Whether you are buying new, shopping for a used car, or refinancing a loan you already have, 1st Ed Credit Union offers competitive auto loan rates for members across Pennsylvania.
As a not-for-profit credit union, we return value to members through low rates, flexible terms, and local decision-making. That means more of your money stays in your pocket instead of going toward interest.
Get Pre-Approved TodayOur credit union auto loan rates are among the most competitive in the area, and because we are member-owned, we can often beat the rates offered by big banks and dealerships.
View our current auto loan rates on our loan rates page, then apply online in minutes.
All loans are subject to approval, and your rate is based on factors like your credit history, loan term, and whether the vehicle is new or used.
| Info and/or Terms | APR |
|---|---|
| Up to 36 months (as low as) | 4.79%* |
| 37 - 60 months (as low as) | 4.95%* |
| 61 - 72 months (as low as) | 5.25%* |
*APR=Annual Percentage Rate. APR and loan approval based on creditworthiness, loan term, loan to value, and age of collateral. Refinancing of 1st Ed loans do not qualify. Rates subject to change without prior notice. Restrictions apply. Equal Opportunity Lender.
First payment for new/used auto/motorcycle loans and external refinances of the same nature may be deferred up to 90 days. Excludes 1st Ed refinances. Interest will continue to accrue from the date of loan funding. Ninety-day payment deferment based on creditworthiness, loan amount, and age of collateral. To qualify for the 90-day no payment promotion, applications must be funded during the promotional period of 08/01/26-09/08/26.
Not a member? Visit https://www.1edcu.org/about-us/membership/ to see if you qualify.
Need a new car? Or looking for a way to save money every month on your vehicle loan? This summer, when you finance your new or used car, truck, or motorcycle at 1st Ed you can send your wallet on vacation with the coolest rates around and 90 days payment-free.* Whether you’re looking to ease the pain at the pump or enjoy your summer free of worries about your auto loan payment, we’re here to help. Plus, you get the great features that come with financing at 1st Ed:
Click below 24 hours a day to start your application. You can also call 717-264-6506 (option 6) for a representative to take your application by phone.
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A loan from 1st Ed almost always cost less than the competitors’. You’ll save with reasonable rates and terms. When reviewing your loan options, consider the money-saving features we offer at 1st Ed:
We finance both new and used vehicles, so you can choose whichever option fits your lifestyle and your budget. New car loans typically carry the lowest interest rates, while used car interest rates in PA are usually a bit higher to reflect the age and mileage of the vehicle.
Getting pre-approved before you shop puts you in the driver’s seat. You’ll know your rate, term, and budget before you ever set foot on a lot, which gives you real leverage when it’s time to negotiate.
Either way, our team will help you find a term and monthly payment that works for you, with no prepayment penalties if you decide to pay your loan off early.
A few factors shape the rate you qualify for: your credit score and history, the length of the loan term, the age and mileage of the vehicle, and your down payment.
Members with stronger credit generally qualify for the lowest auto loan rates, but our lending team works with members across the credit spectrum and can talk through options if you are still building or rebuilding your credit.
A new Automobile, Motorcycle or Recreational Vehicle Loan:
A used Automobile, Motorcycle or Recreational Vehicle Loan:
If your loan is approved prior to funds being disbursed, an insurance binder with the appropriate coverage showing 1st Ed Credit Union as lien holder will be required.
1st Ed Credit Union serves members through branches in Chambersburg, Greencastle, and Hanover. Our field of membership spans Adams, Cumberland, Franklin, Fulton, and York Counties. If you live, work, worship, or attend school in the area, you may be eligible to join and finance your next vehicle with a local team that knows your community.
Become a MemberOur auto loan rates vary based on the loan term, the age of the vehicle, and your credit history. As a member-owned credit union, 1st Ed keeps rates competitive and often lower than banks or dealerships. See our current auto loan rates on our loan rates page, then apply online in minutes.
A credit union auto loan works much like any auto loan: We finance your vehicle and you repay it in fixed monthly payments over a set term. The difference is that, as a not-for-profit, 1st Ed returns value to members through lower rates and fewer fees. You can get pre-approved before you shop, which gives you greater bargaining power at the dealership.
Financing keeps your savings intact while giving you a predictable, manageable monthly payment instead of one large hit to your bank account. Your payment is based on your loan amount, APR, and term. Getting pre-approved before you shop lets you lock in a rate and budget ahead of time. Making on-time payments can also help strengthen your credit score over time. Read more about the benefits of financing a car with 1st Ed Credit Union.
There is no single cutoff. Members with stronger credit typically qualify for the lowest rates, but our lending team reviews each application individually and works with members at many different credit levels. If you are still building credit, contact us, and we can talk through your options.
Yes. GAP Plus Coverage can help cover the difference between what your insurance pays and what you still owe if your vehicle is totaled or stolen, and Protection Plus can help protect your loan payments if a job loss, disability, or other life event affects your ability to pay. Both typically cost less through 1st Ed than similar coverage at the dealership, so it’s worth asking about them when you get pre-approved.
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