New/Used Auto & Motorcycle Loans

Diamond’s new/used auto and motorcycle loans offer a distinct advantage over other loans. Diamond’s auto loans feature:

  • Extended financing options (up to 7 years) available.
  • The same loan rate for both new and used vehicles.
  • Up to 115% financing, including taxes, tags and extended warranties.
  • Flexible payment plans.
  • Pre-approvals online. Refinancing is also available.
  • Models older than 6 years are priced at unsecured (signature) rates.
Annual Percentage Rate (APR), Term, Loan to Value (LTV), and other loan determinations are subject to credit and collateral review.

National Leader in Auto Lending*

*2018 Raddon Financial Group: Diamond Credit Union is the leading credit union in the area of direct auto lending when compared to participating credit unions throughout the nation.


auto loan promo july 2019


*Offer valid on all new/used auto or motorcycle loans directly financed or refinanced by Diamond Credit Union. RV financing, existing Diamond Credit Union loans, and Diamond Credit Union loans obtained through third party partner auto dealerships are not eligible for this offer. An opening loan balance of at least $12,000 will qualify for the $100 cash back promotional amount; loan balances under $12,000 will not qualify for the cash back promotional amount. The promotional amount will be transferred into the membership share savings account once the loan is funded. If the loan is then refinanced from Diamond to another financial institution within 90 days of the purchase/refinance, then the promotional amount will be added to the loan payoff amount. Must be 18 years of age to qualify. Promotional incentives may be subject to income reporting. Certain conditions and restrictions may apply. **Interest will continue to accrue during the 90-day payment break and may extend the term of the loan. ***Not all who apply or refinance will qualify for the rate match. Rate matches on refinanced auto loans are subject to credit requirements. All offers are valid for a limited time, please see a DCU representative for more details.

Search top brands and save!

See what other paid for the new car you want or search an extensive used car inventory so you can feel confident in your car buying experience. The Certified Dealers will find in-stock vehicles that match what you’re looking for and you can get real pricing on local dealer inventory. Search for your favorite brands and save! Learn more about the Diamond Car Buying Service powered by TrueCar.
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auto express loan

“Being pre-approved for a car loan was an awesome way to go! We went to the dealer, told them what we were looking for, presented the check, and we got the car I really wanted!”

Ready to buy a car?

Whether you’ve already found the perfect car or just want to be prepared to drive one right off the lot, Diamond’s Auto Express Loan may be just what you need. Apply now and qualified applicants will receive a check to take to any dealership to make your purchase and drive your new car right off the lot…regardless if you’re still shopping or if you’re ready to seal the deal.

Get your car in just 3 easy steps:

1) Get pre-approved for the maximum dollar amount to spend.
2) Sign the disclosures and receive your check.
3) Find your car, fill out the check, and drive away!


New/Used AutoLoan Disclosure

Auto Term Rate
Up to 36 months 2.99% APR
37 to 66 months 3.59% APR
67 to 75 months 3.99% APR
76+ months 4.99% APR

Apply for: Pre-approval Purchase Refinance

(Note: Loan application is not optimized for mobile viewing.)

New/Used MotorcycleLoan Disclosure

Motorcycle Term Rate
Up to 36 months 3.49% APR
37 to 66 months 3.99% APR
67 to 72 months 4.99% APR
73+ months 5.79% APR

Apply for: Purchase Refinance

(Note: Loan application is not optimized for mobile viewing.)

Plus, Get a 90 Day Payment Break*

From the date of your loan signing on a new, used, or refinanced auto/motorcycle, we’ll let you go payment-free for the first 90 days.

*Interest will continue to accrue during the 90 day payment break. Diamond Credit Union loans obtained through third party partner auto dealerships are not eligible for the 90 day payment break. Other terms and conditions may apply.

Extended Warranty

The Extended Warranty coverage, also referred to as Mechanical Breakdown Protection (MBP), provides protection against mechanical breakdowns beyond your existing manufacturer’s warranty. Even the most reliable vehicle can develop a mechanical problem. For years, auto dealerships were your only option for purchasing an extended warranty. The Extended Warranty program from Allied Solutions provides protection against the increasingly high cost of repairs and associated labor costs for mechanical and electrical vehicle failures.

  • Nationwide Coverage.
  • No Deductible on covered parts and labor with direct payment to the repair facility.
  • Emergency Road Services including Towing, Flat Tire Assistance, Battery Jumpstarting and Lock-Out Service—24-hours a day, 7 days a week, 365 days a year.
  • 30-Day Money Back Guarantee – cancel for any reason within the first 30 days and get a full refund provided you have not submitted a claim.


Guaranteed Asset Protection (GAP)

GAP covers the deficiency balance on your loan in the event of a total loss or theft. Most insurance companies only pay the Cash Value of the vehicle at the time of the loss. Your remaining loan balance could be much greater than the Cash Value of your vehicle creating a deficiency of several thousand dollars that you’re liable for!


Auto Insurance

As a credit union member, you have the chance to save money on your car insurance. Diamond has joined with TruStage (TM) so you can get the coverage you need from leading insurance companies, the service you deserve, and the savings that only come with credit union membership.
Additional discounts may include multi-car, anti-lock brakes, airbags and automatic seat belts, anti-theft device, and good student rewards.

TruStage Auto & Home Insurance Program (or call 1-855-483-2149)

First Time Auto Buying Program*

If buying a car is a “first” for you, then consider Diamond’s First Time Auto Buying Program. This special program helps you get behind the wheel and build credit.


Diamond created the First Time Auto Buying Program* specifically to meet your needs. Your first auto loan is a big step, and you should take that step with a financial institution you can trust.


Believe it or not, your first auto loan is about much more than driving home in your own car. This is one of the first opportunities you’ll have to start building a good credit history. In the long run, your credit history can help you get approved for loans, be accepted as a renter, and even buy a house. The long-term rewards of building a good credit history are countless.

Request this special loan by phone at 800-593-1000 or by visiting any Diamond branch.

*FIRST TIME AUTO BUYING PROGRAM: (1) Down payment required of 10% of purchase price. May be waived with cosigner. Finance up to $15,000 without cosigner. Cosigner may be required above $15,000. Applicant must meet underwriting guidelines to qualify such as credit score, employment, income and length of residence. (2) Benefits of Diamond’s First Time Auto Buying Program are valid for open auto loan accounts in good standing with satisfactory on time payments. (3) Refinance would be priced at rates currently in effect and at the credit tier based on borrower’s credit score. Member must contact Diamond Credit Union to request your refinance. (4) Member must request card and meet underwriting guidelines to verify the ability to make the required minimum periodic payments under the terms of the account based on income or assets and current obligations. Additional restrictions apply to credit card applicants under the age of 21.