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Auto Loans

Welcome to your All-in-One
Auto Center!


If your are looking to buy a new or used vehicle, you are in the right spot.  CommonWealth Credit Union is Kankakee County's #1 Auto Lender!  Here you will find information on all our vehicle loan products, view current rates, and even apply for a loan online.  You can also view helpful car buying tips and articles that will help you find the vehicle and loan that fits you best.  Buying a car requires some research and our goal is to give you the resources necessary to make the smartest financial decision.  From loan pre-approval, to vehicle research, to where to find your dream car, CommonWealth Credit Union is here to help you every step of the way.    

Resource Center

New Vehicle and Motorcycle Loans

Choose CommonWealth Credit Union to finance your next vehicle. We offer you up to 100% financing on new vehicles, based on MSRP including tax and license, and based on your individual credit history and/or rating.  And since we’re a credit union and not a bank or dealer, we don’t mark up our rates so you know you’re going to get the best rate possible.


Used Vehicle Loans

Want to purchase a used vehicle? We can help with used vehicle financing too! Like new vehicle loans, we offer you up to 100% financing of the NADA guide's retail value including tax and license. Call the loan department for details at (815) 937-7440.

SPECIAL OFFERS

-GET YOUR VINTAGE RIDE WITH A MODERN LOAN
RATES AS LOW AS 3.99% APR*

*APR=Annual Percentage Rate.  Up to 60 mos.  All loans subject to credit approval.  Current Cwcu loans are not eligible.  Rate may vary based on credit, term and value.  Payment on a loan with a 60 mos. term at 3.99% APR would be $460.38 per $25,000 borrowed.  Minimum loan amount of $10,000.  Other auto rate specials available for loans up to 84 mos.  Other restrictions may apply.  Rate subject to change.  Offer ends September 30, 2022.

Recreational Vehicle and Boat Loans

CommonWealth Credit Union offers you financing on new and used recreational vehicles and boats. Contact the loan department for more details at (815) 937-7440.

SPECIAL OFFERS

-EXPLORE THE GREAT UNKOWN WITH AN RV LOAN
RATES WITH A 10YR. TERM AS LOW AS 5.99% APR*

*APR=Annual Percentage Rate.  Up to 120 mos.  All loans subject to credit approval.  Current Cwcu loans are not eligible.  Rate may vary based on credit, term and value.  Payments on a loan with a 120 mos. term at 5.99% APR would be $444.00  per $40,000 borrowed.  Minimum loan amount for a 10yr. term is $40,000.  Also offer minimum loan amount of $10,000 for a 5-7yr. term with lower rates.  2014 & newer RV's only.  Maximum 60,000 miles.  Only RV's with engines.  No Campers or Trailers.  Other restrictions may apply.  Rate subject to change.   Offer ends September 30, 2022. 

Refinancing

Now is a great time to refinance your existing mortgage to take advantage of the low rates.


Benefits of refinancing:

  • Keep your auto payment local instead of a "big" bank
  • Lower your interest rate
  • Lower your monthly payment
  • Add a warranty or a GAP Plus to your auto loan or compare our costs with your current loan
  • Free auto loan analysis; just call one of our car loan experts to see how we rate

Additional Vehicle Loan Services


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