Auto Loans

Go further, faster with rates like these.

New Auto Loan 101

Getting new wheels is a big deal and a major purchase. We offer competitive rates and flexible financing options so you can fund your ride, your way.

Call us your car buying co-pilot.
Walk into your local dealership with confidence when you get pre-approved for a new car loan (from yours truly.) You’ll know what you can afford, plus, dealers will know you’re a serious buyer and treat you like one. As always, you’ll have our support during the entire buying process.

Easily get prequalified.
Not quite ready to step on the gas? Get prequalified. Learn how much you can afford without hurting your credit (or leaving the couch.) It's a win-win!

New Auto Loan Rates

Type Term APR*
Type:
New Autos
Term:
Up to 36 Months
APR*:
2.24% - 2.94%
Type:
New Autos
Term:
Up to 60 Months
APR*:
3.34% - 13.24%
Type:
New Autos
Term:
Up to 72 Months
APR*:
3.49% - 13.74%
Type:
New Autos
Term:
Up to 84 Months
APR*:
4.99% - 6.74%
Type:
New Autos
Term:
Up to 96 Months
APR*:
7.24% - 7.49%

*The Annual Percentage Rate (APR) you receive will be within the range disclosed above and is based on the member's credit history and the term of the loan. Not all members will qualify for the best or lowest rate.

Lowest promotional APR based on credit worthiness and terms of 36 months or less. Loan to Value up to 115%.

New Auto Loan Benefits

First time, right foot

First-time borrowers deserve a strong start. That’s why we’ll help you establish your credit history, no co-signer necessary. Borrow up to $10,000 toward a car or truck loan and drive off into the sunset knowing your first time borrowing experience is behind you.

Free ride

With our 90 Days No Pay policy, you can cruise through the first three months of your auto loan without making a payment.

Set, forget, save

Auto Pay Advantage is an easy win. First, set up automatic loan payments from your Fortera account in just a few clicks. You’ll never miss a payment, and depending on your loan type, you might even snag a discount.

Always in your pocket

On the couch or on the go, keep your money close with our Mobile App and Online Banking.

Where you go, we go

Credit Unions around the world work together to make sure our members can use branches and ATMs everywhere — surcharge-free. Nice, right? Download our CO-OP app and plot your next getaway.

Goal setting made simple

Our skilled experts are easy to reach and happy to help. For members and non-members alike, meetings and consultations are always free, so make the most of your money, on us.

Rest easy

With us, your money is always protected and insured by the National Credit Union Administration. You’re covered on all deposits up to $250,000, so save away.

Get by with a little help

Or even a lot. Either way, we’re here. Call, text, or chat with our experts anytime you need a friend who knows all things Fortera.

More is merrier

Extra payments on loans are accepted anytime.

Shift things into drive and apply for your new car or truck loan today. With no application fee, what are you waiting for?

Helpful Resources

More tools and services to make your day a little easier.

Credit Life, Disability, and Unemployment Protection
+

Ensure that you and your loved ones are financially secure even if unplanned accidents happen. Add MEMBER'S CHOICE payment protection on your loan. The protection steps in when your family needs help making your loan payment should you become disabled due to a covered illness or injury, become unemployed, or pass away before paying off your loan.

Sorry to bring the mood down, but we've got to talk safety first. If you have a question or would like to add MEMBER'S CHOICE to your loan, email us and we will be happy to help.

Submit a Payment Protection Claim
+

Need to submit a claim? No problem, we've got you covered. You can submit a claim at myclaim.cunamutual.com. If you have any questions, please text us at 931.431.6800 or email us at info@forteracu.com and we will be happy to help.

Document Checklist for New and Used Auto Loan Applications
+

To verify your identity, we always ask that you come prepared with a government-issued ID. It is important that it is not expired. Examples of acceptable IDs include a State Driver's License or a U.S or Foreign Passport. If we have trouble validating your ID, we may ask for a secondary ID. If you have a question about whether or not an ID can be used, just text us at 931.431.6800.

In addition to identification, you will also need to bring:

  • Buyers order
  • Window sticker or invoice
  • Exact mileage
  • Proof of insurance with Fortera Credit Union listed as lien holder
  • Income verification

Have questions? You can email us at loans@forteracu.com, text us at 931.431.6800, or video call us. Whichever works for you works for us.

Car Loan Calculator
+

Use this calculator to help you determine your monthly car loan payment or your car purchase price. After you have entered your current information, use the graph options to see how different loan terms or down payments can impact your monthly payment. You can also examine your complete amortization schedule by clicking on the 'View Report' button.

CUNA Mutual Additional Products
+

Learn more about a variety of different products and services offered to all credit union members through CUNA Mutual.

Additional Insurance Coverage With TruStage
+

As a Fortera Credit Union member, you have access to additional insurance protection through our partner, TruStage. They provide Life, Auto, Home, and Accidental Death Coverage. You can get up to $1,000 of Accidental Death coverage for free by visiting trustage.com and claiming your offer.

If you have questions for our team about TruStage insurance, please text us at 931.431.6800 or email us at info@forteracu.com.

Need a hand?

Tag us in. Whether you are on your couch or halfway around the world, use Fortera Video Chat to get quick answers from a friendly face.

Can I make additional payments on a New Auto Loan?
+

Yes! You can make additional payments on your New Auto Loan.

Do you work with local dealers on New Auto Loans?
+

Yes! We have a large network of local dealers that we support and work with. To learn who is on our list, email us at loans@forteracu.com and one of our team members will be happy to assist you.

Can I get pre-approved for a New Auto Loan?
+

Yes! We highly encourage our members to get pre-approved for an auto loan. When you are pre-approved, you are able to walk into a dealership and know exactly how much car or truck you can afford. Pre-approval puts purchasing power back in your hands and you control the conversation with the Dealer. For more information, give us a call at 931.431.2258.

What are the term lengths for a New Auto Loan?
+

Term legths for an Auto Loan can range anywhere between 36 months and 96 months.

Can I set up automatic transfers in Online Banking to pay for a New Auto Loan?
+

Yep! You can make payments toward this loan from Online Banking and you can make payments from a different bank account using our Make A Payment feature.

Document Checklist for New and Used Auto Loan Applications
+

To verify your identity, we always ask that you come prepared with a government-issued ID. It is important that it is not expired. Examples of acceptable IDs include a State Driver's License or a U.S or Foreign Passport. If we have trouble validating your ID, we may ask for a secondary ID. If you have a question about whether or not an ID can be used, just text us at 931.431.6800.

In addition to identification, you will also need to bring:

  • Buyers order
  • Window sticker or invoice
  • Exact mileage
  • Proof of insurance with Fortera Credit Union listed as lien holder
  • Income verification

Have questions? You can email us at loans@forteracu.com, text us at 931.431.6800, or video call us. Whichever works for you works for us.

You may also like...

Recreational Auto Loan

Adventure awaits, and we’re here to help you chase it down.

Used Auto Loan

A pre-driven car is no small investment. Make your new-to-you ride your own — on your budget and time table.

Power Credit Card

Enjoy seriously low rates on day-to-day spending, and the no-hassle relationship of our low-maintenance Power Credit Card.

What's New

Nitty, gritty, and super important.

Fine print is your friend. When you have a minute, give these a good read:
Member Service Agreement
View PDF
Rate and Fee Disclosure
View PDF