Can You Get a Used Car Loan From a Credit Union?

Can You Get a Used Car Loan From a Credit Union?

Published: September 14, 2018

Buying a used vehicle can be a smart financial choice for a number of reasons.

Not only does a used vehicle depreciate much more slowly than a new vehicle once you drive it off the lot, but you also tend to get a lot more “bang” for your buck with a used car. Still, many people carry the common misconception that vehicle loans are only available to those buying new cars. This simply isn’t the case! At Santa Clara County Federal Credit Union, we offer a wide range of loan options for pre-owned vehicles.

Link to vehicle loans

Used Vehicle Loans

Our used car loans are available with the same great loan terms as our new vehicle loans, so you can enjoy the peace of mind in knowing you’re getting a fair offer. Specifically, loans are available with repayment terms of up to seven years, and depending on your credit history, you may have the ability to finance up to 100% of a used car’s MSRP—so a down payment may not be required. So long as the used vehicle you want to purchase is a model year from the past decade, we’re here to help.


You can apply for a used car loan online from the convenience of your own computer or device, or you can give one of our loan advisors a call at (408) 282-0700 to get started. We strive to make the application process as quick and easy as possible so you can get approved for your financing and move on with shopping for your next car.


If you’re interested in finding out more about our used vehicle financing we look forward to working with you! Contact us today at (408) 282-0700 to get the ball rolling.


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