Auto Loans

Auto Loans

If you’re looking to get a new car, or a new-used car, we can help! We know how tedious the car buying experience can be. Different dealerships will offer different prices for the same car. And if you don’t do your research, you may end up paying more than you have to. We offer a free unbiased auto buying experience.** Simply tell us what car you’re looking for and any specific features. Our knowledgeable team will do the shopping for you. Call us at (213) 944-2201 to find the car you’re looking for.

There’s no better deal on wheels than a Schools FCU vehicle loan.  Visit our Auto Marketplace to discover how easy finding your next vehicle can be.

Auto Loan - Refinance

Like your current vehicle… but hate the loan? Refinance your high-interest bank or dealer loan to get a monthly payment you can live with.

Summer Free Auto Loan

Making 12 monthly payments can be a strain when you only get paid 10 months. Don’t stress! Take a break from payments instead.

Our Summer Free Auto Loan lets you skip payments during the 2-month period when your paycheck is “on vacation.”

• Same low rates as regular auto loans
• Skip two payments of your choice

Additional Savings for Your Loan

Guaranteed Auto Protection (GAP)

If your car is stolen or totaled, your insurance will probably pay only the actual cash value, which could be far less than your remaining car loan balance. Guaranteed Auto Protection (GAP) covers the difference by paying off your loan, and gives you $1,000 as a head start on a replacement vehicle. For peace of mind, purchase GAP when you finance your next vehicle.

Mechanical Breakdown Insurance (MBI)

*APR= Annual Percentage Rate. All applications are subject to approval. Actual rate and terms offered will vary based on the borrower(s) credit qualifications. Offer is subject to change without notice. Rate includes the following discounts: -0.25% for automatic payments from SFCU checking, and -0.25% with a direct deposit relationship. Payment examples are based on the lowest possible rate of 1.49% for 60 months. All loans are based on simple interest and interest will continue to accrue during any deferrals. Rate does not apply to existing SFCU loans. **Auto buying service provided by Allegiance Auto Buying Group – Carquest. Schools FCU is not responsible for the services provided by third party vendors.