Drive that New-to-Me Car Home
Shopping for a used vehicle? TEGFCU is here to get you on the road fast with affordable used car financing. As a trusted local lender, our Used Car Loans offer great rates, flexible terms, and a car financing experience focused on you. Apply online and get a fast Auto Loan pre-approval so you’re ready to go when you find the car or truck you love, whether it is from the dealership or a private party
TEGFCU Auto Loan Features & Benefits:
Vehicle Loan Rates
as low as
model year
2022 and newer
24-48 months fixed
6.39% APR
model year
2017-2021
24-48 months fixed
6.79% APR
model year
2016 & older
24-48 months fixed
9.09% APR
*APR = Annual Percentage Rate. Rates effective as of 4/1/24. Advertised rate is “as low as” and includes a .25% rate discount for automatic payments. Rate is based on credit rating, term, vehicle model year, and mileage. Your rate may vary. Other rates and terms available. Rates subject to change. All loans are subject to approval. Internal refinances and auto equity loan rates are different and are not eligible for promotional rates. For example, 48 monthly payments of $23.95 per $1,000 borrowed at 6.99%.
Let’s get you on the road in style with a deal that makes sense for you!
Why Get a Pre-approval for Your Auto Loan
Getting pre-approved for a loan can give you an edge before you shop. It tells the seller that you’re a serious buyer, and it’s a powerful tool that can make it easier to negotiate a better sales price. An Auto Loan pre-approval, let’s you know:
What can I afford to spend on a car? Get pre-approved for your used car loan so you can set realistic expectations for your next vehicle purchase.
How much are my monthly payments? Know your maximum payment before you shop, so you can buy a used vehicle that comfortably fits your budget and has the options you want.
What is my interest rate? Work with us to find the best used Auto Loan rates to get a picture of what your car financing costs would look like.
Get Pre-Approved for your Vehicle Loan
Shift into drive and lock in your rate today!
Getting pre-approved lets you know how much you can afford and helps you stick to a budget. It gives you a bargaining chip to negotiate the best deal to save time and money and get the right vehicle for you.
It’s Easy as 1-2-3
Apply Online
It only takes a few minutes to complete our online application.
Review & Approval
We’ll review your information to determine your eligibility and loan terms.
Get a Check
Use your bank-issued check at the dealership or with a private party.
Used Auto Loan FAQs
Auto Loan Calculator
Estimate your monthly car payments with financing from TEGFCU.
Get a 0.25% Interest Rate Discount
In addition to a great rate, save even more on your Unsecured Personal Loan and Vehicle Loan when you set up automatic payments. Get a 0.25% interest rate discount on your loan when your loan payment is routinely deducted from your checking or savings account.*
Explore Our Products
New Auto Loans
Get behind the wheel of your dream car with a low-interest loan and auto loan pre-approval – a key negotiating tool at the dealership..
First-Time Auto Buyer
Finance a car or light-duty truck with just 10% down, cash, or trade – a great way to establish or improve your credit history.
Auto Loan Refinance
Love your car but not the monthly payment? Reduce it with a low-rate auto loan refinance program from TEGFCU.
RV & Boat Loans
Start shopping for that sprinter van or catamaran you’ve always wanted. Make it yours with a low-rate recreational vehicle loan.
Motorcycle Loans
Feel the thrill of the open road. Get the financing and pre-approval you need to drive a bargain on a new or used motorcycle.
Huge thank you to Ajee from Commerce! I was referred directly to her from a friend as I was in a time crunch to get into a vehicle. The process was not only fast but smooth. She assured everything was ready to go in no time!
Thank you to Jamie and Ajee for having patience in helping me with my first car loan! Everything went smooth and I learned a lot along the way.
I had an amazing experience with Christopher ! He went above and beyond considering my auto loan, and did it with much patience. He explained the process thoroughly & made it easy! (Not to mention the back and fourth with the insurance & the car dealership to get everything correct <3)
I had a very good experience obtaining a car loan recently at the Commerce St. Bank. The Loan Rep was Christopher Pflaum. He was affable, explained everything, was knowledgeable and kind. He is an asset to your organization!
When I started teaching at John Jay HS in 1972, I got my first car loan from a founder of the CU, Herb Wittels, at his office on the front porch of his home on Rt. 52. Memories!
Explore Loan Resources
Join TEGFCU
At TEGFCU, your best interests have always been our focus. As a better alternative to banks, our mission is simple, to help you get to a better place financially.
Membership is open to anyone (and their immediate families) who lives, works, worships, or attends school in Dutchess, Orange, Ulster, Putnam, Rockland, Sullivan, and Westchester County, NY. A $5 minimum deposit opens the door to all the benefits of being a valued TEGFCU member.
When we come together, everyone grows.
