Payment Saver Auto Loan

A new way to get new wheels

Our new Payment Saver Auto Loan is an alternative financing solution that can put you in the driver's seat. True to its name, this innovative loan can help you save on your payment every month—up to half the cost (or more!) of conventional auto loans.

While Payment Saver has the ownership advantages of a loan, it is calculated like a lease. The result is significant savings on almost any new or pre-owned car up to five years old.

You'll enjoy:

  • No up-front fees or security deposit
  • No pre-payment or early termination penalties

Take the wheel today! Easily compare payments with our PAYMENT SAVER calculator.

How We Do It?

You tell us for how long you want to finance the car—36 or 60 months—and your anticipated mileage (12,000, 15,000, or 18,000 miles a year).

We'll calculate the guaranteed future value (residual) of your vehicle at the end of the term. Then subtract that residual value from the actual purchase price. Your monthly payments are based on the remaining value!

To find out just how much you can save, use our PAYMENT SAVER calculator.

Pay less, afford more!

Because the title is in your name (unlike a lease), you have the option to sell, trade, refinance or pay off the vehicle at any time.

At the end of the term, you can simply return the car to us, pay a $250 fee, and walk away!** Or, you can choose to refinance the residual value with a conventional low-cost CEFCU loan.

To save even more, get pre-approved before you shop and give yourself the bargaining power of “cash in hand.” View our Vehicle Loans FAQs for answers to questions you may have about our auto loan process. If you have additional questions, please call a Loan Officer at (800) 592-3328 ext. 402.

Apply today!

To apply or get your pre-approval or refi in gear, click on the Apply for a Loan option after logging into eBranch. If you're not yet an eBranch user, you can still apply online. Prefer not to apply online? You may also mail or fax your completed Loan Request to the office location most convenient to you.

Driving down the cost of a new car was never so easy!


New/Used Vehicle-Payment Saver Auto Loans

Financing includes purchase price or retail value plus tax, license, documentation fees, and extended warranty.


*Annual Percentage Rate
**You are responsible for the maintenance of your car. If applicable at term end, an excess wear and tear fee may apply. A charge of 10 cents per mile will apply if contracted mileage is exceeded.
^Includes a 1.00% rate discount for payment by Automatic Transfer.
Financing includes purchase price or retail value plus tax, license, GAP, Mechanical Breakdown Protection, and documentation fees. Maximum deductible allowed on auto comprehensive and collision insurance is $1000.00. Certain exceptions and financing requirements may apply.
Rates, fees, and terms subject to change without notice. All loans subject to credit approval.