AUTO LOANS
RATES & TERMS
Rates quoted are effective as of 3/24/2023 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
| Term | Range of Rates - New3 | Range of Rates - Used3 | Estimated Payment per $100 Borrowed3 |
|---|---|---|---|
| 36 months | 4.99% - 18.00% APR | 5.49% - 18.00% APR | $3.00 - $3.62 |
| 48 months | 4.99% - 18.00% APR | 5.49% - 18.00% APR | $2.30 - $2.94 |
| 60 months | 4.99% - 18.00% APR | 5.49% - 18.00% APR | $1.89 - $2.54 |
| 72 months | 5.14% - 18.00% APR | 5.64% - 18.00% APR | $1.62 - $2.28 |
| 84 months | 5.74% - 18.00% APR | Not Available | $1.45 - $2.10 |
| Term | |
|---|---|
| 36 months | |
| Range of Rates - New3 | 4.99% - 18.00% APR |
| Range of Rates - Used3 | 5.49% - 18.00% APR |
Estimated Payment | $3.00 - $3.62 |
| 48 months | |
| Range of Rates - New3 | 4.99% - 18.00% APR |
| Range of Rates - Used3 | 5.49% - 18.00% APR |
Estimated Payment | $2.30 - $2.94 |
| 60 months | |
| Range of Rates - New3 | 4.99% - 18.00% APR |
| Range of Rates - Used3 | 5.49% - 18.00% APR |
| Estimated Payment per $100 Borrowed3 | $1.89 - $2.54 |
| 72 months | |
| Range of Rates - New3 | 5.14% - 18.00% APR |
| Range of Rates - Used3 | 5.64% - 18.00% APR |
| Estimated Payment per $100 Borrowed3 | $1.62 - $2.28 |
| 84 months | |
| Range of Rates - New3 | 5.74% - 18.00% APR |
| Range of Rates - Used3 | Not Available |
| Estimated Payment per $100 Borrowed3 | $1.45 - $2.10 |
First-Time Buyer New1 & Used2 Auto Loans
| Term | Range of Rates - New3 | Range of Rates - Used3 | Estimated Payment per $100 Borrowed3 |
|---|---|---|---|
| 48 months | 7.44% - 18.00% APR | 7.94% - 18.00% APR | $2.42 - $2.94 |
| 60 months | 7.70% - 18.00% APR | 8.20% - 18.00% APR | $2.01 - $2.54 |
| Term | |
|---|---|
| 48 months | |
| Range of Rates - New3 | 7.44% - 18.00% APR |
| Range of Rates - Used3 | 7.94% - 18.00% APR |
Estimated Payment | $2.42 - $2.94 |
| 60 months | |
| Range of Rates - New3 | 7.70% - 18.00% APR |
| Range of Rates - Used3 | 8.20% - 18.00% APR |
| Estimated Payment per $100 Borrowed3 | $2.01 - $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.