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,1 often with decisions in seconds. Check out how much you can save—you’ll finally stop dreaming and start driving.
Auto Loan Options
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.
Calculate Your Estimated Monthly Payment
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 More about Car Buying Center
Car Buying Service
Shop for your next new or used car with our Car Buying Service, powered by TrueCar.Learn More about Car Buying Service
Registration & Titling
Learn the ins and outs of the car registration process.Learn More about Registration & Titling
Auto Learning Center
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 More about The Car-Buying Process
How to Apply for an Auto Loan
Get a great rate with an easy application process, plus decisions in seconds.Learn More about How to Apply for an Auto Loan
Auto Loan Preapproval Process
A preapproval allows you to shop with confidence, knowing how much car you can afford.Learn More about Auto Loan Preapproval Process
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?
- 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.
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. Advertised “as low as” annual percentage rates (APR) assume excellent borrower credit history. Your actual APR may differ and will be based upon several factors, including credit history, model year, term, and loan amount. Rates subject to change.
New Vehicles: 2022, 2023 and 2024 model year vehicles with 30,000 or fewer miles. Loan terms greater than 72 months only available for vehicles with fewer than 7,500 miles. 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.
Used Vehicles: 2021 and older model years or any model year with over 30,000 miles. Vehicles 20 years or older (based on model year) are considered classic or antique and subject to Other Eligible Vehicle 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 to Navy Federal Credit Union members through TruStage™. Auto and Home Insurance Products are issued by Liberty Mutual Insurance Company or its subsidiaries or affiliates, 175 Berkeley Street, Boston, MA 02116 USA. © 2023 Liberty Mutual Insurance. In Texas, coverage provided and underwritten by Liberty County Mutual Insurance Company, 7900 Windrose Avenue, Plano, TX 75024. All statements made are subject to provisions, exclusions, conditions, and limitations of the applicable insurance policy. Coverages and features not available in all states. 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 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. Navy Federal Credit Union enables this insurance program to be offered and is entitled to compensation from TruStage Insurance Agency, LLC. © TruStage
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