Auto Purchase Loans

Drive home happily

New or used. Hybrid efficiency or minivan convenience. Whatever your needs, you’ve come to the right place for affordable, hassle-free financing.

Competitive rates

As a Maryland-based, member-owned credit union, we offer rates as low as 4.04% APR.*
Flexible term options for every budget

Take your time and keep monthly payments low with terms of up to 84 months.**
Streamlined application

Get approved and head to your local dealer, CarMax, or Enterprise to find your next ride.***
Lease buyout options

Love your current car? We make it easy to buy out your lease with competitive rates and convenient terms.
No payments for up to 90 days†

For a limited time, borrowers can enjoy no first payment for up to 90 days on their new or used auto loan. Offer expires 12/31/2026.

APPLY NOW

Special member offer

SECU members, click below to sign into online banking and see if you're already approved for an auto purchase loan.

CHECK PREAPPROVAL

APPLY NOW

What to expect in the auto loan process

We strive to make the financing process as easy as possible. Here’s what you can expect when applying for an auto loan with SECU.

Before you start, make sure to unfreeze your credit.
Apply online in about 10 minutes with the following information on hand:
1. The amount you would like to borrow
2. Social Security number
3. Employer information
4. Income information (all sources)
We’ll send you an email with the loan decision.
If approved, a loan processer will call you within 24 business hours to discuss the loan. You can reach us at 443-517-5884 or secuconsumerloanprocessing@secumd.com if you have additional questions.
Your loan is valid for up to 60 days from the submission date. After that, you’ll need to reapply.

APPLY NOW

Payment calculator

Car buying is about balancing affordability and desire. Use our auto loan calculator to find the right balance for you.

Let’s get started

We make car buying easier, getting you prepared for the road ahead. Our auto loan specialists can help you choose the loan that best fits your needs.

Schedule In-person Appointment
Schedule Virtual Appointment

Auto news & insights

Hot deals for hot days

July 21, 2026

More money in your pocket is always a good thing.

Your roadmap to buying a car with confidence

July 7, 2026

These key concepts will help you shop smart, stay within your budget, and find financing that works for you.

A-Z guide for all your money needs

May 15, 2026

Get tips and offers to help you achieve financial wellness all year long.

All News & Insights

*APR=Annual percentage rate. Rate above is for well qualified borrowers and applies to specific terms and conditions depending on term of loan. Your actual rate may be higher. Your rate may vary based on term, application and credit history. Advertised rates include auto pay and are subject to change without notice and are subject to credit approval. Additional terms and restrictions may apply. Membership required.

**See here for repayment information.

***Dealerships with names such as “John Smith Ford” or “Southwest Honda” are franchise dealerships. These dealerships have a contract with an automobile manufacturer that allows them to sell its products. They are distinguished from independent dealerships that have names like “Johnny Smith’s Used Cars.” These dealers have no affiliation or contract with any manufacturer. Auto Checks may also be used at Carmax and Enterprise Car Sales.

†First payment for new and used auto loans may be deferred up to 90 days. Excludes SECU refinances. Interest will continue to accrue from the date of loan funding. To qualify, applications must be funded during the promotional period of 5/4/2026 to 12/31/2026.