Vehicle Loans

City of Boston Credit Union offers several financing options to meet your vehicle financing needs for both cars and motorcycles. If you've got plans to purchase a New or Used Vehicle or Refinance your current auto loan from another institution, be sure to check out your financing options from us!

When you're out shopping also keep in mind that you can take the manufacturers rebates from the dealer and still get a great rate by financing with us.  You can even get pre-approved by us before you go shopping - it's easy, just click on Apply for an Auto Loan to the left. 

Our financing options include terms up to 84 months for new vehicle purchases and up to 72 months for used vehicles that are six (6) model years old or less or up to 60 months for used vehicles that are seven (7) or eight (8) years old.   You can borrow up to $100,000 for a new vehicle or up to $75,000 for a used vehicle.

Qualified borrowers can also choose to add on tax, title, warranty or GAP (Guaranteed Asset Protection) insurance coverage costs into their financing.

We have options for extended warranties** that are much more cost effective than the dealership. We also offer Guaranteed Asset Protection (GAP) Insurance Coverage, which helps protect you against financial loss in the event the vehicle is totaled or stolen and deemed a total loss.***

Receive complimentary Auto Deductible Reimbursement coverage for one year up to $500 per loss (limit two losses per year).+

**Extended Vehicle Warranties are a purchase option offered through Route 66.

***Guaranteed Asset Protection (GAP) Insurance Coverage is a purchase option offered through Allied Solutions.

+City of Boston Credit Union will provide you the complimentary Auto Advantage Plan, from AssurancePlus. The Auto Advantage Plan includes an Auto Deductible Reimbursement (ADR) benefit, Personal ID Restoration Consulting service and Warranty Vault™ storage service. The ADR benefit Pays up to five hundred dollars ($500) per Loss (limit of two losses per year) when a Loss is filed and paid by your Auto Insurance Company for the Covered Auto the Member owns AND insures under an Auto Insurance Policy designating the Member as the Named Insured. Covered Auto refers to the Specific Vehicle Identification Number (VIN) for which the Member was provided the Auto Advantage Plan. Coverage is effective upon date of enrollment and will continue for one (1) year.

Maximum mileage of 90,000 miles.

Check our current rates

Car Buying Research Resources

AutoSmart Program

Aside from financing your new or used vehicle with City of Boston Credit Union, you can also do your research using our tools and resources found on our AutoSmart page.  Here you can:

  • Research and compare new and used vehicles by searching inventory at local participating dealers for the make, model and options you're looking for
  • Order a history report on a used vehicle 
  • Do a lemon check
  • Get an estimate of the value on your trade-in

Enterprise Car Sales

You can learn more about Enterprise Car Sales already low, no-haggle pricing of the nation's best selection of quality used vehicles by visiting

Recreational Vehicles (RVs, trailers, campers & boats)

City of Boston Credit Union also offers financing for New/Used Recreational Vehicles (RV’s), trailers, campers and boats up to $100,000.

Utilize exclusive access to the Love My Credit Union Rewards Powersports, RV & Boat Buying Program for search tools and member discounts. 

What You Need When Applying for any Vehicle Loan

  1. Purchase and Sales Agreement
  2. Copy of Window Sticker (only if it's a new)
  3. Copy of the title is required (if vehicle is used, additionally, no salvaged or reconstructed vehicles/cycles will be financed.)
  4. RMV-1 Form
  5. Current Pay Stub
  6. Insurance Binder