Vehicle Loans

Auto Power Program - For New & Used Vehicles

Shopping for your next new or used vehicle is as easy as 1-2-3! SECU offers the Auto Power Program, which allows you to shop for your next vehicle at your leisure and make a deal on the spot. This program provides you with a blank pre-approved check, up to a specific dollar amount for the purchase of your vehicle from a licensed auto dealer. With the Auto Power check in hand, you can make the deal and drive away in your vehicle without ever going to a Credit Union branch!

New Vehicle Loans

The Credit Union offers fixed-rate financing for new vehicles for terms up to 96 months. We finance up to 100% of the Manufacturer’s Suggested Retail Price (MSRP) plus an additional 25% to cover other purchase related expenses such as tax, tags, extended warranties, etc. Cash out refinances are limited to 100% of the value of the vehicle based on the NADA retail value.

  • Must be current, prior or upcoming year model with 10,000 miles or less
  • The vehicle title will be held as collateral until the loan is repaid
  • May be repaid at any time without penalty
  • Must have collision and comprehensive insurance protection with a maximum deductible of $1,000 for the duration of the loan
  • Flood, salvage and reconstructed title vehicles, motorcycles, boats and RVs are not acceptable as collateral
  • Lending is limited to residents of North Carolina, South Carolina, Georgia, Tennessee and Virginia
  • Members must be 18 years of age or older to be eligible for lending services

Up to 36 Month Terms

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Using Payroll Deduction or
Funds Transfer Pay

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Using Direct Pay

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37-60 Month Terms

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61-72 Month Terms

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73 - 96 Month Terms

% APR1
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Funds Transfer Pay

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% APR1
Using Direct Pay

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Used Vehicle Loans

The Credit Union offers fixed rate financing for used vehicles. For the purchase of a used vehicle, we will finance up to 125%2 of the value of the vehicle based on the NADA retail value. Cash out refinances are limited to 100% of the value of the vehicle based on the NADA retail value. Determine the value of your vehicle in the Auto Center section via Member Access.

  • Terms up to 72 months
  • The vehicle title will be held as collateral until the loan is repaid
  • May be repaid at any time without penalty
  • Must have collision and comprehensive insurance protection with a maximum deductible of $1,000 for the duration of the loan
  • Flood, salvage and reconstructed title vehicles, motorcycles, boats and RVs are not acceptable as collateral
  • Lending is limited to residents of North Carolina, South Carolina, Georgia, Tennessee and Virginia
  • Members must be 18 years of age or older to be eligible for lending services
  • Loan Term Limitations may apply depending on mileage

For All Terms Up to 72 Months

% APR1
Using Payroll Deduction or
Funds Transfer Pay

Calculate Payment »

For All Terms Up to 72 Months

% APR1
Using Direct Pay


Calculate Payment »
The Credit Union also offers automobile insurance. To obtain a risk-free quote, please contact a Credit Union insurance representative.
1APR = Annual Percentage Rate
2Cash out is not available on vehicle purchase transactions