Get a better Car Loan with TEGFCU Auto Refinancing
Lower Your Rate. Reduce your Payments.
Love your car but hate the payment? Why not refinance your car loan? Move your car loan from another lender to TEGFCU and say hello to lower payments with better rates that put you on the road to savings!
TEGFCU is here to help make payments more manageable with a lower rate and/or flexible term. Auto Loan Refinancing from TEGFCU provides multiple benefits, including:
Drive happy, save money. Refinance with TEGFCU today!
Why refinance my Auto Loan now…
…and why with TEGFCU?
If you’ve only had your vehicle for a short time, you may think it’s too early to refinance. But if you can get a lower rate, the sooner you refinance, the more you’ll save. Consider Auto Refinancing if you:
- Didn’t get the best available rate when you took out your original car loan
- Improved your financial situation or credit score
- Want to extend your repayment terms to reduce your monthly expenses
Potential savings on a $20,000 auto loan
with a 48-month term
| Lender | Rate | Monthly Payment | Total Interest | Savings Over Life of Loan |
|---|---|---|---|---|
| TEGFCU | 6.99% APR* | $479 | $2,989 | |
| Other Lender | 7.99% APR | $488 | $3,432 | $1,437 |
| Other Lender | 8.99% APR | $498 | $3,885 | $1,890 |
| Other Lender | 9.99% APR | $507 | $4,350 | $2,348 |
| Other Lender | 10.99% APR | $517 | $4,813 | $2,811 |
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.*
Apply to Refinance in Just 3 Easy Steps
Auto Loan Refinance FAQs
From Our Blog
*APR = Annual Percentage Rate. Rates effective as of 4/1/2024. 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, refinancing a 2021 car at 48 monthly payments of $23.95 per $1,000 borrowed at 6.99% on a 2024 model. This monthly payment is based on non-discounted rate and includes optional single TEG Payment Assurance.
