Secure a new or used Auto Loan with competitive rates and flexible terms at Team One Credit Union.
Rates as low as 5.49% APR* on our Auto Loans.
Team One Credit Union makes it easy! With our convenient e-sign option, you can apply for an auto loan or refinance from anywhere—right from your smartphone or internet-connected device.
With a Team One Auto Loan, you get low rates for up to 84 months (up to 120 months for electric and hybrid vehicles) and fast approvals!
Refinance & Save – Auto Loans Near You!
Love your car but not your payment? If you're paying too much on an auto loan from another financial institution, refinance with Team One Credit Union and see how much you can save!
Enhance your Auto Loan with these valuable services:
Total Loss Protection
WHAT IS TOTAL LOSS PROTECTION?
Accidents happen, but with our Total Loss Protection solutions you are covered regardless of the situation! Guaranteed Asset Protection (GAP) protects negative equity while Depreciation Protection protects positive equity. Make sure your vehicle loan is protected in the event your vehicle is deemed a total loss or stolen and not recovered. Contact us to learn more about which product is right for you.
WHAT IS GUARANTEED ASSET PROTECTION (GAP)?
Should your vehicle be deemed a total loss or stolen, GAP can help you avoid financial loss by waiving your remaining loan balance not covered by your insurance settlement (up to the maximum loan to value of 125%). GAP Advantage also provides you with a $1,000 credit towards the financing of a replacement vehicle financed with Team One Credit Union.
To thank you for purchasing GAP, we will provide you with Auto Advantage, which includes the Auto Deductible Reimbursement (ADR) benefit, which will reimburse your deductible for any loss covered by your auto insurance policy for ALL passenger vehicles you and your co-borrower own and insure, up to $500 for three (3) years, with unlimited claims!
Click here for more information: Guaranteed Asset Protection Explainer Video
WHAT IS DEPRECIATION PROTECTION?
Depreciation Protection protects your vehicle equity and hedges against depreciation over the life of the loan. In the event your vehicle is deemed a total loss or stolen, Depreciation Protection provides a waiver benefit equal to the difference between the vehicle value at the time of purchase, less the loan balance at the time of total loss (up to the agreement maximum or the outstanding loan balance, whichever is less). To thank you for purchasing Depreciation Protection, we will provide you with Auto Advantage, which includes the Auto Deductible Reimbursement (ADR) benefit, which will reimburse your deductible for any loss covered by your auto insurance policy for ALL passenger vehicles you own and insure, up to $500 for three (3) years, with unlimited claims!
Click here for more information: Depreciation Protection Explainer Video
Debt Protection
WHAT IS DEBT PROTECTION?
As we all know, life is unpredictable, with a wide range of unexpected events that could leave you and your family unable to pay monthly bills. That is why it is important you take action to safeguard your family against these types of events to help ensure loan payments can be made on time.
Debt protection may cancel your loan balance (up to the agreement maximum) or monthly loan payment without penalty or added interest due to an unexpected event. You can select the optional plan that will support your family’s financial protection needs and may include the following:
- Life: Protect your family from inheriting your debt. Life cancels your loan balances up to a maximum of $75,000 should you die before paying off your loan.
- Disability: Cancels your monthly loan payments (up to the agreement maximum) if you are unable to work due to illness or injury.
- Involuntary Unemployment: Think about how relieved you would be if you did not have to make loan payments during a layoff. Involuntary Unemployment cancels your monthly loan payment (up to the agreement maximum) if you become involuntarily unemployed.
Click here for more information: Debt Protection Video
DISCLOSURES
This product is optional. Your purchase of debt protection is optional. Whether or not you purchase this product will not affect your application for credit or the terms of any existing credit agreement you have with us.
Additional disclosures. We will give you additional information before you are required to pay for debt protection. This information will include a copy of the contract containing the terms and conditions of debt protection.
Eligibility requirements, conditions, and exclusions. There are eligibility requirements, conditions and exclusions that could prevent you from receiving debt protection benefits. You should carefully read your debt protection contract for a full explanation of the terms and conditions of the debt protection program.
Mechanical Breakdown Protection
Protect Your Ride with Confidence
Experience total peace of mind on the road with CU Certified Vehicle Protection. Whether you're commuting to work or exploring new destinations, our comprehensive coverage takes care of costly repairs by paying for both parts and labor on covered mechanical breakdowns. Accepted at any licensed repair facility in the U.S. or Canada, CU Certified ensures you’re covered wherever you go—with the option for a true $0 deductible and diagnostic costs included. Plus, enjoy added benefits like rental reimbursement, trip interruption coverage, and enhanced tire and wheel protection. With additional options for vehicles with lift kits, snowplows, rideshare use, and more, CU Certified delivers flexible, worry-free protection for today’s drivers.
Discount Auto Insurance
As a Team One Member, you now have access to special discount savings on your insurance needs through Team One Insurance Services. Team One Insurance Services is a wholly owned subsidiary of Team One Credit Union offering Members coverage on the things that matter most.
*APR = Annual Percentage Rate | Rates are subject to change.