With great rates and quick approvals Ellafi Federal Credit Union is a clear choice for a car loan in CT.
We remove roadblocks so you can zip through the car loan process and drive away in the ride you’ve been wanting. Apply for a Ellafi Federal Credit Union auto loan easily with our online application. Or, if you prefer to take care of financing when you’re ready to buy, just visit a participating dealer and ask to finance through Ellafi FCU.
Skip your first payment for 60 days!
When you open a new or used auto loan with Ellafi FCU, you have the option to skip your first payment for 60-days*, giving you time to pay other bills, put the money in savings, or put the payment towards something else - it's totally up to you!
Credit Union Car Loan Benefits:
- Excellent car loan rates that beat industry averages
- Flexible and affordable terms for payments
- Make your car loan payments through Online Banking
- Guaranteed Asset Protection (GAP) to protect yourself in the event your vehicle is stolen or totaled, substantially less than what the dealer charges
- AssureGuard Mechanical Breakdown Protection available for peace of mind on new and used autos
Refinancing Auto Loans
Have you ever wondered if you could get a better interest rate, lower a car payment, or reduce the term of your loan? Chances are, you can. If you currently have a car loan somewhere other than Ellafi FCU, you may be able to lower your payment by refinancing your car loan. We make it easy to refinance your car loan with a Ellafi Federal Credit Union car loan that better fits your financial needs.
- Lower your interest rate
- Reduce your monthly payments
- Choice of terms and payment options
- Easy application process
Make an appointment with our car loan team in the branches!
Do you have questions about your account? Do you need to apply for a car loan or a credit card?
If you schedule an appointment online, you can choose the time and date that works best for your schedule to come into our Meriden or Middletown, CT branch. You can avoid waiting in the lobby when you need financial help.
Looking for help paying your car loan in CT?
Upload Auto Loans Documents
Ellafi Federal Credit Union makes it a priority to ensure your personal and financial information is protected. In this day and age of conducting business electronically, it is important that sensitive documents are sent securely.
For this reason, Ellafi Federal Credit Union provides a secure online method to safely send sensitive documents directly to us using Docusign. Based on the type of documents that you need to send to us, please utilize the link below to upload your sensitive files and/or documents to us.
Current Auto Loan Rates CT
New Auto Loan Rates in CT (2025 & 2024)
| Term | Rate* | Payment Amount Per $1,000.00 Borrowed | Assumptions |
|---|---|---|---|
| Up to 60 months | as low as 5.24% APR | $18.98 | Platinum credit and loan amount of $25,000 |
| 61 to 72 months | as low as 5.35% APR | $14.60 | |
| 73 to 84 months (Min $25k loan amount) |
as low as 5.99% APR | $14.84 |
Used Auto Loan Rates CT
| Term | Rate* | Payment Amount Per $1,000.00 Borrowed | Assumptions |
|---|---|---|---|
| Up to 60 months | as low as 5.74% APR | $19.33 | Platinum credit and loan amount of $25,000 |
| 61 to 72 months | as low as 5.84% APR | $16.62 | |
| 73 to 84 months (Min $25k loan amount) |
as low as 6.74% APR | $15.09 |
*Rate determined by your credit history and term and subject to change without notice. Annual Percentage Rate (APR) includes a 0.25% rate discount with Auto Pay from a Ellafi FCU checking account.TruStage Insurance is a partner of Ellafi Federal Credit Union, is not an obligation of the credit union, is not guaranteed by SFCU, and not insured by NCUA.*APR = Annual Percentage Rate. Loan rates and terms are accurate as of 4/1/2025 and is subject to credit approval. APR includes a 0.25% rate discount with Auto Pay from a Seasons FCU checking account. A fixed rate loan for $20,000 based on a 5.24% APR paid over 60 months would have 60 monthly payments of $379.63. Rates can vary based on creditworthiness, age of vehicle, and terms of the loan. Rates & terms subject to change based on market conditions and borrower eligibility. 60-day payment deferral is available to qualified borrowers for auto loans approved through standard lending guidelines. Regular finance charges continue to accrue during the deferred payment period. Additional criteria may apply. View more rate information.