AUTO LOANS

RATES & TERMS

Rates quoted are effective as of 12/8/2022 and are subject to change without notice.

SchoolsFirst FCU’s loan program features a range of interest rates for some of its consumer loans. A rate is based on a variety of factors, including the applicant’s credit rating. Loan terms are based on various factors, including the amount financed.

All loans subject to credit approval and all auto-related products subject to eligibility requirements.

For more information, visit our website at www.schoolsfirstfcu.org or call 800.462.8328.

New1 & Used2 Auto Loans


TermRange of Rates - New3Range of Rates - Used3Estimated Payment per $100 Borrowed3
36 months4.24% - 18.00% APR4.74% - 18.00% APR$2.96 - $3.62
48 months4.24% - 18.00% APR4.74% - 18.00% APR$2.27 - $2.94
60 months4.24% - 18.00% APR4.74% - 18.00% APR$1.85 - $2.54
72 months4.39% - 18.00% APR4.89% - 18.00% APR$1.58 - $2.28
84 months4.74% - 18.00% APRNot Available$1.40 - $2.10

Term
36 months
Range of Rates - New34.24% - 18.00% APR
Range of Rates - Used34.74% - 18.00% APR

Estimated Payment
per $100 Borrowed3

$2.96 - $3.62
48 months
Range of Rates - New34.24% - 18.00% APR
Range of Rates - Used34.74% - 18.00% APR

Estimated Payment
per $100 Borrowed3

$2.27 - $2.94
60 months
Range of Rates - New34.24% - 18.00% APR
Range of Rates - Used34.74% - 18.00% APR
Estimated Payment
per $100 Borrowed3
$1.85 - $2.54
72 months
Range of Rates - New34.39% - 18.00% APR
Range of Rates - Used34.89% - 18.00% APR
Estimated Payment
per $100 Borrowed3
$1.58 - $2.28
84 months
Range of Rates - New34.74% - 18.00% APR
Range of Rates - Used3Not Available
Estimated Payment
per $100 Borrowed3
$1.40 - $2.10

First-Time Buyer ​New1 & Used2 Auto Loans


TermRange of Rates - New3Range of Rates - Used3Estimated Payment per $100 Borrowed3
48 months6.69% - 18.00% APR7.19% - 18.00% APR$2.38 - $2.94
60 months6.95% - 18.00% APR7.45% - 18.00% APR$1.98 - $2.54

Term
48 months
Range of Rates - New36.69% - 18.00% APR
Range of Rates - Used37.19% - 18.00% APR

Estimated Payment
per $100 Borrowed3

$2.38 - $2.94
60 months
Range of Rates - New36.95% - 18.00% APR
Range of Rates - Used37.45% - 18.00% APR
Estimated Payment
per $100 Borrowed3
$1.98 - $2.54

Other Related Products

  • Auto Insurance through SchoolsFirst Insurance Services (CA Insurance License 0I19344): We'll help you find reliable coverage at an affordable price, with free, quick and easy quotes from top carriers.
  • MEMBER'S CHOICE™ Guaranteed Asset Protection (GAP) Plus: Designed to cancel the difference between what your insurance company pays you and your outstanding loan balance, if your vehicle is declared a total loss. Also, it may take $1,000 off your next loan with us, when you purchase a replacement vehicle.
  • MEMBER'S CHOICE® Mechanical Repair Coverage (MRC): Helps you manage your vehicle repair expenses.
  • Payment Shield Plus: Designed to cancel your loan payment(s) or balance, if you experience unemployment, disability, or loss of life.

1Maximum loan is 100% of the Manufacturer Suggested Retail Price or the purchase price, whichever is less, plus tax, license, documentation fees, GAP Plus, and extended warranty/MRC.

2Maximum loan is 100% of the Kelley Blue Book Suggested Retail Value or the purchase price, whichever is less, plus tax, license, documentation fees, GAP Plus, and extended warranty/MRC.

​3Lowest rate quoted includes a 0.75% discount for payment made by automatic transfer from your SchoolsFirst FCU account. Lowest payment factors based on the lowest rate quoted; highest payment factors are based on the highest rate quoted.