New Car Loans

TEGFCU goes the extra mile for you:
Finance. Buy. Protect. Enjoy.

Looking for a new car? TEGFCU is here to help you take the wheel. Our pre-approved auto loans give you extra negotiating power to get the best deal possible. Not only that, but you’ll enjoy the confidence of knowing that you have already secured low-rate competitive car financing from your trusted credit union. Our fast online approval process can get you on the road in no time or you can finance with us right at the dealership!

Shop for Vehicles

TEGFCU Vehicle Loan Features & Benefits:

Low car loan interest rates, personalized service
Flexible terms up to 84 months
No application fee or prepayment penalties
Loan discounts with automatic payments
Financing up to 135% for those who qualify
Car and Loan protection available

Model Years
2022-2025

as low as

6.99

%
APR

Apply

So, let’s get you on the road in style with a deal that makes sense for you!

Apply Now

View Rates

Locate a Dealer

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 new car loan and find the perfect balance between a comfortable budget and that little touch of luxury you deserve.

How much are my monthly payments? Know your maximum payment before you go so you can focus on the out-the-door price rather than a desired payment amount and avoid feeling pressured by a salesperson.

What is my interest rate? Work with us to find the best new auto loan rates and avoid dealer financing mark-ups.

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.

Get Pre-Approved

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 brank-issued check at the dealership or with a private party.

Auto Loan Calculator

Estimate your monthly car payments with financing from TEGFCU.

View Calculator

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.*

New Auto Loan FAQs

Do I need to be a TEGFCU member to finance a car loan with you?

Yes, but joining is easy. If you meet all the eligibility requirements, you can open a free checking account online and start immediately.

How much can I borrow to buy a car?

Your credit score, income, expenses, and down payment all factor into your auto loan financing. So, we always recommend getting pre-approved before you make an offer.

Can I pay off my car loan early if I finance it with you?

Yes, you can pay off your loan when it’s convenient for you with no prepayment penalties.

How can I figure out how much my monthly payments will be?

Our monthly payment calculator will provide a general idea. Applying for a loan gives you the exact amount plus the bargaining power of auto loan pre-approval.

What are my options for automatic payments?

Signing up for automatic loan payments helps you avoid skipped or late payments and provides you with a 0.25% discount rate, saving you money! Use TEGFCU online and mobile banking to sign up.

Is there any way to set up reminders so I don’t miss a loan payment?

Absolutely. Set up Account Alerts to receive text messages that remind you to make a payment or notify you if a payment is past due.

Can I make loan payments from an outside financial institution?

You can use an external funds transfer to send money from an outside account to your TEGFCU accounts at no charge. Or switch your accounts to TEGFCU with ClickSWITCH.

Explore Loan Resources

An individual signing an auto loan application.

How To Set Yourself Up For Auto Loan Success

Money Management • Published 04/09/2024

If you’re in the market for a new set of wheels, you’ll likely need to get an auto loan. This loan will significantly impact your monthly budget for at least a few years, so it’s important to make an informed decision when it comes to choosing your auto loan. Here’s how to select an auto… Read More »How To Set Yourself Up For Auto Loan Success

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Spring Clean Your Finances

Money Management • Published 04/01/2024

Personal loans can be a game-changer in your spring plans. Whether you have a project in mind or want to consolidate your high-interest credit card bills into one lower, fixed-rate payment, it’s a great time to lock in your rate, and start saving today! How Personal Loans Can Clean Up Your Finances As the flowers… Read More »Spring Clean Your Finances

Why the Holidays are a Good Time to Consolidate Your Debts

Money Management • Published 12/08/2023

During the holiday season, you’re likely making a list and checking it twice. But between gifts, travel, and festive celebrations, it’s easy to lose sight of holiday spending and your financial goals. This year, why not add “consolidate my debts” to your wish list? The holidays may seem strange to focus on debt but hear… Read More »Why the Holidays are a Good Time to Consolidate Your Debts

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.

Open an Account Today

*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%.