Navy Federal Car Loan Rates

New & Used Car Loan Rates

Loan TypeUp to 36 mos. APR as low as37-60 mos. APR as low as61-72 mos. APR as low as73-84 mos. APR as low as85-96 mos. APR as low as
New Vehicle2.29%2.49%2.79%4.69%5.59%
Late Model Used Vehicle2.69%2.89%3.99%N/AN/A
Used Vehicle3.79%4.09%4.19%N/AN/A

Used Vehicles: 

Any model year with more than 30,000 kilometers, or model years 2020 and older. Based on the model year, a car is termed vintage or antique if it is 20 years old or older and is susceptible to higher collateral lending rates.

Required is direct deposit. This military discount could be terminated at any time. To get the discount, applicants must call Navy Federal or go to a branch. Discounts on the active duty rate (which also apply to retired military personnel) may be used, subject to some limitations.

Subject to credit and collateral approval. Rates are based on creditworthiness and are subject to change, so your rate may vary.

New Vehicles: 

2021, 2022 and 2023 model years with 7,499 miles or less. Minimum loan amount is $30,000 for terms of 85-96 months.  New auto loan of $20,000 for 36 months at 2.29% APR will have a monthly payment of $576.

Based on the model year, a car is termed vintage or antique if it is 20 years old or older and is susceptible to higher collateral lending rates.

No lease, purchase, or service made by or via the Navy Federal Car Buying Service, TrueCar, CARFAX, TruStage, Liberty Mutual, or SiriusXM is in any manner a responsibility of Navy Federal Credit Union.

The registered brand CARFAX belongs to CARFAX, Inc.

The TruStage® Auto & Home Insurance Program makes Liberty Mutual Insurance available. The TruStage Insurance Agency, LLC offers the TruStage Auto & Home Insurance Program. Provider and underwriter of the insurance is Liberty Mutual Insurance Company, 175 Berkeley Street, Boston, Massachusetts 02116, USA.

Liberty Mutual Insurance 2022 Discounts vary from state to state and are not always available. Only certain coverages are eligible for some reductions.

All candidates are individually underwritten to the extent permissible by law; certain applicants may not be eligible. Where state laws and regulations permit, we shall obtain consumer reports from consumer reporting agencies and/or motor vehicle reports on each driver listed on your policy.

For details on specific coverages and restrictions, please review your insurance. The offered insurance is not a deposit and is not bought, marketed, or guaranteed by Navy Federal Credit Union or the federal government. Navy Federal Credit Union has the right to receive payment from TruStage Insurance Agency, LLC in exchange for enabling the provision of this insurance programme.

In no manner is Navy Federal Credit Union liable for any goods or services offered by or via TruStage, Liberty Mutual, or any of their subsidiaries, affiliates, or joint venture partners in the insurance industry.

© TruStage Insurance Agency 2022


The Navy Federal Car Buying Service is run by TrueCar. Any purchase, lease, or service made by or through the Navy Federal Car Buying Service is not the responsibility of Navy Federal.

The reviews’ opinions are purely those of the people who posted them. The testimonies are essentially the reviewer’s own words, however they may have undergone minor clerical edits for readability, context, or to preserve anonymity. Any visuals presented are solely for aesthetic appeal and are not necessarily connected to the reviewer.

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