Vehicle Loans

Finance with Central Credit Union, and save on your next vehicle loan. Not only do we have great auto loan rates, up to 110% financing, terms up to 84 months and more, we offer the same great deals on motorcycles, boats and RVs.

Looking to buy or refinance a car, motorcycle, boat or RV?

  • Pay less with our great, low rates
  • Lower your rate even more with our relationship discount
  • Enjoy up to 110% financing
  • Get approved online in as little as 60 seconds
  • Refinance your loan from another institution and save
  • Repay your loan easily with automatic payments
  • Protect yourself with our insurance coverage

We are happy to offer you several ways to save with an even lower rate.

  • Member Relationship Discount - Lower your rate by .10% when you have a checking account, real estate loan, vehicle loan or Visa Platinum with us when you disburse your loan at the credit union
  • Premiere Points Discount - Redeem 5,000 Visa Premiere Points for a .25% rate reduction
  • Beat The Competitor - Take advantage of our Beat The Competitor program. Call our Loan Department at (708) 649-6420 for details.

We’ll finance up to 110% of the manufacturer’s suggested retail price less any manufacturer’s rebate for new vehicles and up to 110% of the NADA book retail price for used vehicles for qualified members.

Refinance your loan from another institution, and downsize your car payment.

  • Reduce the total interest you pay
  • Possibly lower your monthly payments
  Other Institution Vehicle Loan Central Credit Union Of Illinois Vehicle Loan
Amount $20,000 $20,000
Rate 5.00% APR 6.54 APR
Term 60 Months 63 Months
Monthly Payment $377 $347
Total Interest $2,647 $1,863
Total Interest Savings $0 $784

Listed rate includes .10% relationship discount.





Be prepared. Take advantage of insurance coverage.

Mechanical Repair Coverage

Prevent costly future repair expenses by taking advantage of our Mechanical Repair Coverage.

  • Coverage compliments and often exceeds manufacturers' warranty coverage
  • Plan choices that include the length of time and mileage that best suit your needs
  • Coverage can be purchase for both new and used cars
  • Coverage is transferable to future owners adding to your car's resale value

Payment Protection

Financially protect your family with Payment Protection.

  • Should you die or become disabled, your loan payments will be made, up to your policy maximum, after your waiting period.
  • Your monthly premium will be added to your loan balance each month so that you only pay interest on your balance and not on the insurance premium.

Guaranteed Asset Protection Coverage

Protect yourself in case your vehicle is lost to theft or an accident with GAP coverage.

  • Coverage will pay the difference between your insurance settlement and your remaining loan balance (directly related to the automobile purchase).
  • Your monthly premium will be added to your loan balance each month so that you only pay interest on your balance and not on the insurance premium.

For more information about loan-related insurance, click here.

Central Credit Union could help save you hundreds on Auto Insurance.

If you haven't gotten an Auto Insurance quote lately, your credit union membership could help you save hundreds of dollars.  Central Credit Union members may qualify for a discount on Auto Insurance through the TruStage™ Auto Insurance Program. You could save big, and it could be simple to switch carriers—without losing any money.

TruStage makes available a powerful mix of savings and popular, member-friendly benefits:

  • Credit union members could save hundreds*
  • Nationally recognized companies
  • Friendly, 24/7 service—even on holidays
  • Discounts for multiple vehicles, good driving and more**
  • Mobile app for easy claims

For more information or to get a quote, click here.

TruStage is underwritten by CMFG Life Insurance Company, which is rated “A” (Excellent) as of December 2022 by A.M. Best, an independent rating service which evaluates financial stability and operating performance, year after year. An “A” rating is the third highest of 16 ratings.

*Savings validated by survey of participating new customers who switched to a Liberty Mutual policy between 10/2021 and 09/2022 with self-reported comparable coverage from their prior carrier. Savings may vary.

** Discounts and savings are available where state laws and regulations allow, and may vary by state. Certain discounts apply to specific coverages only. To the extent permitted by law, applicants are individually underwritten; not all applicants may qualify.  Auto and Home Insurance Products are issued by Liberty Mutual Insurance Company, 175 Berkeley Street, Boston, MA. To the extent permitted by law, applicants are individually underwritten; not all applicants may qualify. Liberty Mutual Copyright 2023. Discounts are not available in all states and discounts vary by state. A consumer report from a consumer reporting agency and/or motor vehicle report will be obtained on all drivers listed on your policy where state laws and regulations allow. Please consult your policy for specific coverage and limitations. The insurance offered is not a deposit, and is not federally insured, sold, or guaranteed by any financial institution. © TruStage

Calculate your possible monthly payments and total interest. Click here.