Auto Loans

Auto Loans

Honk your horn with joy — we can help you purchase a new or used vehicle with a great rate, and up to 125% financing. On top of that, our friendly loan experts will work with you to establish terms suitable to your budget.

Because all of our decisions are made here in the East Los Angeles area, we'll get a decision to you quickly. You can even get pre-qualified to have better buying power at the dealership — so apply today!

And for a limited time, enjoy rates as low as 1.49% APR!*

* APR = Annual Percentage Rate. Rates shown are current as of 04/01/2015, and reflect all possible discounts, and are valid on terms up to 36 months. Your rate may vary. Rates and terms are subject to change without notice. There is a 0.25% basis point discount for a) Automatic debit from a Camino Checking account, and b) Relationship discount with Camino Federal Credit Union - Checking account, Direct Deposit, Debit Card, Credit Card, Online Banking, Bill Pay, or another type of loan (requirement is three (3) out of the seven (7) products/services). Total rate discount if qualifications are met, is 0.50%. Rate discounts subject to change at any time. All loans subject to credit approval and credit union membership.

  • Competitive rates
  • Variety of terms (up to 72 months)
  • 125% financing available (including tax and license)
  • New and used vehicles
  • Easy application process
  • Fast, in-house approvals
  • Pre-qualification for better buying power
  • GAP coverage available (see Insurance tab)
  • Local, East Los Angeles decision-making
  • Friendly, personalized service

Check out our current rates.

First Time and Second Chance Auto Loan Programs

  • Available to people who would otherwise have a hard time securing financing
  • First Time Auto Loan
  • For first-time car buyers looking to build their credit history
  • Second Chance Auto Loan
  • For people needing to repair their credit history
  • Experienced Member Advisors make the process as easy as possible

Buyer Services & Insurance

No matter what kind of car or truck you're looking for, we can help. In addition to great loan rates, membership with Camino Federal Credit Union provides access to exclusive specials and services.

Car Scouts

Shopping for your next vehicle is easy with Car Scouts Credit Union Auto Buying Service by your side. Relieve the anxiety that goes with buying a car from the dealership. Car Scouts makes buying your next vehicle simple, along with the convenience of delivering the vehicle here at Camino Federal Credit Union.

Credit Union Direct Lending

Get a Camino auto loan right at the dealership—even when our office is closed. Simply shop at a participating Credit Union Direct Lending (CUDL) dealer. Tell your salesperson that you're a member of Camino and they'll accept your loan for processing. You'll get an answer within minutes. CUDL is available 7 a.m. to midnight, 365 days a year. Choose from hundreds of CUDL dealers representing all major manufacturers.

Enterprise Car Sales

Enterprise Car Sales offers nationwide certified used cars online. Enterprise vehicles have been professionally maintained and come with a limited warranty and seven- day buy-back guarantee. As a credit union member, you have access to exclusive discounts.

GAP Coverage

Guaranteed Asset Protection (GAP) is available with Camino auto loans. In the event your vehicle is stolen or totaled, but the insurance doesn't cover the full amount of the remaining loan balance, GAP will cover that difference. This very low-cost coverage can be rolled into your loan amount, so there is no separate payment. GAP is especially useful when taking a loan with an extended term (e.g., 60 months) or buying with no/little money down.

Camino Credit Protection Plan

Thinking about taking out a loan to make home improvements or buy a vehicle? It can be a financial gamble because life happens. You're betting you can pay back your loan and you won't lose your job (to no fault of your own), or become disabled (due to injury or illness), or pass away--which could leave your family responsible for your loan balance.

Camino Credit Protection Plan is a voluntary loan-payment protection product that helps preserve your family's standard of living and helps give you relief from financial burdens if a protected life event such as disability, loss of life, or involuntary unemployment happens to you.

Contact us and ask about protecting your loans today.

Disclosure: Your purchase of Camino Credit Protection Plan is optional and will not affect your application for credit or the terms of any credit agreement required to obtain a loan. Certain eligibility requirements, conditions, and exclusions may apply. Please contact your loan representative, or refer to the Member Agreement for a full explanation of the terms of Camino Credit Protection Plan. You may cancel the protection at any time. If you cancel protection within 30 days you will receive a full refund of any fee paid.

DPGAP-0813-5B2B, © CUNA Mutual Group 2014, All Rights Reserved.

Nearly New Auto Refinancing

Paying too much for your current vehicle? We can help lower your rate and monthly payments!

For a limited time, we are offering members who have purchased a new automobile (car, truck, or van) from a dealership and are currently paying on the original loan the chance to refinance at new automobile rates -- regardless of the length of time you've had the vehicle.*

Contact us today to refinance your vehicle!


  • Lower your loan rate
  • Receive new auto loan rates on vehicles that most lenders would consider used
  • Doesn't need to be refinanced within the model year
  • Doesn't need to be 6,000 miles or less
  • Fixed rate loans available
  • No prepayment penalty
  • Low-cost Mechanical Breakdown, Debt Protection, and GAP insurance available

Lending Limits

  • Maximum loan amount of $75,000
  • Minimum loan amount of $5,000
  • Maximum term of 72 months


  • Original owner of automobile when it was new
  • Owner paying on original loan
  • Mileage cannot exceed 100,000 miles

*The member will be able to refinance their automobile at new auto loan rates for the remaining term of the original loan. For example: Owner's original loan is for 60 months with 48 months remaining. They can refinance the remaining loan amount at new auto rates for 48 months. The maximum LTV cannot exceed 125% of the Kelly Blue Book or NADA, including Credit Union Mechanical Breakdown Insurance, with approved credit.