Skip to content
Home / Auto Leasing

Auto Leasing

Affordable and Flexible Financing
There’s another way to pay for your new car

Cars can be expensive to buy and maintain. Leasing is a financing alternative to traditional vehicle loans. Leasing offers flexibility, affordable payments, and shorter commitments that can be beneficial and sometimes less costly for people who want to drive a new vehicle.

Does TEG Federal Credit Union offer auto leasing? Yes, we do! Some of our dealers in our preferred dealer network have leasing options available and even offer special incentives to make leasing more affordable. These specially selected dealers will assist you from start to finish.

Many car shoppers like the ability to afford the latest and greatest models without a big cash down payment. So, if you like to drive a new car every few years and drive less than 15,000 miles per year, then leasing may be a great car-buying option for you. With a lease, you are essentially renting the car for a fixed amount of time (typically 36 to 60 months). Monthly payments are typically lower, so people can stay within their budget and enjoy their new car without breaking the bank.

No or low down payment

Lower monthly payments

Lower maintenance and repair costs

Lower sales tax (applies only to lease term)

Manufacturer’s warranty (for lease term)

Upgrade to a newer model every few years

No concerns about depreciation or losing value

Explore Resources

Supervisory Blog
Are you interested in finance, accountability, and giving back to your community? TEG Federal Credit Union is currently seeking engaged members to join our Supervisory Committee. This is a rewarding…
Roll of money with a graduation cap on.
TEG Federal Credit Union will award three $1,000.00 scholarships to graduating high school seniors who have demonstrated academic achievement and community service throughout their high school careers. From time to…
suburban home for sale
If you’ve been keeping an eye on the housing market, you may have noticed some mixed signals lately. This 2026 housing market update breaks down what’s happening with home sales,…
image depicting rising energy prices
Inflation and home prices are back in focus as rising energy costs pushed inflation higher in March. While this may sound concerning, there are also signs of opportunity, especially for…
Mortgage pre-approval application
Be honest with yourself. Have you started looking at homes online yet? Scrolling through real estate listings is a lot of fun. You get to imagine your life in different…

Join TEGFCU

At TEGFCU, your best interests have always been our focus. As a better alternative to banks, our mission is simple, to help you get to a better place financially.

Membership is open to anyone (and their immediate families) who lives, works, worships, or attends school in Dutchess, Orange, Ulster, Putnam, Rockland, Sullivan, and Westchester County, NY. A $5 minimum deposit opens the door to all the benefits of being a valued TEGFCU member.

You are now leaving TEG Federal Credit Union

Modal called incorrectly.