Same Car. Lower Rate. More Savings!
Love your car but not your current rate? Bring your auto loan to CTFCU and lower your existing rate by up to 2.25% APR*, with rates as low as 4.25% APR*. Plus, enjoy up to 60 days before your first payment. Note: Be sure to select “External Refinance” when completing your application.
Switch & Save Eligibility
- Existing auto loan must be with another financial institution.
- Minimum Beacon credit score of 620.
- Credit report must reflect at least six payments on your existing auto loan.
- Provide a current auto loan statement for rate and balance verification.
- Standard credit approval and underwriting requirements apply.
**Current CTFCU members may submit their application through their Online Banking portal.
See What You Could Save!
Curious how much a lower rate could save you? Use our Auto Loan Refinance Calculator to compare your current loan with potential refinancing options. A few quick details could reveal real savings!
Is It Time to Refinance Your Ride?
Wondering if refinancing your auto loan is the right move? Discover our Guide to Refinancing to see when it makes sense to refinance, how a lower rate could benefit your budget, and what to consider before making the switch.
New Auto Loans
Drive off in your dream car with a low-rate auto loan tailored for new vehicle purchases. To qualify as new, the vehicle must be prior year, current year or upcoming year model with 15,000 miles or less, and never previously titled.
| Term | APR as low as * |
|---|---|
| 12-36 Months | 4.50% |
| 48 months | 5.00% |
| 60 Months | 6.00% |
| 72 Months | 7.00% |
| 84 Months | 7.75% |
Used Auto Loans
Buying used? Save more with a Carolinas Telco FCU used auto loan. Get great rates and flexible terms on eligible vehicles. Vehicles must be 5 model years or newer (including the current year). Mileage must not exceed 100,000 miles.
| Term | APR as low as* |
|---|---|
| 12-36 Months | 5.50% |
| 48 Months | 6.25% |
| 60 Months | 7.25% |
| 72 Months | 8.25% |
Loans are available for a maximum term of 72 months on vehicles up to 5 model years old with a mileage limit of 100,000 miles.
Extended Age and Mileage Used Auto Loans
Need financing for an older vehicle? We've got you covered.
Eligible vehicles include: 6-10 model years old or mileage between 100,001-150,000 miles.
| Term | APR as low as* |
|---|---|
| 12-48 Months | 7.00% |
| 60 Months | 8.25% |
Pre‑Approval Made Simple
Why wait until you're at the dealership? Get pre-approved for your auto loan and enjoy:
- Faster vehicle purchasing with financing already in hand
- A clear picture of your budget and monthly payments
- Greater negotiation power at the dealership
Once pre-approved, you can even explore vehicles through our Auto Buying Service for a simplified, credit union-backed shopping experience.
Refinance Your Auto Loan
Already have a car loan? Refinance with Carolinas Telco FCU and enjoy:
- Potentially lower monthly payments or interest rate
- Flexibility to adjust your loan term
- Zero dealership markups
How to Apply
Applying is easy and fast! Choose the option that works best for you:
- Apply Online
- Visit your nearest Carolinas Telco FCU branch
- Call us at 1-800-622-5305
Calculate Your Payment
Not sure what your monthly auto loan payment might be? Use our Auto Loan Payment Calculator to estimate your payment based on loan amount, interest rate, and term.
Shop with Our Auto Buying Service
Skip the dealer hassle and shop smart with our Auto Buying Service:
- Get pre-approved with Carolinas Telco FCU.
- Work with our advisor to locate your ideal vehicle.
- Have it delivered to a nearby branch, simple and stress-free.
Credit Union Auto Marketplace
Shop from the comfort of your home and find a vehicle that fits your needs, your budget, and your life.
- Financing options for a range of credit profiles
- Convenient online vehicle shopping
- Quality inspected vehicles
- Complimentary delivery available
Protect Your Loan (Warranty, GAP & Debt Protection) Other Vehicle Loans (Recreation)
Looking to finance a motorcycle, boat, RV or ATV? We offer affordable financing for all your recreational vehicle needs.
We offer protection products to give you peace of mind with your auto loan.
Vehicle Warranty: Coverage for unexpected repairs
GAP Coverage: Protects you if your vehicle is totaled or stolen
Debt Protection: Help during life events like job loss or disability