AUTO LOANS

RATES & TERMS

Rates quoted are effective as of 7/21/2024 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 call (800) 462-8328.

New & Used Auto Loans1

Term2 Range of Rates - New3 Range of Rates - Used3 Estimated Payment per $100 Borrowed3
36 months 6.19% - 18.00% APR 6.39% - 18.00% APR $3.05 - $3.62
48 months 6.19% - 18.00% APR 6.39% - 18.00% APR $2.36 - $2.94
60 months 6.19% - 18.00% APR 6.39% - 18.00% APR $1.94 - $2.54
72 months 6.49% - 18.00% APR 6.79% - 18.00% APR $1.68 - $2.28
84 months4 7.39% - 18.00% APR 7.59% - 18.00% APR $1.53 - $2.10
Term2
36 months
Range of Rates - New3 6.19% - 18.00% APR
Range of Rates - Used3 6.39% - 18.00% APR

Estimated Payment
per $100 Borrowed3

$3.05 - $3.62
48 months
Range of Rates - New3 6.19% - 18.00% APR
Range of Rates - Used3 6.39% - 18.00% APR

Estimated Payment
per $100 Borrowed3

$2.36 - $2.94
60 months
Range of Rates - New3 6.19% - 18.00% APR
Range of Rates - Used3 6.39% - 18.00% APR
Estimated Payment
per $100 Borrowed3
$1.94 - $2.54
72 months
Range of Rates - New3 6.49% - 18.00% APR
Range of Rates - Used3 6.79% - 18.00% APR
Estimated Payment
per $100 Borrowed3
$1.68 - $2.28
84 months4
Range of Rates - New3 7.39% - 18.00% APR
Range of Rates - Used3 7.59% - 18.00% APR
Estimated Payment
per $100 Borrowed3
$1.53 - $2.10

First-Time Buyer ​New & Used Auto Loans1

Term2 Range of Rates - New3 Range of Rates - Used3 Estimated Payment per $100 Borrowed3
48 months 8.59% - 18.00% APR 8.99% - 18.00% APR $2.47 - $2.94
60 months 8.99% - 18.00% APR 9.25% - 18.00% APR $2.08 - $2.54
Term2
48 months
Range of Rates - New3 8.59% - 18.00% APR
Range of Rates - Used3 8.99% - 18.00% APR

Estimated Payment
per $100 Borrowed3

$2.47 - $2.94
60 months
Range of Rates - New3 8.99% - 18.00% APR
Range of Rates - Used3 9.25% - 18.00% APR
Estimated Payment
per $100 Borrowed3
$2.08 - $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.

Disclosures

  1. Financing not to exceed 130% of the Manufacturer’s Suggested Retail Price on new vehicles (Kelley Blue Book Suggested Retail Value on used vehicles) based on creditworthiness; and may include tax, license, documentation fees, GAP and Extended Warranty/MRC.
  2. Maximum term based on various factors, including the amount financed.
  3. Lowest 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.
  4. Loan amount must be $25,000 or greater and vehicle must not be more than 5 model years old (current calendar year or 4 prior years); the model years for calendar year 2024 would be 2024, 2023, 2022, 2021 or 2020. Credit limits apply.