Auto Loans in Beekman

Auto Loans in Newburgh, NY

Low Rates | Fast Pre-Approvals

Local Auto Loans From Your Trusted Lender in Newburgh, NY

It’s time to get a better deal on a car loan. Whether you’re purchasing a vehicle or refinancing an existing loan, we make the process easy and affordable with great rates, terms up to 84-months, and a simple online application. See all of the benefits of financing with us, and then apply online today.

Auto Refi Offer – Get $350*

when you refi your current auto loans (from another lender) of $15,000 or more.

  • Competitive rates as low as 2.99%*
  • No application fee

Refinancing with TEG could lead to a better rate, lower your existing monthly payments, and put you on the road to savings.

man and woman in summer driving a car
  • Great Rates & Service
  • Financing up to 135% for qualified buyers
  • Flexible terms up to 84-months
  • Automatic payment options and no pre-payment penalties
  • No application fee
  • Refinance options for any loan amount

TEG Auto Loan Rates

 APR as low as:
Vehicle Model Years 2022-20182.99%*
Vehicle Model Years 2017-20133.34%*
Vehicle Models Older Than 20135.44%*
 
 



 

Auto Loan Calculator

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Est. Monthly Payment: 0
 
 

*Interest rate shown includes 0.25% discount for automatic loan payment and does not reflect the age of vehicle purchased.

 
 

Applying Online is Quick and Easy

Step1

Apply Online

Complete the quick and easy online application, or stop by a local branch.

Step2

Loan Review

We will review your eligibility and get in touch to review the rates and terms.

Step3

Get a Check

Use your check to buy your auto or pay off an existing loan from another lender.

Auto Loan FAQs

Is there a pre-payment penalty if I decide to pay off my auto loan early?

No. We never charge pre-payment penalties for paying off loans early.


How do I apply for an auto loan?

Applying for an auto loan is quick and easy. You can use this link to get started. We’ll ask you how much you want to finance and for how long, and then some of your basic personal information. From there we will generate a pre-approval and you can start car shopping. If you already have your auto picked out, we’ll use those details to finalize the loan.


Does TEG charge a fee when I apply for the loan?

No. We never charge loan application fees.


When will I know if my application is approved?

We are usually able to process all loan applications in 24-48 hours. Once we have processed your application, you’ll be able to access the details in your member portal.


Do I have to know what car I am buying before I apply?

No. Not at all. It’s often a good idea to get pre-approved before you go car shopping so you know exactly how much you want to spend. Having a pre-approval also tends to give you negotiating power at dealerships because pre-approvals work like cash- they demonstrate that you have the money to buy on the spot.


Where can I use my loan once I’m approved?

We want you to buy the car of your dreams, so you can buy your auto wherever you find it. Buy from a dealership or a private seller.


Your Local TEG Branch

Understanding Your Credit Score

Learn the basics of credit scores, which actions help and hurt them, and how to improve credit in this helpful article.

Why Your Next Car Loan Should Be From a Credit Union

You want better rates, loan terms, and less time waiting around at the dealership, right? We thought so, and we explain the benefits and more in this blog article.

TEG’s Newburgh Branch

16 N Plank Rd, Newburgh, NY 12550

When you work with a local lender, you have the benefit of immediate and convenient access to our Loan Team members. Come in and see us today for your auto loan needs.

*Rates effective as of 1/4/2021. All rates shown are “as low as” and are based on an evaluation of the applicant’s credit, term of loan and loan-to-value ratio. Your rate may vary from rates shown. Other rates and terms available. Rates are subject to change at any time without advance notice. Promotional rates do not apply to auto equity loans. The stated rate is discounted by .25% and includes a requirement that loan payments are automatically transferred from your savings, checking, or money market account for the life of the loan. Different rates apply to internal refinances and auto equity loans – see credit union for details. Membership eligibility is required.

Payment example: $10,000 loan for 48 months at 2.99% APR will result in an approximate monthly payment of $22.14 for each $1,000 financed.