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.
- $150 Cash
- Car Buying Service
- Auto Express Loan Option
- Great Rates
- Optional Extended Warranty & GAP
- Auto Insurance Discounts
- First Time Auto Buying Program
*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 $20,000 will qualify for a $150 promotional amount, loans balances of $12,000 to $19,999 will qualify for a $100 promotional amount, and loan balances under $12,000 will not qualify for a promotional amount. The promotional amount will be transferred into the member’s savings (S1) 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.
“Our car loan was approved in hours. I found a car that evening, and it was in my driveway the next afternoon. To summarize, from start to finish we had a newer car in 24 hours. Thank you, Mindy!”
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
|Up to 36 months||2.74% APR|
|37 to 66 months||3.09% APR|
|67 to 75 months||3.34% APR|
|76+ months||4.34% APR|
(Note: Loan application is not optimized for mobile viewing.)
|Up to 36 months||2.99% APR|
|37 to 66 months||3.74% APR|
|67 to 72 months||4.24% APR|
|73+ months||5.29% APR|
(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.
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!
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. Our unique rewards-based loan program helps you build credit, and earn great rewards for keeping your payments on track.
GET THE CAR.
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, but in the short term it may be hard to see them, so we’ve created some short-term incentives(2) to keep you on track.
EARN GREAT REWARDS.
Make your payments on time for 12 months:
- Opportunity to refinance at no cost to save you even more money(3)
- Pre-approval for $1000 credit card(4)
Make your payments on time for 24 months:
- A $50 VISA gift card