Auto Loans & Financing (2023)

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Start a New Adventure

Auto Loans & Financing (1)

Start a New Adventure

Our fast auto-financing process can get you into a new car, hassle-free.

Hit the Road With a Great Rate on a Car Loan

Whether you’re looking to buy a new or used car, or even want to refinance your auto loan from another lender, we’re here to help. We offer auto loans with great rates, 100% financing and exclusive military discounts,1often with decisions in seconds. Check out how much you can save—you’ll finally stop dreaming and start driving.

Auto Loan Options

Auto Loans & Financing (2)

Finance Your Next New or Used Car

as low as4.54% APR2for new vehicles

  • Applyfor a new or used auto loan
  • View All Ratesfor new or used auto loans

Auto Loans & Financing (3)

Refinance Your Current Auto Loan

as low as4.54% APR2for new vehicles

  • Applyfor an auto refinance loan
  • View All Ratesfor auto refinance loans
(Video) Why auto loans with $1,000 monthly payments are becoming more popular

Experience Our Car Buying Center

Our fully loaded Car Buying Center has everything you need to finance, buy, research, protect and enjoy your next car—all in one place.

Plus, you could enjoy great savings through exclusive member benefits3 fromTrueCar®,CARFAX®4, Liberty Mutual®5and SiriusXM.

Learn More about our Car Buying Center

Auto Loans & Financing (4)

Calculate Your Estimated Monthly Payment

Auto Resources

  • Auto Loans & Financing (5)

    Car Buying Center

    We can help you find everything you need to finance, buy, research, protect and enjoy your next car. Plus, you could enjoy great discounts, too!

    Learn Moreabout Car Buying Center

  • Auto Loans & Financing (6)

    Car Buying Service

    Shop for your next new or used car with our Car Buying Service, powered by TrueCar.

    Learn Moreabout Car Buying Service

  • Auto Loans & Financing (7)

    Registration & Titling

    Learn the ins and outs of the car registration process.

View MoreAuto Resources

Auto Learning Center

  • Auto Loans & Financing (8)

    The Car-Buying Process

    Want to get a great deal on your next car? Put yourself in the driver's seat with these steps.

    Learn Moreabout The Car-Buying Process

  • Auto Loans & Financing (9)

    How to Apply for an Auto Loan

    Get a great rate with an easy application process, plus decisions in seconds.

    Learn Moreabout How to Apply for an Auto Loan

  • Auto Loans & Financing (10)

    Auto Loan Preapproval Process

    A preapproval allows you to shop with confidence, knowing how much car you can afford.

    Learn Moreabout Auto Loan Preapproval Process

View MoreAuto Learning Center

(Video) How to Get a Car Loan (The Right Way)


(Video) Auto Loans Will Be The Next Financial Crisis

How do I apply for an auto loan?

After signing in to your account via online banking or the mobile app, you can apply for your auto loan in just a few minutes. There's no fee to apply, and most decisions are instant. In cases where applications require a more detailed review, we'll send you an email and/or a text. You can also apply over the phone at 1-888-842-6328 or at your local branch.

What type of information do you collect when I apply for an auto loan?

You’ll need:

  • contact information for applicant and co-applicant (phone number and email)
  • current housing, employment and income information for applicant and co-applicant
  • trade-in information (title or loan information, registration, etc.)
  • amount you expect to finance (including vehicle purchase price, taxes, tags, title and warranty, less any down payment)
  • length (term) of the loan you want

If you’ve already picked out the vehicle you wish to buy, we’ll also need:

  • the 17-character vehicle identification number (VIN)
  • the state where you’ll register the vehicle
  • the exact mileage reading
  • dealer or seller's name

For refinance loans, we require specific vehicle information such as the VIN, exact mileage, lender contact information and payoff amount.

How soon will I receive a decision after I submit my loan application?

We work hard to provide you a decision within minutes. If you provided your email address during the application process, we'll send you a follow-up email with more details.

What are the current rates for new and used auto loans?

Navy Federal offers competitive rates and flexible terms. Our advertised rates are subject to change at any time and depend on the individual’s credit, in addition to vehicle characteristics. Your actual annual percentage rate (APR) will be based on your specific situation.

Once my loan is approved, how do I receive my check?

You can receive your check via the following options:

  • via mail sent to the address you provided (fee may apply depending on delivery type)
  • for pick-up at a branch

Note: If the co-applicant's address is different from the primary applicant's address, the loan check and promissory note are sent to the co-applicant first.

Still have questions? Visit our Auto Loan FAQs.

(Video) How to Refinance a Car and Save Hundreds Monthly


Direct deposit required. This military special may expire at any time. Applicants must contact Navy Federal by phone or visit a branch to receive the discount. Active Duty rate discounts (which are also available for retired military members) can be applied, subject to certain restrictions.


Credit and collateral subject to approval. Rates subject to change and are based on creditworthiness, so your rate may differ. Rate only available for new vehicle loanswith terms of up to 36-months. Other rates available forlonger term new vehicle loans and forused vehicles and late model used vehicles.

New Vehicles: 2022, 2023 and 2024 model years with 7,499 miles or less. Minimum loan amount is $30,000 for terms of 85-96 months.

Payment example:New auto loan of $20,000 for 36 months at 4.54% APR will have a monthly payment of $597.

Late Model Used Vehicles: 2022, 2023 and 2024 model years with 7,500-30,000 miles.
Used Vehicles: 2021 and older model years or any model year with over 30,000 miles.
If the vehicle is 20 years or older based on the model year, the vehicle is considered classic or antique and subject to collateral loan rates.


Navy Federal Credit Union is in no way responsible for any product, service, purchase or lease provided by or through the Navy Federal Car Buying Service, TrueCar, CARFAX, TruStage, Liberty Mutual or SiriusXM.


CARFAX is a registered trademark of CARFAX, Inc.


Liberty Mutual Insurance is made available through the TruStage® Auto & Home Insurance Program. TruStage Auto & Home Insurance Program is made available through TruStage Insurance Agency, LLC. Coverage provided and underwritten by Liberty Mutual Insurance Company or its subsidiaries or affiliates, 175 Berkeley Street, Boston, MA 02116 USA. © 2022 Liberty Mutual Insurance. Discounts are not available in all states, and discounts vary by state. Certain discounts apply to specific coverages only. To the extent permitted by law, applicants are individually underwritten; not all applicants may qualify. A consumer report from a consumer reporting agency and/or motor vehicle report will be obtained on all drivers listed on your policy where state laws and regulations allow. Please consult your policy for specific coverages and limitations. The insurance offered is not a deposit, and is not federally insured, sold, or guaranteed by Navy Federal Credit Union. Navy Federal Credit Union enables this insurance program to be offered and is entitled to compensation from TruStage Insurance Agency, LLC. Navy Federal Credit Union is in no way responsible for any products or services provided by or through TruStage, Liberty Mutual or their affiliates, subsidiaries, and insurance company partners. © TruStage Insurance Agency 2022 AUT-4964941.1-0922-1024

The views expressed in the reviews are solely those of the individuals posting them. The testimonials are substantively the words of the individual reviewer, but may have undergone minor clerical revisions to ensure readability, add context, or protect private information. Any imagery displayed is for decorative purposes only and is not necessarily associated with the reviewer.


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