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​Auto loan rates starting at 3.75% APR (electric) and 4.00% APR (gas & hybrid)
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No payments for 60 days
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Available for new, used, or refinanced vehicles
*Interest accrues daily. Interest will begin to accrue on the date the loan is funded. The first payment after the 60-day no payment period will first be applied to the interest accrued from the date the loan was funded through to the first payment date and then applied to the principal due. Delaying your first payment may result in several months without a reduction in your principal balance. NYU Federal Credit Union reserves the right to end or modify this offer at any time. Promotion available on new, used, and refinanced cars, trucks, motorcycles, RVs, ATVs, and boats. All loans are subject to credit approval.
​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 and flexible terms. You’ll finally stop dreaming and start driving.​
Credit Score | Credit Tier | Up to 48 months | 49-60 months | 61-72 months | 73-84 months |
|---|---|---|---|---|---|
760+ | A+ | 4.0% | 5.0% | 6.0% | 6.5% |
700-759 | A | 4.75% | 6.0% | 6.5% | 7.0% |
650-699 | B | 6.0% | 7.5% | 8.5% | 9.5% |
600-649 | C | 8.0% | 9.0% | 10.0% | N/A |
550-599 | D | 9.5% | N/A | N/A | N/A |
​Car model years 2026, 2025, and 2024 are considered new cars when purchased from a dealership with less than 500 miles on the odometer.
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** We finance cars only in NY, NJ, FL, MA, MD, VA and PA . Vehicle must be registered in NY, NJ, FL, MA, MD, VA and PA. Purchase from online vehicle retailer is not permitted. An NYUFCU share account is required for auto loan account. Financing up to 100% of value available as indicated by NADA. *** Refinancing not available on existing NYU FCU auto loans. Refinancing must be done within 6 months of initial purchase to be considered NEW.
Used Vehicles
Credit Score | Credit Tier | Up to 48 months | 49-60 months | 61-72 months |
|---|---|---|---|---|
760+ | A+ | 5.0% | 6.0% | 6.5% |
700-759 | A | 6.0% | 7.0% | 7.5% |
650-699 | B | 7.0% | 8.0% | 9.0% |
600-649 | C | 10.0% | 11.0% | N/A |
550-599 | D | 11.0% | N/A | N/A |
​* Rates with automated payments. Rates for vehicle loans are subject to change without notice.
** We finance cars only in NY, NJ, FL, MA, MD, VA and PA . Vehicle must be registered in NY, NJ, FL, MA, MD, VA and PA. Purchase from online vehicle retailer is not permitted. An NYUFCU share account is required for auto loan account. Financing up to 100% of value available as indicated by NADA.
Add 0.25% to rate if vehicle has more than 75,000 miles
Add 1.00% to rate if vehicle is older than 4 years
Add 1.25% to rate if vehicle is both over 75,000 miles and 5 years through 10 years old.
NYU FCU does not finance vehicles over 10 years old.
*** Refinancing not available on existing NYU FCU auto loans.
Refinancing
​​Refinancing with us may help you:
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Lower your interest rate
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Decrease your monthly payment
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Pay off your loan sooner​​
Terms:
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Borrow up to 84 months on new cars, 72 months on used cars
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Finance up to 100% of the purchase or existing balance (of the NADA value)
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No prepayment penalties​
Optional protections available: Payment Protection, Guaranteed Asset Protection, and Mechanical Breakdown Protection.​​
*Refinancing not available on existing NYU FCU auto loans.
Motorcycles
Credit Score | Credit Tier | Up to 36 months | 37-48 months | 49-60 months |
|---|---|---|---|---|
760+ | A+ | 6.0% | 7.0% | 8.0% |
700-759 | A | 8.0% | 9.0% | 10.0% |
650-699 | B | 9.0% | 10.0% | 11.0% |
600-649 | C | 10.0% | N/A | N/A |
550-599 | D | 11.0% | N/A | N/A |
​*All rates are annual percentage rates and are accurate as of date of publication. All loans subject to credit approval. Rates and terms are subject to change without notice. Other conditions and terms may apply; ask for details. Contact Member Services Representative at 212-995-3171 and ask for details. * Conditions Apply. Not yet member? Membership with a NYUFCU share account is required for all loans. Check your eligibility and apply to become a member today!
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** We finance motorcycles only in NY, NJ, FL, MA, MD, VA and PA . Motorcycle must be registered in NY, NJ, FL, MA, MD, VA and PA. Purchase from online vehicle retailer is not permitted. An NYUFCU share account is required for auto loan account. Financing up to 100% of value available as indicated by NADA. *** Refinancing not available on existing NYU FCU motorcycle loans. For new motorcycle loans, in case of refinance must be done within 6 months of initial purchase.
New Electric Vehicles
Credit Score | Credit Tier | Up to 48 months | 49-60 months | 61-72 months | 73-84 months |
|---|---|---|---|---|---|
760+ | A+ | 3.75% | 4.75% | 5.25% | 5.75% |
700-759 | A | 4.50% | 5.25% | 5.75% | 6.25% |
650-699 | B | 5.50% | 6.75% | 7.75% | 8.75% |
600-649 | C | 7.25% | 8.25% | 9.25% | N/A |
550-599 | D | 8.75% | N/A | N/A | N/A |
Electric Vehicles must possess the Plug-In feature with an external charging source. This includes Electric Vehicles (EVs), Plug-in Hybrid Electric Vehicles (PHEVs), and Electric Plug-in Motorcycles.
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The federal government provides a tax credit of up to $7,500 for electric cars and plug-in hybrid vehicles (PHEVs) produced by specific auto manufacturers. Some states also offer additional financial incentives.
​
** We finance cars only in NY, NJ, FL, MA, MD, VA and PA . Vehicle must be registered in NY, NJ, FL, MA, MD, VA and PA. Purchase from online vehicle retailer is not permitted. An NYUFCU share account is required for auto loan account. Financing up to 100% of value available as indicated by NADA. *** Refinancing not available on existing NYU FCU auto loans. For new auto loans, in case of refinance must be done within 6 months of initial purchase.
Used Electric Vehicles
Credit Score | Credit Tier | Up to 48 months | 49-60 months | 61-72 months |
|---|---|---|---|---|
760+ | A+ | 4.75% | 5.25% | 5.75% |
700-759 | A | 5.75% | 6.25% | 6.75% |
650-699 | B | 6.75% | 7.25% | 8.25% |
600-649 | C | 9.25% | 10.25% | N/A |
550-599 | D | 10.25% | N/A | N/A |
Electric Vehicles must possess the Plug-In feature with an external charging source. This includes Electric Vehicles (EVs), Plug-in Hybrid Electric Vehicles (PHEVs), and Electric Plug-in Motorcycles.
​
The federal government provides a tax credit of up to $7,500 for electric cars and plug-in hybrid vehicles (PHEVs) produced by specific auto manufacturers. Some states also offer additional financial incentives.
​
* Rates for vehicle loans are subject to change without notice.
** We finance cars only in NY, NJ, FL, MA, MD, VA and PA . Vehicle must be registered in NY, NJ, FL, MA, MD, VA and PA. Purchase from online vehicle retailer is not permitted. An NYUFCU share account is required for auto loan account. Financing up to 100% of value available as indicated by NADA.
Add 0.25% to rate if vehicle has more than 75,000 miles
Add 1.00% to rate if vehicle is older than 4 years
Add 1.25% to rate if vehicle is both over 75,000 miles and 5 years through 10 years old.
NYU FCU does not finance vehicles over 10 years old.
*** Refinancing not available on existing NYU FCU auto loans.