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Home » Loans » Auto Loans
Auto Loans is rated 4.8 out of 5 by 758.
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Easy Application Process. Quick Decisions. One Great Experience.

Imagine loving your payments as much as you love your new car. It’s possible with our great rates and flexible terms.

Features:
  • Up to 115% financing available
  • Flexible terms up to 84 months
  • Used vehicles up to 7 model years old are eligible
  • No hidden costs or early payoff penalties
  • Guaranteed Savings with our FREE Car Buying Service
  • On-site Apple financing available at Partner Dealerships
  • Easy, online payments in Online Banking
  • Apply in a branch, over the phone or online.

Get Pre-approved

Simplify the car buying process and shop like a “cash buyer” with a same-as-cash Apple Auto Loan Check. This helps you focus on the actual selling price of the car, rather than keeping track of the interest rate, down payment, loan term and trade-in. Plus, because you know exactly how much you can spend, you won’t feel pressured into buying outside of your budget. Apply now to get started.

How to Speed Up Your Loan Approval

Save trips to the branch, limit the need for follow-up and get a faster response to your application request. Gather and provide the following documents when you apply for your Auto Loan:

  • Driver's License, U.S. Military or other state-issued photo identification
  • Recent paystub, W2 and/or filed and signed tax returns (for self-employed individuals)
  • Auto Insurance Declaration Page
    • The auto insurance declaration page is a summary of your auto insurance policy. Declaration pages are issued upon the inception, renewal or revision of a policy and must be submitted to any lienholders.

When you're ready to buy, we're here to help!

Ask a Question about our New Auto Loan

Ready to buy your first vehicle, but have very little to no credit? Whether you buy new or used, our First-Time Auto Buyer Loan offers and an easy application process, manageable terms and is a great way to build credit. Plus, with every approved First-Time Auto Buyer Loan, you’re eligible for a Visa® Platinum Credit Card with a minimum $250 limit.

With the First-Time Auto Buyer Loan, you’ll enjoy:
Qualifications:
  • Must be at least 18 years old
  • Must be employed for a minimum of one (1) year or have a qualified co-signer
  • Proof of gross monthly income of at least $1,000
    • Monthly payment not to exceed 15% of gross income, including insurance premium (proof of insurance required before funding)
  • No more than 13 months of history reflected on credit report and no previous vehicle loans or derogatory credit reported (collections, liens, etc.)
  • Minimum $500 down payment
  • Vehicles up to 10 model years old are eligible
    • Used mileage cannot exceed 100,000 miles.
How to Speed Up Your Loan Approval

Get the fastest response; gather and provide the following when you apply:

  • Driver's License, U.S. Military or other state-issued photo identification
  • Recent paystub, W2 and/or filed and signed tax returns (for self-employed individuals)
  • Auto Insurance Declaration Page
    • The auto insurance declaration page is a summary of your policy, issued upon the inception, renewal or revision of a policy.

We’re here to help put you behind the wheel of your first car!

Ask a Question about our First-Time Auto Buyer Loan

Approval is not guaranteed and subject to credit approval. Applicant and the applicable co-signer be a current member or eligible for membership at Apple FCU. * Members who borrow 90% LTV will receive a 0.25% rate discount and members who borrow 80% LTV will receive a 0.50% rate discount. Auto value is determined using MSRP, NADA and Kelly Blue Book. **Members may add three months to the terms of their loan with the addition of Major Mechanical Protection, Guaranteed Asset Protection Advantage (GAP) and LoanShield™ Payment Protection. A maximum of nine (9) additional months may be added to terms up to 72 months.

Do you have an auto loan with another financial institution? See if Apple can lower your monthly payments!

Features:
  • Up to 115% financing available
  • Flexible terms up to 84 months
  • Vehicles up to 7 model years old are eligible
  • No hidden costs or early payoff penalties
  • Easy, online payments in Online Banking
  • Apply in a branch, over the phone or online.

How to Speed Up Your Loan Approval

Save trips to the branch, limit the need for follow-up and get a faster response to your application request. Gather and provide the following documents when you apply for your Auto Loan:

  • Driver's License, U.S. Military or other state-issued photo identification
  • Recent paystub, W2 and/or filed and signed tax returns (for self-employed individuals)
  • Auto Insurance Declaration Page
    • The auto insurance declaration page is a summary of your auto insurance policy. Declaration pages are issued upon the inception, renewal or revision of a policy and must be submitted to any lienholders.
  • Current Lienholder name and payoff address
  • 10-day payoff amount
  • VIN and other vehicle information, including mileage and features.

When you're ready to refinance, we're here to help!

Ask a Question about our Refinance Auto Loan

Apply Now

Loan Type
Approximate Terms
APR as low as* Conditions
New Auto
up to 36 months 2.09 % Minimum loan of $250
up to 48 months 2.34 % Minimum loan of $250
up to 60 months 2.59 % Minimum loan of $250
up to 72 months 2.84 % Minimum loan of $15,000
up to 84 months 3.09 % Minimum loan of $25,000
Used Auto
up to 36 months 2.59 % Minimum loan of $250; vehicle must be no more than 7 model years old. Maximum mileage of 100,000.
up to 48 months 2.84 % Minimum loan of $250; vehicle must be no more than 7 model years old. Maximum mileage of 100,000.
up to 60 months 3.09 % Minimum loan of $250; vehicle must be no more than 5 model years old. Maximum mileage of 100,000.
up to 72 months 3.34 % Minimum loan amount $15,000; vehicle must be no more than 4 model years old. Maximum mileage of 100,000.
up to 84 months 3.59 % Minimum loan amount $25,000; vehicle must be no more than 3 model years old. Maximum mileage of 100,000.
Auto Loan Refinance
up to 36 months 2.09 % Offer not applicable on loans currently held by Apple FCU.
up to 48 months 2.34 % Offer not applicable on loans currently held by Apple FCU.
up to 60 months 2.59 % Minimum loan of $250; vehicle must be no more than 5 model years old. Maximum mileage of 100,000.
up to 72 months 2.84 % Minimum loan amount $15,000; vehicle must be no more than 4 model years old. Maximum mileage of 100,000.
up to 84 months 3.09 % Minimum loan amount $25,000; vehicle must be no more than 3 model years old. Maximum mileage of 100,000.

*APR = Annual Percentage Rate as of 07/01/2017. Rates are based on an evaluation of applicant credit and amount financed. Your actual APR will be disclosed at the time of disbursement. Not all applicants will qualify for the lowest rate. Advertised as low as rate is based on 36-month term for a new vehicle and includes a maximum down payment loan-to-value discount. Current Apple FCU Auto Loans are not eligible for refinance.

With Apple Financial Services LLC, a wholly-owned subsidiary of Apple FCU, you’ll enjoy one-on-one attention from an insurance agent who will take the time to determine the coverage you need, at a price you can afford.

Our award-winning agents make shopping for insurance easy. We’ll help you find discounts with national carriers for multiple policies, good drivers, good students, member-only exclusives and more.

Call us at 703-788-4817 to schedule an appointment or get your no cost, no obligation online insurance quote today.

Shop with confidence knowing you got the best deal around!

Down Payment LTV Discount

When you finance less than 80% of the value of the vehicle, you may qualify for a lower rate. Ask your loan officer for details.

Credit Improvement Discount

If you have made 12 on-time payments on your Apple loan, you may qualify for a lower rate. Contact a loan counselor for details.

Call us at 703-788-4800 or visit a Branch for more information about these value-added discounts.

Rated 5 out of 5 by from Easy auto loan The online application was quick and easy to fill out. It was approved the next day and I went to my local branch to pick up the check (they could have mailed the check, but I chose to stop by the branch since it was on my way home). Once I purchased my car, I went back to the branch to sign the auto loan papers. Like I said, they whole process was very easy and I got a great rate. The best part is that is takes away a lot of stress when buying the car and one less thing for the car dealership to pressure you on. This is in fact my second auto loan through Apple Federal Credit Union. The first loan was just as easy and convenient, so I went back again when the time came.
Date published: 2016-05-15
Rated 5 out of 5 by from Comprehensive and Simple Auto Loan. Having never applied for a loan before, the world of financing was pretty intimidating to me. Not to mention that getting this car was necessary to keeping my life on track. My nerves were eased when I went into the Gainesville branch, and sat down with the associate to discuss everything. We had a friendly, professional conversation as she worked with me to create a payment plan that really fitted into my budget. Questions were encouraged and promptly answered, and any confusion was met with patience until I understood the situation. My experience was made very comfortable and overall, I feel much less daunted by having a loan than I thought I would.
Date published: 2015-09-08
Rated 5 out of 5 by from Kudos. My wife and I bought a new car a couple of months ago. We were happy be able to purchase something that she really loved, but was looking to refinance to get a better rate. Long story short, better rate, lower payments =Happy Wife.. Thanks again.
Date published: 2017-10-19
Rated 5 out of 5 by from Great Experience. ..Easy, Quick, Comprehensive I was pleasantly surprised as to just how uncomplicated the Used Auto Loan process through Apple Federal Credit Union was for me. I completed the online application, which took me about 15 minutes (maybe less); I did this in the eveninh. Within hours of the next business day, I received a reply that my loan request was approved. I followed up with some back and forth email communications, as well as a few phone calls. I simply went into a local branch to pickup a "draft" check to carry to the car dealership. Everyone that I interacted with through AFCU was friendly, courteous and helpful. Thank you for this very positive banking experience.
Date published: 2016-04-16
Rated 5 out of 5 by from Simple, quick, effortless AFCU (Falls Church branch) made my first bank loan experience completely painless. I filled out the application online on a Friday, then stopped in at the branch to check on the status the next morning. I was immediately greeted and told that they could likely process the loan before close (as I hoped to purchase a car that weekend). No more than a half hour later, I was walking out the door with an approved check. I have a typical college student credit history (no incidents, but not much build up), but it didn't hinder me at all from getting a loan with a good interest rate. Got my new car and everything is moving forward smoothly, thanks to Apple!
Date published: 2016-04-09
Rated 5 out of 5 by from Excellent Car...Excellent Service Experience I could not be more pleased with my auto loan experience in purchasing my BMW. From the ease of applying online, to the friendly and customer service focused demeanor displayed by Amy (our assigned loan officer) we could not be happier. Since transferring from another financial institution to Apple, I have been so "over the top" excited by the transformation from a "brick and mortar bank" to a customer friendly built credit union that focuses on a unified goal of saving their members money and providing them with strong financial guidance and options. Thank you for helping and always being a phone call, text, or a few short blocks away when I need you!!!
Date published: 2015-06-09
Rated 5 out of 5 by from Eazy Peazy Auto Loan!! I was so surprised at how easy the whole process was, I found the Jeep that I LOVED!! I left the dealership with the vehicle, knowing that I had the credit I needed to secure a loan with a great rate through Apple. I went online filled out the application and had the answer the same day. I exchanged a few phone calls with Ashley the next day, and that was it. I didn't have to go into a branch, she handled everything with the dealership, mailed off the check, I set up the payments online, and that was it. Seriously the easiest thing ever! There was no hassle, no haggling, and no running around trying to get the best rates, I knew Apple would handle everything! Now I'm rolling around town in my new wheels!!
Date published: 2016-02-09
Rated 5 out of 5 by from Second Excellent Experience This is the second auto loan that I have with Apple FCU. The loan application process itself was made simple and convenient by Katie Robertson. She is the reason we came back for the second loan. While at the dealerships we were offered different loans with different rates and although we had a check in hand from Apple FCU we were enticed to apply for one of these loans being told we obtained better terms. The bottom line is that the dealership mislead us and upon realizing the mess we had almost gotten into we contacted Katie who helped sort everything out. We walked out of Katie's office with a loan that is completely transparent and met all of our needs.
Date published: 2015-06-06
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Would a 2008 edge be able to qualify 

Asked by: Anonymous
Apple FCU is only able to finance vehicles seven (7) model years old and newer.
Answered by: AppleFCU
Date published: 2017-10-17

can u plz tell me current apr percentage of refinance?

Asked by: khem
Thanks for your interest in an Apple FCU Auto Loan Refinance; rates can be found at https://www.applefcu.org/AppleWeb/Rates#tab1.
Answered by: AppleFCU
Date published: 2017-10-13

what's the credit score to qualify for pre-own /or new car loan?

Asked by: duncan
Thanks for considering an Apple FCU Auto Loan! Our minimum FICO score is generally 580 for this loan type, but that's not the only factor. We look for good/excellent credit, credit on the mend or credit being built. We look at repayment history, capacity and desire to repay, and length and types of credit history. In short, we look at the entire picture and we look at each borrower individually. If you're ready to apply, visit https://loanapp.applefcu.org/. Should you have additional questions, it's best to speak with a loan officer directly since they may be more specific to you. Feel free to just give us a call at 703-788-4800 or stop by any Apple FCU branch.
Answered by: AppleFCU
Date published: 2017-09-28

My credit score it's 485, do I have a chances to get a loan to buy a car? 

Asked by: Hector
It's hard to say without reviewing your complete application. While your score is short of our traditional underwriting standards, it's important to note it's not the only factor we consider. Because scores can vary from credit bureau to bureau, and the other information in your application is considered, we encourage you to apply so we could definitively know if we could help. While we look for good/excellent credit, we also serve members with credit on the mend or credit being built. We look at repayment history, capacity and desire to repay, and length and types of credit history. In short, we look at the entire picture and we look at each borrower individually. We would invite you to apply 24/7 at https://loanapp.applefcu.org/.
Answered by: AppleFCU
Date published: 2017-09-28

Good afternoon, we just bought a car through toyota and I was wondering. How early can we refinance? we are looking to get a better interest rate. We bought the car about a week ago. Thank you

Asked by: Montano
You're able to refinance any time, however, the earlier you do it, the more likely it is you'll have to supply additional information. This is because the loan has not yet reported to the credit bureau, and all the details may not have been transferred fully from the dealership to Toyota Financial. As such, much of the information we traditionally access as part of your credit review isn't available to us yet. If you'd prefer to avoid this, it might be best to apply after a month has passed. When you're ready get started, visit https://loanapp.applefcu.org/. We look forward to serving you.
Answered by: AppleFCU
Date published: 2017-09-22

How much in advance should I apply for my auto loan? I am car shopping but it may be several weeks before I am actually ready to purchase a new car/

Asked by: DebraPK
Pre-approvals for an Apple FCU Auto Loan are valid for 60 days from the time of issuance; get started at https://loanapp.applefcu.org/. For convenience, we'll provide you with an Auto Loan Check so that you can more easily shop for a car when the time comes. Just simply fill in the amount due, up to your approved limit, and you're all set. If you plan to apply to other institutions too, try to do it all within a few days of each other so as to not adversely impact your credit rating.
Answered by: AppleFCU
Date published: 2017-09-12

What is the employment requirements for getting a car loan any specific length of time?

Asked by: Alan C
While there's no minimum employment requirement, we do like to see 12 months of history, if possible. Because this is only one factor of our underwriting, we'll review others during the approval process - credit history, term v. amount financed, etc. We look at each borrower individually to reach a decision. We'd welcome your application at https://loanapp.applefcu.org/ to see how we can be of service.
Answered by: AppleFCU
Date published: 2017-09-12

Can i get a loan if I don't have a credit history but I am working full time

Asked by: hardey
Approval for an Apple FCU does include those who are still building credit. As part of your application, we'll look at many factors including: repayment history, capacity and desire to repay, and length and types of credit history. In short, we look at the entire picture and we look at each borrower individually. We'd welcome your application at https://loanapp.applefcu.org/ to see how we may be of service to you!
Answered by: AppleFCU
Date published: 2017-09-11
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