Options And Affordability Meet In The Fast Lane
Whether you're buying a new car, a used car, or just refinancing your existing auto loan - an Auto Loan from FedChoice can put more money in your pocket. Terms are flexible, and rates are low!
Choosing FedChoice is a smart move. Here's why:
- Competitive Rates – Our rates are consistently among the lowest in the area.
- FedChoice Car Buying Service – Shop for your dream car. View thousands of new and pre-owned vehicles from wherever you are and have your financing pre-approved before you even set foot into a dealership.
- Up to 90 Days Until First Payment~
- New member loan discount - take up to 1% off during your first 90 days^
- Buying power with a pre-approved auto loan.
- Financing up to 125% of MSRP for new or NADA Clean Retail for used vehicles – Including tax, title and warranty products.*
Other great benefits include:
GAP
Guaranteed Asset Protection covers the difference between the actual cash value of your car (up to 150% of its value) and any outstanding loan balance at the time of loss as a result of theft or an auto accident.
Mechanical Breakdown Protection
Mechanical Breakdown Protection can save you thousands of dollars in repairs - and hundreds in initial warranty costs.
TruStage™ Auto Insurance
You could save hundreds on your auto insurance through the TruStage™ Auto Insurance Program.
Debt Protection
With this coverage, your loan payments will still be made even if life events unexpectedly reduce your income (e.g., disability, unemployment, etc.).
| Loan Amount | Term | APR* as low as** | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| New Vehicles | ||||||||||||
| $5,000 min | up to 60 mos. | 4.75% | ||||||||||
| $15,000 min | 61 to 72 mos.~ | 5.00% | ||||||||||
| $15,000 min | 73 to 84 mos. | 6.00% | ||||||||||
| Used/Refinanced Vehicles | ||||||||||||
| $5,000 min | up to 60 mos. | 5.25% | ||||||||||
| $15,000 min | 61 to 72 mos.~ | 5.50% | ||||||||||
| Late Model Used/Refinanced+ | ||||||||||||
| $3,000 min | up to 36 mos. | 7.25% | ||||||||||
If you don’t see what you need, please contact us to discuss how we can help you. Financing Up to 125% of MSRP or NADA Clean Retail — Including tax, title and warranty products.^
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*Other conditions may apply.
±APR = Annual Percentage Rate. Your APR is a fixed rate based on your credit score and the term of the loan. Rate reduction on vehicle loan may not be combined with other offers.
^Application and disbursal for Signature Loan will result in up to a 1% discount. Application and disbursal for an Auto Loan will result in up to a 1% discount. Application must be made within the first 90 days of membership. No discount may take the rate under the floor rate in accordance with FedChoice Federal Credit Union’s rate floor policy. All credit is subject to approval. FedChoice normal underwriting requirements apply. This discount may not be combined with any other offers and is subject to change at any time. Please speak with a Financial Service Advisor for full terms and conditions in relation to this offer. Not everyone will qualify for the lowest loan rates. Final rate will be determined by creditworthiness of the applicant.
~Based on borrower redit score at the time of application. Ask for details.