Flex Auto Loan

Congressional’s Flex Auto Loan puts you behind the wheel of your dream car today, in an affordable way. Get the low payments of leasing with the freedom of ownership, all in one flexible loan.

How Flex Auto works

†Estimated monthly savings based on a Flex Auto Loan compared to a conventional auto loan on a similar vehicle, per AFG quotes dated June 2026. Actual savings will vary based on credit qualification, term, mileage, and vehicle configuration. See disclosures below for full program details.

*Lower monthly payments are due to the fact that a significant portion of the amount financed is deferred to a final balloon payment position referred to as the Guaranteed Future Value (GFV). The balloon payment (GFV) is based on the vehicle's projected depreciated value at loan maturity. When the final balloon payment is due, you have four options to satisfy this payment: 1) Pay the GFV amount and retain the vehicle; 2) Sell the vehicle, pay the GFV amount and keep the difference; 3) Trade the vehicle and the GFV amount will be satisfied as part of the transaction; or 4) return the vehicle as a collateral satisfaction of your GFV and walk away (a $195 Disposition Fee is due to process the vehicle pickup). The monthly payment includes the cost for GFV (also known as residual value) protection which gives you the right to return the vehicle at loan termination date and protects you against any decline in the vehicle's Guaranteed Future Value (GFV). A program fee (prepaid finance charge) is required to participate in the Flex Auto Loan program and may be financed as part of your loan or paid out of pocket. If you elect to return the vehicle the following obligations exist: 1) All original equipment that came with the vehicle when you purchased it must still be with the vehicle; 2) If you exceed your Driving Sense loan mileage allowance, the excess mileage fee is $.10 per mile; and 3) The condition of the vehicle when returned must be in accordance with the Loan Addendum which is provided to you at the time of loan disbursement. When you return the vehicle in accordance with the Loan Addendum, the residual amount is considered to have been fully satisfied and the loan is closed. Flex Auto Loan program not available in the state of New Hampshire.

*** Guaranteed Asset Protection (GAP) is not intended to replace your automobile insurance. It does not provide bodily injury property damage, liability, or collision insurance and does not comply with any financial responsibility or any other law mandating motor vehicle insurance. All new or used motor vehicles with a maximum loan of $100,000 are eligible. Benefit coverage limits up to $50,000 on eligible loan terms. Powersport vehicles, watercraft, and recreational vehicles are at a different policy rate and other limits apply. GAP+ protection will pay the first $2,500 towards the loan on a replacement motor vehicle, powersport, watercraft, or recreational vehicle loan financed through Congressional Federal. The replacement vehicle must be financed within 120 days of the date your primary insurance company pays the claim on a total loss.