Vehicle Loans

Rate discount with TrueCar and Northwest Federal

Through July 31, 2018, get 0.50% off your auto loan rate when you purchase a car with TrueCar and finance it with Northwest Federal. Here's how it works:

  • Conveniently search vehicles online - see what others recently paid for the car you want
  • Get guaranteed pricing - enjoy average savings of $3,383 off MSRP* on new cars and discounts on quality pre-owned inventory
  • Receive a 0.50% interest rate discount thru July 31, 2018 - finance with Northwest Federal and purchase with TrueCar
  • Visit the dealership to complete your purchase
  • Drive off with no payments for 90 days** when you finance with Northwest Federal
Apply Today
*Between 7/1/17 and 9/30/17, the average savings off MSRP presented by TrueCar Certified Dealers to users of TrueCar powered websites, based on users who configured virtual vehicles and who TrueCar identified as purchasing a new vehicle of the same make and model listed on the certificate from a Certified Dealer as of 10/31/2017, was $3,383. TrueCar does not broker, sell or lease motor vehicles. Each Certified Dealer sets its own pricing, and will confirm actual vehicle availability from in-stock inventory, including options and color choices.

**No payment due for the first 90 days offer is valid for the purchase of a new or pre-owned consumer auto and refinances from another lender. Credit qualifications apply. Offer is subject to change at any time. Interest still accrues for the first 90 days. This offer is not valid on internal refinances. 
    Car Loans Term Minimum loan amount APR1,2 as low as
    2018-2019 model year up to 36 mos $5,000 3.19%
      37-63 mos $8,000 3.69%
      64-72 mos $10,000 3.99%
      73-75 mos $10,000 4.19%
      76-84 mos $20,000 5.19%
      85-96 mos $40,000 7.49%
    2017 model year up to 36 mos $5,000 3.39%
      37-63 mos $8,000 3.79%
      64-72 mos $10,000 4.19%
      73-75 mos $10,000 4.49%
      76-84 mos $10,000 5.49%
    2016 model year up to 36 mos $5,000 3.69%
      37-63 mos $8,000 3.99%
      64-72 mos $10,000 4.49%
      73-75 mos $10,000 4.69%
      76-84 mos $20,000 5.79%
    2015 model year up to 36 mos $5,000 3.79%
      37-63 mos $8,000 4.19%
      64-72 mos $10,000 4.69%
    2014 model year up to 36 mos $5,000 3.99%
      37-63 mos $8,000 4.49%
      64-72 mos $10,000 4.99%
    2012-2013 model years up to 36 mos $5,000 4.19%
      37-54 mos $8,000 4.69%
      55-66 mos $10,000 5.19%

    1APR=Annual Percentage Rate. Rate is based on an evaluation of your credit history, so your rate may differ. 

    2Rate is based on model year and term. Additional model year terms and rates are available. Rate is valid for purchases and refinances from another lender only; internal refinances are excluded from special rates. Vehicles with mileage over 100,000 add 2 percentage points to rates. Classic cars (20+ years) add 4 percentage points to rates. Terms and rates will vary on loans for business purposes.

    Payment example: car loan with model year of 2018 and loan amount of $20,000 for 48 months at 3.69% APR will have an estimated monthly payment of $449.53. 

     

    Vehicle Loan Options & Resources

    Our new and pre-owned car loans offer:
    •    competitive interest rates and flexible terms
    •    up to 100% financing (including title, registration, taxes, Major Mechanical Protection and GAP)
    •    5,000 bonus reward points* on your Member Rewards MasterCard® 

     for your Pre-Approved Auto Loan (PAL) that can be used for purchase at a dealership or with convenient buying services, Carvana and TrueCar. 

    Apply Today

    Buying a pre-owned car?
    Check its vehicle record first to protect yourself from potential problems down the road. Northwest Federal members can request a CARFAX® report directly from us for just $12.99 (retail value is $34.99). If you finance with Northwest Federal, this fee will be refunded following loan disbursement. 

    *Minimum loan amounts required. Not valid on refinancing an existing Northwest Federal loan.
     

    Refinance Now. Pay Later. 

    If you have a car loan with another lender, chances are you're paying too much. Bring your car loan to Northwest Federal Credit Union to enjoy our low loan rates, flexible terms, and no payments for 90 days* (credit qualifications apply). 

    Refinancing for a lower rate is easy. Simply request a loan payoff amount from your current lender, then apply for your Northwest Federal car loan and include:

    • Vehicle make, model, year and mileage
    • Vehicle Identification Number (VIN)
    • Name and address of the lender

    Apply Today
     
    *No payment due for the first 90 days offer is valid for the purchase of a new or used consumer auto and refinances from another lender. Credit qualifications apply. Offer is subject to change at any time. Interest still accrues for the first 90 days. This offer is not valid on internal refinances. 

    If riding a motorcycle is more your style, we can help you get onto the road with low rates and flexible terms. 

    Apply Today

     

    Whether it’s the open waters or the open road, we have financing available to help you live out your dreams:

    •    Low rates
    •    Flexible repayment terms up to 180 months
    •    Up to 80% financing (based on credit score)

    Apply Today

     

    Nationwide car buying services

    Option # 1: TrueCar – search online for a new or pre-owned car
    Through July 31, 2018, get 0.50% off your auto loan rate when you purchase a car with TrueCar and finance it with Northwest Federal. Here's how it works:

    • Conveniently search vehicles online - see what others recently paid for the car you want
    • Get guaranteed pricing - enjoy average savings of $3,383 off MSRP* on new cars and discounts on quality pre-owned inventory
    • Receive a 0.50% interest rate discount thru July 31, 2018 - finance with Northwest Federal and purchase with TrueCar
    • Visit the dealership to complete your purchase

    *Between 7/1/17 and 9/30/17, the average savings off MSRP presented by TrueCar Certified Dealers to users of TrueCar powered websites, based on users who configured virtual vehicles and who TrueCar identified as purchasing a new vehicle of the same make and model listed on the certificate from a Certified Dealer as of 10/31/2017, was $3,383. TrueCar does not broker, sell or lease motor vehicles. Each Certified Dealer sets its own pricing, and will confirm actual vehicle availability from in-stock inventory, including options and color choices.

    Option #2: Carvana – shop and purchase your car completely online 
    1.    Apply today for a pre-approved auto loan 
    2.    Shop Carvana to purchase your Carvana certified pre-owned car online 
    3.    Enjoy convenient delivery right to your driveway 

    Apply Today