Important Member Notice | As we approach the systems merger with Virginia Credit Union, please be aware of the following important dates and times.
Access to CFCU On-The-Go services, including Net24, Dial24 & Mobile24 will be unavailable after 5pm on Friday, May 29th.
Access to mobile deposit using your Mobile24 Mobile Banking app will be unavailable after 5pm on Thursday, May 28th.
Starting Monday, June 1st, you can re-enroll in home banking on the Virginia Credit Union website.
Take the worry out of the car buying process. Educate yourself on all things related to your next vehicle purchase in our Vehicle Center. From articles to online resources, we have you covered!

Purchasing a vehicle

Looking for a new car? Chesterfield Federal Credit Union can help you every step of the way. Keep reading for step by step instructions on how to navigate the car buying process. At the bottom of the page, you'll find a variety of articles, podcasts and helpful links so you can continue to enhance your vehicle knowledge!

1) Research Your Vehicle

Through our partnership with CUDL AutoSMART, Chesterfield Federal Credit Union members have access to powerful online tools to help determine the right vehicle for your needs and to locate vehicles in your area.

CUDL AutoSmart logo

Visit CUDL AutoSMARTOpens in New Window to research your next car.

2) Find Your Financing

Before you visit the dealer, it's a good idea to get pre-approved for your loan. You'll know exactly what you can afford, so you won't be tempted by vehicles out of your price range. You'll even save time because your dealer won't have to find financing for you.

Luckily, there is no better deal for auto financing than with Chesterfield Federal Credit Union. With rates as low as 3.59% APR*, why finance anywhere else?

Apply online to get pre-approved before you visit the dealer.

* Lowest rate based on creditworthiness, down payment and loan term. Your rate may be higher. Terms and conditions.

3) Visit the Dealership

After you've done your research and determined what vehicle(s) you are interested in, you can visit the dealership to look at your car and even take a test drive. This process can be extremely stressful for most people, but you've already done your research and gotten pre-approved for your loan. The rest is easy!

Once you decide to make your purchase, remember that every aspect of the deal is negotiable. You can negotiate the purchase price, your trade-in price and even the extras such as warranty or GAP insurance. Some dealerships, such as Enterprise Car Sales, offer no-haggle pricing and are great for people that do not enjoy the negotiation process.

You can even finance with Chesterfield Federal Credit Union directly at most dealerships through Credit Union Direct Lending. Just tell the dealer you want to finance with Chesterfield Federal Credit Union or provide the dealer with your pre-approval form.

4) The 'Extras'

When you close your loan, remember that Chesterfield Federal Credit Union typically offers better prices on a variety of add-on products.

GAP Insurance

Typically, your vehicle value declines faster than your loan is paid off. If your car is in an accident, you could be responsible for the gap between what you owe and what the insurance company says your car is worth. GAP insurance from Chesterfield Federal Credit Union will cover this difference and provide you with $1,000 towards the purchase of a new car when you finance with Chesterfield Federal Credit Union. You'll even have deductible reimbursement, so if you have an insurance claim, we'll cover your deductible. This superb protection is available for only $349.00.

Mechanical Repair Coverage

Repair bills can be costly. Protect yourself from unexpected repair bills by purchasing an extended warranty from Chesterfield Federal Credit Union. This coverage can be used at any repair center in the country. Typically, the repair center is paid directly so you don't have to worry about reimbursements. There are no deductibles on any of our plans. Best of all, your coverage is transferable if you sell the car.


Don't run the risk of buying used cars with costly hidden problems. Get a detailed vehicle history report from the Carfax nationwide database within seconds. We offer a Carfax report for only $19.99 in our branches, a significant savings when compared with $39.99 online.

Debt Protection Services

CFCU Safety Net* is a voluntary loan-payment protection product that helps you get relief from the financial burden of delinquency, default, or foreclosure if a protected life event unexpectedly occurs. Coverage is offered in case of loss of life, disability or involuntary unemployment.

5) Obtain Insurance

Car insurance rates vary widely from company to company. Purchasing a new car is a great opportunity to compare rates from different companies. Consider using your Chesterfield Federal Credit Union membership to help you save more with discounted rates on auto insurances through the TruStage auto insurance program. Through trusted insurance companies such as Liberty Mutual, you can save hundreds on your car insurance. Apply online for a quote.

Savings on Car Insurance. Get a Quote from TruStage.
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