Pre-Owned Vehicle Loans

  • Financing available for up to 100% of Kelley Blue Book Wholesale Value including tax, license, GAP and dealer warranty.

  • Model years 2001 and newer are eligible for financing.

  • Minimum Loan Amount, $5,000.

  • Existing PFCU auto loans not eligible for refinancing.

Private Party Purchases

If you are purchasing your vehicle through a private party, please include the following documents and information with your application:

  • Is the title free and clear?
  • If the seller is not currently financing the car, the original Certificate of Title.

  • If the seller is currently financing the car, name of lender, lender's telephone number and loan number.

  • Written inspection or photographs of the vehicle. Include current mileage and all equipment options.

  • Copy of the current vehicle registration document.

Refinancing Vehicle Loans from Another Lender

If you are refinancing a vehicle loan currently financed through another lender, please include the following with your application:

  • Written inspection or photographs of the vehicle. Include current mileage and all equipment options.

  • Copy of the current vehicle registration documents.

  • Loan number of the vehicle to be refinanced.

  • Name and phone number of lender.

Due to privacy concerns, lenders may not release information about your
loan directly to us. We may ask that you obtain payoff information about
your loan and forward it to us.

Lease Buyouts

We can finance your lease buyout. The loan is treated as a used car loan with our standard rates and terms. Please provide the following with your application:

  • Lease Buyout instructions from your leasing company. The instructions
    should outline the amount required to terminate the lease, a condition
    report, and instructions for completing the DMV paperwork.

Due to privacy concerns, most leasing companies will not provide information about your lease directly to us. Also, the leasing company involved may direct you to an affiliated auto dealer to complete the lease termination procedure. In such cases, the dealer will assist you in completing our loan paperwork.

Parsons Federal Credit Union is unable to finance vehicles registered to a business.

Car Buying Services

Kelley Blue Book

Whether you are buying, selling, or trading a vehicle, Kelley Blue Book gives you all the information you need to make informed choices.

All new and pre-owned vehicle pricing reports are FREE to car buying consumers. In fact, Kelley Blue Book provides over 9 million free reports every month! You can even find out what new cars people are most interested in by reviewing the results section.

Edmund's Automobile Buyer's Guides

Since 1966, Edmund's has been committed to providing a central source for consumer-oriented automobile information. Edmund's does not operate to help the industry sell more automobiles. It serves the interests of consumers, with a priority on finding the best vehicle for the auto-buyer’s needs.

Auto Quest

Auto Quest is an auto broker serving credit union members in California. Once you've decided which vehicle you want and know your color preferences and additional options choices, your Auto Quest representative will go shopping for it! When your dream car is located, Auto Quest will make all the arrangements for you to take delivery.

Enterprise Car Sales

Enterprise Car Sales offers late model, certified pre-owned vehicles online.

  • Log in to CU Online to apply for your loan online
 



 

This credit union is federally insured by the National Credit Union Administration

 
     
 


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