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Auto Loans

Get the Best Auto Loan Rates

Texell consistently has the best rates on auto loans. That’s all auto loans — new, used, or refinanced vehicles.

Low rates? Check. Easy online application? Check. Exceptional service? Check. Check all the boxes at Texell. Get pre-approved for your vehicle and head to the dealership with an Express Check. Enjoy stress-free negotiating power against common sales tactics.

Refinance Your Ride

Do you already have a car you love? Let Texell's Loan Heroes make sure you’re getting the best rate. We can get you into a better loan quickly!

You could reduce your monthly payment, reduce the term of your loan, or both!

Payment Calculator Start Your Application

Today's Auto Loan Rates

Estimated Payment

Term	New Auto APR as low as¹	Pre-owned Auto APR as low as¹
36 months	4.49% APR	4.99% APR
60 months	4.89% APR	5.39% APR
72 months	5.39% APR	5.89% APR
84 months	6.29% APR	7.04% APR

¹APR = Annual Percentage Rate. All loans are subject to credit approval and individual rates will vary. Rates effective 10/17/2024 and subject to change at any time. As low as rates are based on a credit score of 740+ and include discounts for credit life/disability insurance, major mechanical protection, and a loan-to-value less than 80%. Existing Texell loans are not eligible for refinance.

We’re local, so your loan will be approved and serviced by people who live in your community.

Approved locally
Low rates
Flexible terms up to 84 months
Multiple payment options and due dates
Affordable GAP (Guaranteed Asset Protection) that’s cheaper than most dealers
Rest easy with Credit Life and Credit Disability Insurance
Configurable Extended Warranties to keep your ride as good as new

Rate-Lock Auto Loans

Lock in Today’s Best Auto Loan Rate!¹

Get Approved

Customize and order the vehicle of your dreams. With Texell’s Rate-Lock Auto Loans you can:

Lock your rate
Defer payments
No interest until you take possession of your new vehicle

A lot has changed with buying a car, and it’s rare you can visit a dealer and drive home with a new vehicle the same day. That’s why Texell now offers the ability to lock in your auto loan rate — up to four months!

Skip the stress and hassle — Get approved today.

Get Approved Car Buying Service Calculate Your Payment

¹ With approved credit. Eligible only for new auto purchases with delayed delivery. Interest begins accruing when you take possession of the vehicle. Your payment due date will be set within 30 days of taking possession of the vehicle. If your vehicle is not delivered within four months, a new application will be required. Contact Texell for complete details.

Frequently Asked Questions:

Do I need to be a member to apply?

No, but if you are approved, you’ll become a member through the loan process. This will give you access to all the benefits of membership with Texell. For instance, did you know that our standard debit card comes with a rewards programs just like many credit cards? And if you have a credit card with Texell too, all points accumulated from both debit and credit card activity are shared in a single account so you can earn and redeem faster.

Will I need a down payment? Do I need a co-borrower or co-signer?

A down payment will reduce the amount you need to get financed. A co-borrower or co-signer may be needed if, for instance, you have very little credit history. In either case, you may get a better rate. It really depends on your personal financial situation. It's best to speak to our loan experts who will walk you through your options.

Is there an application fee?

At Texell, we do not charge an application fee for auto loans.

What types of vehicles can I get with an auto loan?

With an auto loan, you can finance cars, vans, trucks, or SUVs.

Can I get pre-approved?

Of course! With our Express Checks, you’ll have the negotiating power of cash when you shop for your new vehicle.

What if I’m refinancing a loan I already have?

Our loan experts can walk you through refinancing an auto loan. Please note, Texell does not refinance loans already financed at Texell Credit Union.

Do I need to visit a branch to get an auto loan?

No. You can apply online or call 855.773.1604.

How soon after I get a loan from a dealer or other financial institution can I refinance?

Immediately. There’s no need to wait until you’ve made a payment.

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6 Steps to Take When Getting a Car Loan

Ready for a new vehicle? Take a few steps before you shop to make the process go smoother and ensure you get the very best rate and term for you.

Steps to getting a car loan

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How Much Car Can I Afford?

Before you go car shopping, do the math so you drive away in your new wheels with a happy budget.

calculate before you car shop

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Should You Refinance Your Auto Loan?

Does a refinance make sense? If you qualify for a lower rate, you could save quite a bit. Here we explore the possibilities.

evaluate benefits of a refinance