Auto Loans

Members keep coming back to Andrews Federal for auto loans because they know they’ll get outstanding rates and service. We offer loans for:

  • New or used car loans (trucks, vans, or SUVs)
  • Motorcycle loans
  • Recreational vehicle loans (Boats, RVs, campers, or trailers)

And with our flexible financing options, virtually everyone can find a payment to fit their budget.

Interactive Auto Buying Guide 
We don’t just finance your vehicle. We can provide valuable car-buying information before you shop so you’re sure the car you choose is the right one for you. You’ll be a much smarter shopper after you use our Interactive Auto Buying Coach and auto loan calculators. You can also view information on rebates and leases, used vehicle values and appraisal guides, NADA information, and more! Learn More.

LoanGuard**
Counter-balance your financial risk with debt protection that pays.  Ask about Andrews Federal’s LoanGuard, our voluntary, loan-payment protection product that can cancel or reduce repayment of your loan debt in time of an unexpected life event. Even with the best preparation, life can still take you by surprise and possibly impact your financial well-being.

Choose to protect your car loan and lessen the worries for you and your family for good. LoanGuard is available on all auto loans, credit cards, unsecured loans and lines of credit as well as home equity lines of credit. Ask about LoanGuard when you apply for a loan today.**

GAProtection
Protect your vehicle, boat, or motorcycle with Guaranteed Asset Protection (GAP). If your vehicle were to be stolen or damaged beyond repair in a major accident, this valuable coverage pays the balance of your Andrews Federal loan that your insurance company may not cover. A low, one-time payment protects you for the life of your loan. Ask how you can add this to your loan today!
 

*1.59% APR (Annual Percentage Rate) is a fixed-rate on auto loans financed up to the NADA retail value for a maximum of 60 months. Additional rates and terms are available for qualified applicants for up to 84 months. Actual APR may vary and is based on credit score and loan-to-value ratio. Existing Andrews Federal auto loans can be refinanced if an additional $5,000 or more is borrowed. Up to 60-day first payment deferments open to members with qualified auto loans. Payment example: For a $18,000 new car loan for a term of 60 months with a 1.59% APR, the monthly payment will be $312.

**LoanGuard is a debt protection product offered by Andrews Federal Credit Union and is not available on first mortgages. Enrollment in this debt protection product is voluntary and not required to obtain a loan. Please contact us for additional information on benefit maximums, eligibility, and limitations. Available online, through branches and via call center.

Fixed Rate LoansApril 1, 2014
Loan Type1 APR As low As 2 Terms
New Auto (Up to 100% Financing) 1.59% Up to 60 months
  2.09% 61 72 months
  3.09% 73 84 months
Used Auto3 1.59% Up to 60 months
  2.09% 61 72 months
  3.09% 73 84 months
New Recreational Loans (100% MSRP or NADA Retail Value) 7.49% Up to 84 months on loans
of $30,000 and over
Used Recreational Loans (Up to 100% NADA Retail Value) 8.49% Up to 84 months on loans of
$30,000 and over
Personal Loan (Unsecured, Bill Consolidation, Signature) 8.99% 48 month maximum term on loan amounts under $5,000. Lowest available rate is for loan terms of 60 months or less.
Personal Loan (Unsecured, Bill Consolidation, Signature) 9.99% $10,000 Minimum loan amount for terms over 60 months. Maximum term 84 months.
1Minimum add-on of $5,000 required for refinances Andrews Federal loans.
2APR = Annual Percentage Rate. Rates are based on an evaluation of credit history, so your rate may differ.
3Loans over 100% NADA value may have a slightly higher rate.