White Puppy Car

What Moves You?

Whether you’re taking to the highway or taking the kids to school, we’ll help you find the right loan for whatever moves you.

TEG offers great rates and fast approval on auto loans for new and used vehicles, or we can help you refinance your current loan at a better rate! We can even finance a little fun with loans for motorcycles, RVs, boats, jet skis, and ATVs. Plus, we offer a special program for first-time borrowers.

TEG has relationships with many area auto dealers, so you can finance with us right from the dealership! See our list of participating dealers.

Limited Time Special Offer

No Payments for up to 90 DAYS*

Car Loan Rates as low as 2.99% APR*

Automakers and dealers are working hard to attract buyers and many have rolled out generous incentive offers. Combine that with TEG’s low loan rates and 90 day deferred financing and this may be an excellent time to get a great deal.
*Promotional offer and Annual Percentage Rates (APR) available to qualified members for new or used auto purchases or refinances from another financial institution. Rates are based on personal credit history, payment method and vehicle information. Promotional rates and terms apply only to loans new to TEGFCU. Limited time offer. Cannot be combined with any other vehicle offer. Rates subject to change. Please contact TEGFCU for complete details.

First Time Borrower Vehicle Loans

If you think you can’t get a car loan because you don’t have credit, think again! Start your credit history with TEG’s First Time Borrower Vehicle Loan program. This loan can be used to finance cars and light duty trucks with just 10% down, cash or trade.

  • Amounts from $500 to $15,000
  • Maximum term: 60 months
  • Cosigner is not required
  • Get a 0.25% rate reduction when you set up direct deposit to automatically make payments

Qualified applicants must have a consistent source of income for at least six months

girl with car in hand

Refinance From Another Lender to Lower Your Car Payment

Love your car, but not the payment?  Refinancing your vehicle loan from another lender at a lower rate with TEG may be just a click away. Say hello to lower payments!

  • Competitive rates
  • Refinance options for any loan amount
  • No application fee
  • Financing up to 135% for qualified buyers
  • Flexible terms up to 84 months
  • Automatic payment options and no pre-payment penalties

Here’s how much refinancing with TEG could save you on a $20,000 auto loan with a term of 48 months:

LenderRateMonthly PaymentSavings Over the Life of Loan
TEG2.99% APR$442.65
Other Lender4.99% APR$460.55$859.20
Other Lender5.99% APR$469.68$1,297.44
Other Lender6.99% APR$478.91$1,740.48
Other Lender7.99% APR$488.26$2,189.28
Other Lender8.99% APR$497.71$2,642.88

Important Information

APR = Annual Percentage Rate. The TEG FCU rate shown is “as low as” and your rate will be based on an evaluation of the applicant’s credit and term of loan. Your rate may vary from rates shown. Rates are subject to change at any time without advance notice. The stated rate for TEG FCU 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. The payment examples include optional single TEG Payment Assurance.