Car Loans

This loan is for you if you are:

  • looking to purchase a vehicle priced between £5,000 and £20,000 or
  • reaching the end of a Personal Contract Plan and you need to make a balloon payment in excess of £5000 and
  • working for an employer (see the list below) who will send us the loan repayment direct from your salary or stipend or
  • in receipt of a pension from a previous employer who will send us the repayment direct from your pension
Use the sliders below to select the amount and term and calculate the repayments on a Car Loan.

Select how much you wish to borrow


Select how long you wish to borrow the money for

Once you have selected the amount you would like to borrow, the results will appear below.

Your Loan Details

monthly payments of: £

Total repayment: £

Total interest: £ (APR: %)


We will also need you to send in your most recent bank statement showing around 6-8 weeks’ transactions and proof of your income. If you regularly use more than one bank account please provide statements for those accounts, too. Bank statements saved as a pdf or in one of the following formats .jpg, .jpeg, or .png, can be uploaded within the application form (up to 64MB of files).

Click for Loan Application Form

Most online banking provides the facility to download bank statements and save them as a PDF or .jpg, .jpeg or .png files. Likewise if you usually receive paper statements these can be scanned or if you use a smart phone photographed and saved as a file type that can be uploaded to the loan application form.  Excel or CSV files should be sent as an email attachment to 

Should you prefer not to email bank statements, you may submit them by post to CMCU, 3 Beaufort Buildings, Spa Road, Gloucester, GL1 1XB but this may cause a slight delay to your application.


Car loans must be used to purchase a vehicle (not always but usually a car) and we will ask you to provide proof of purchase within 28 days of the loan agreement.

We do not require information regarding the vehicle you intend to purchase but we do advise you to buy wisely, obtain an HPI check and use a reputable dealer. Credit Union car loans are usually made over four years and you should expect the vehicle to be roadworthy for the length of the term.

The following employers are currently part of the payroll deduction scheme:

  • Methodist Connexion and Methodist Ministers
  • Church of England Church Commissioners
  • Church of England NCIs
  • Church of England Pensions Board
  • Church of Scotland and Crossreach
  • Church in Wales
  • Diocese of Oxford
  • Diocese of Salisbury MAT
  • St Vincent de Paul Society
  • United Reformed Church
  • RC Diocese of Westminster
  • Aletheia Anglican Academies Trust

If your are not employed by an employer on this list, please use the application details on the Personal Loan page to apply for a loan for a car.

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Registered Address

3 Beaufort Buildings, Gloucester, GL1 1XB

Call Us

01452 500 463 (9.30am -1.30pm)

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