simply choose the program that's right for you. Use PSECU's AutoDraft if you're buying a vehicle from a licensed dealership. If you plan to purchase your vehicle from another source, you'll need to use PSECU's AutoCheck.
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Please Note *These rates reflect a .25% Annual Percentage Rate reduction for an automatic payment service and loan amounts up to 100% of the retail value of the vehicle. PSECU will charge an additional percentage point to the current interest rate when financing a vehicle for more than 100% and up to 130% of the retail value. PSECU makes all final decisions regarding vehicle value and proper rate. Some restrictions apply. Please refer to the Loan Disclosures. |
Apply TodayIf you are already a PSECU member and would like to apply for a PSECU AutoLoan, you can apply online or contact the PSECU Call Center.
- Apply for a PSECU Auto Loan by telephone.
- Visit our Auto Buying Center where our tools can help you find the right car for the right price.
- View various financial calculators and learning guides.
PSECU's AutoDraft makes car buying easier because you are prequalified for your auto loan prior to making a purchase. The AutoDraft looks and works like a blank check and can be used at any authorized car dealer.
- Learn how to apply and fill out your AutoDraft.
You will need to apply for your auto loan before purchasing your vehicle. After you're approved for the loan and PSECU receives the appropriate information, an Auto Check will be issued for the amount of the vehicle. The types of purchases and information required by PSECU prior to check disbursement include:
- Private Party
- Year, make, model, mileage, options and VIN of vehicle being purchased
- Complete copy of vehicle registration card, including both sections with vehicle information and owner's signature
- Completed Private Party Vehicle Purchase form (form provided by PSECU)
- Lease Buyout
- Year, make, model, mileage, options and VIN of vehicle being purchased
- Name, address and telephone number of present lending institution
- Account number and 10-day buyout of existing lease
- Refinance of Existing PSECU Loan
- Year, make, model, mileage, options and VIN of vehicle currently financed with PSECU
- PSECU must have the original title
- Must finance $1,000 over existing loan payoff
- Maximum financing is 100% of retail value
- Member-Owned Vehicles
- Year, make, model, mileage, options and VIN of vehicle currently owned
- Original title
- Maximum financing is 100% of retail value
- Rollover (New Vehicles)
- Year, make, model, mileage, options and VIN of vehicle being purchased
- Name, address and telephone number of present lending institution
- Account number and 10-day payoff of existing loan
- Copy of bill of sale and window sticker for new vehicles purchased within 90 days
- Rollover (Used Vehicles)
- Year, make, model, mileage, options and VIN of vehicle being purchased
- Name, address and telephone number of present lending institution
- Account number and 10-day payoff of existing loan
- Year, make, model, mileage, options and VIN of vehicle being purchased
- Antique / Classic Vehicles
- Year, make, model, mileage, options and VIN of vehicle being purchased
- Interior and exterior pictures of the vehicle
- If purchased from a private party: complete copy of vehicle registration, including both sections with vehicle information and owner's signature
- Bill of sale, if purchased from a dealer
- Year, make, model, mileage, options and VIN of vehicle being purchased
If you own a home, then a Courtesy Lien may be the loan option for you! You not only take advantage of our low auto loan rates, but the financing of your new or used car, truck or SUV may be tax deductible.
New Vehicles...
- Current calendar-year vehicles
- PSECU will finance up to 100% of the Manufacturer's Suggested Retail Price (MSRP) of a new, current-year motor vehicle. PSECU will charge an additional percentage point to the current interest rate when financing a vehicle for more than 100% and up to 130%.*
- Vehicle must be untitled
- Vehicle must not have excessive mileage, as determined by an authorized guide
- Previous Calendar-Year Vehicles
(A vehicle is considered previous-year if purchased after March 31st of the current calendar year.)
- PSECU will finance up to 100% of the Kelley Blue Book® value. PSECU will charge an additional percentage point to the current interest rate when financing a vehicle for more than 100% and up to 130%.*
- Vehicle must be untitled
- Vehicle must not have excessive mileage, as determined by an authorized guide
- PSECU will finance up to 100% of the Kelley Blue Book® value. PSECU will charge an additional percentage point to the current interest rate when financing a vehicle for more than 100% and up to 130%.*
Used Vehicles...
- Titled, Current or Previous-Year Vehicles (Restrictions apply for reconstructed antique, classic vehicles. For these types of vehicles please call for details)
- PSECU will finance up to 100% of the Kelley Blue Book or other authorized guides retail value. PSECU will charge an additional percentage point to the current interest rate when financing a vehicle for more than 100% and up to 130%.*
- Kelley Blue Book... or other authorized guides' retail values must be at least $3,000
- Restrictions apply for Antique / Classic Vehicles. For more information, please call for details at 800.LOAN.555.
- PSECU will finance up to 100% of the Kelley Blue Book or other authorized guides retail value. PSECU will charge an additional percentage point to the current interest rate when financing a vehicle for more than 100% and up to 130%.*
Recreational Vehicles...
- Motor homes, travel trailers, camping trailers and camper vans
- PSECU will finance up to 90% of the retail value of a recreational vehicle
- Retail value must be at least $3,333
*PSECU makes all final decisions regarding vehicle value and proper rate. Maximum Financing for a member-owned vehicle or refinancing an existing PSECU loan is 100% of the retail value.
| Motor Vehicle Type | Maximum Term |
| New / used vehicles with a value and loan amount of $40,000 or over: | 120 months |
| New / used vehicles with a value of $20,000 or over: | 84 months |
| New / used vehicles with a value of $12,000 or over: | 72 months |
| New / used vehicles with a value of $8,000 or over: | 60 months |
| New / used vehicles with a value of $6,000 or over: | 48 months |
| New / used vehicles with a value of $3,000 or over: | 36 months |
| New / used recreational vehicles with a loan amount of $15,000 or over: | 84 months |
| New / used recreational vehicles with a loan amount of $8,000-$14,999 or over: | 60 months |
| New / used recreational vehicles with a loan amount of $5,000-$7,999 or over: | 48 months |
| New / used recreational vehicles with a loan amount of $3,000-$4,999 or over: | 36 months |
Insurance & Lien Information
PSECU must be named loss payee under your insurance policy providing fire, theft, collision and comprehensive coverage. You must provide PSECU with a copy of your policy. You may carry any deductible up to a maximum of $500.
PSECU must be listed as the first and only lienhlder. The following address should be given to the dealer for listing PSECU on the title:
PSECU
PO Box 67017
Harrisburg, PA 17106-7017