The Flexible Loan Option

ACFCU’s Flex Car Loan is a unique loan option designed to solve your greatest problem: driving the car you want with affordable monthly payments.

If you’re not familiar with leasing, but like lower monthly payments, use our Flex Car Payment Calculator to see how a Flex Car Loan could work for you.

Lower Monthly Payment - With a Flex Car Loan, a portion of the loan is put off until the end of the term, paid in a lump sum as the final payment. The main benefit of this structure is that it reduces your monthly payment. Your monthly payments could be up to 40% lower than a conventional loan!

Ownership Benefits - The vehicle is titled in your name. At any time during or at the end of your term, you can: buy, sell, trade-in, or refinance.

Lease-Like Options - Enjoy getting a new car every few years? You don’t have to keep the vehicle. At the end of your loan, you also have the option to simply return the vehicle instead of making that final payment.

Qualifying Vehicles - New and used vehicles up to five years old are eligible. Electric vehicles are not.

How It Works

Let’s say you select a Flex Car Loan with a 3-year term. A guaranteed future value is set for what your car will be worth in 3 years. This value is your final payment.

  • At the end of the 3-year term, your vehicle is worth more than your final payment. What do you do with that? Well, you can buy, sell, or trade-in and benefit from the extra money!

  • But what if your vehicle is worth less than your final payment? You can simply return the vehicle and start over fresh with a new car and a new loan!1

Learn more about our Flex Car Loan by speaking with one of our advisors at 703.526.0200 x2 or apply online.

Features & Benefits

  • Own the vehicle & have all of the flexibility/benefits that come with ownership

  • More value for your money – giving you the option to drive a better vehicle

  • Change vehicles more frequently with the flexibility to choose your loan term

  • No money down and NO hidden costs typically found in leasing such as:

    • High money factor

    • Upfront capitalization cost

    • Acquisition fees

    • Security deposit

    • First and last payment

  • NO lease lock, giving you the option to terminate your loan without penalty

  • Variety of mileage options (12,000, 15,000 or 18,000 miles); small charge per mile thereafter

Term over? Choose what to do and we'll handle the rest.

  • Sell the vehicle & pay off the balance

  • Trade it & pay off the balance

  • Keep it & refinance the balance owed

  • Return it

If you choose to turn in your vehicle, we'll pick it up anywhere in the U.S. No long drives back to the dealer.


The Fine Print

Payments made under the Flex Car Loan will not pay off the total loan balance and there will be an outstanding balance at the end of the loan term.

APR* = Annual Percentage Rate. Rates subject to change without notice. Not all applicants will qualify for the lowest rate. Monthly payment examples: New vehicle: $20,000 for 60 months at 3.99% = $268.00. Used vehicle: $20,000 for 60 months at 4.49% = $298.00. Flex Car payment examples are based on new 2020 Kia Forte 2WD 4D Sdn FE Automatic Transmission and used 2016 Hyundai Santa Fe 2WD 4dr Wagon SE. Payment examples may be different due to payment protection, etc. Flex Car payments are specific to the type of car and its residual value calculation. Calculator is not a guarantee of credit.

1. Disposition fee of $195.