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Central Virginia Federal Credit Union

Auto Loan Promotion

Our rates are low and our people are here to help you! We offer discounted rates when you sign up for automatic payments from your CVFCU account or apply for your loan online. And we can provide pre-approvals for most loans with a simple phone call to our Call Center.

If you have a loan with someone else, give us a chance to beat that rate. There are no application fees, so we start saving you money before you even get the loan!








Guaranteed Asset Protection (GAP)

GAP helps you cover the remaining balance of your loan if you experience a total loss before it is paid off.  This protection settles the difference between your primary insurance settlement and your remaining loan balance at the time of the loss. 

Mechanical Breakdown Protection

This protection provides four levels of coverage that protects you against costly mechanical repairs.

  • Roadside Assistance
  • Rental Vehicle Assistance
  • Tire Road Hazard
  • Trip Interruption
  • 4 levels of coverage: Platinum/Gold/Silver/Copper

Multi-Shield Protection

Provides protection for the following:

  • Tire & Wheel Coverage
  • Windshield Repair
  • Dent & Door Ding Protection
  • 24/7/365 Emergency Road Side Assistance
  • Automobile Deductible Reimbursement

To learn more, please contact your loan officer today at (434) 528-9016 or (800) 335-0069. 



Available with all loans from CVFCU, this protection will make your loan payments while you are out of work under a doctor’s care. In case of death, your loan will be paid in full. Choose the coverage that works for your situation:
  • Involuntary Unemployment, Disability and Loss of Life Coverage
  • Disability and Loss of Life Coverage
  • Loss of Life Coverage
The Credit Union will disclose the cost of this voluntary coverage to you. A separate election form which discloses the terms and conditions must be signed for coverage to become effective.

Whether you’re borrowing to make home improvements or buy a vehicle, it can be a financial gamble because…life happens. You’re betting you can pay back your debt and won’t lose your job (due to no fault of your own), become disabled (due to injury or illness), or pass away—leaving your family responsible for your balance.
Payment Protection* 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 happens to you. And simple eligibility requirements ease the enrollment process.

If a protected life event happens to you (and you’re a protected borrower or co-borrower on the loan), Payment Protection will cancel or reduce repayment of your loan debt—helping to reduce your worries, and your family’s worries, about paying loans during a time when your income may be reduced or lost and paying other household bills becomes challenging. See your loan officer for complete details.

*Your purchase of Payment Protection is optional and will not affect your application for credit or the terms of any credit agreement required to obtain a loan. Certain eligibility requirements, conditions and exclusions may apply. Please contact your loan representative, or refer to the Member Agreement for a full explanation of the terms of Payment Protection. You may cancel the protection at any time. If you cancel protection within 30 days, you will receive a full refund of any fee paid. DPGAP-0313-230B



*Annual Percentage Rate. Subject to qualifications. Older model rates will vary. Property insurance required. Application and payment discounts do not apply to promotional rates. Promotion valid through 10/31/2023.