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1-800-628-7070          Routing #: 221473652

What Type of Auto Loan Are You Looking for?

New or Used Auto Loan

Whether you’re searching for a new car or used car, Bethpage offers low fixed auto loan rates as compared to most banks and provides guidance throughout the buying process. You can reduce your rate even more by setting up automatic payments.

New Auto Loan Features

  • Fixed rates as low as % APR 1
  • Extended terms up to 84 months2
  • No payments for 90 days3
  • Borrow up to 115% of LTV4
  • Network of partner dealerships to help find the car you want

Used Auto Loan Features

  • Fixed rates as low as % APR1
  • Extended terms up to 84 months2
  • No payments for 90 days3
  • Borrow up to 115% of LTV4
  • Network of partner dealerships to help find the car you want

Refinancing Features

Already have a new car and looking for a better rate? Bethpage can help you reduce your monthly payments with great rates that are significantly lower than most banks.

Used Auto Loan Features

  • Fixed rates as low as % APR1
  • Extended terms up to 84 months2
  • No payments for 90 days3
  • Borrow up to 115% of LTV4
  • Automatic payments

When Does Refinancing Make Sense?

Refinancing your auto loan at a lower rate could make a huge difference in your monthly payments and the amount paid for your car overall. Refinancing could make sense for you if…

  • The rate you’re paying is much higher than Bethpage Federal Credit Union rates
  • You need to lower your monthly loan payment and/or extend the loan term
  • Your credit score has improved, and you qualify for a lower rate

Lease Buyout Features

Love your leased vehicle or want to avoid end-of-lease expenses? Bethpage can help you buy it!

  • Fixed rates as low as % APR1
  • Extended terms up to 84 months2
  • No payments for 90 days3
  • Borrow up to 115% of LTV4
  • Guidance throughout the loan process
  • Automatic payments

When Does a Lease Buyout Make Sense?

Terms of auto leases vary depending upon the lender. If your lease includes a buyout option, here are some important considerations that might help you decide if a buyout makes sense for you*.

  • If your car’s current market value is substantially higher than its residual value as stated in your lease
  • If you took great care of the vehicle and expect it to be reliable over the long haul
  • If you drastically exceeded your mileage limit or the car has excessive wear-and-tear, you may avoid high fees you’d owe the leasing company if you buy it instead of returning it
  • If you love your car, it fits your lifestyle, and you don’t want the hassle of car shopping
*There are other considerations and it’s important to review and understand your original lease agreement before choosing to keep or return your vehicle

What Type of Auto Loan Are You Looking for?

New or Used Auto Loan

Whether you’re searching for a new car or used car, Bethpage offers low fixed auto loan rates as compared to most banks and provides guidance throughout the buying process. You can reduce your rate even more by setting up automatic payments.

New Auto Loan Features

  • Fixed rates as low as % APR 1
  • Extended terms up to 84 months2
  • No payments for 90 days3
  • Borrow up to 115% of LTV4
  • Network of partner dealerships to help find the car you want

Used Auto Loan Features

  • Fixed rates as low as % APR1
  • Extended terms up to 84 months2
  • No payments for 90 days3
  • Borrow up to 115% of LTV4
  • Network of partner dealerships to help find the car you want

Refinancing Features

Already have a new car and looking for a better rate? Bethpage can help you reduce your monthly payments with great rates that are significantly lower than most banks.

Used Auto Loan Features

  • Fixed rates as low as % APR1
  • Extended terms up to 84 months2
  • No payments for 90 days3
  • Borrow up to 115% of LTV4
  • Automatic payments

When Does Refinancing Make Sense?

Refinancing your auto loan at a lower rate could make a huge difference in your monthly payments and the amount paid for your car overall. Refinancing could make sense for you if…

  • The rate you’re paying is much higher than Bethpage Federal Credit Union rates
  • You need to lower your monthly loan payment and/or extend the loan term
  • Your credit score has improved, and you qualify for a lower rate

Lease Buyout Features

Love your leased vehicle or want to avoid end-of-lease expenses? Bethpage can help you buy it!

  • Fixed rates as low as % APR1
  • Extended terms up to 84 months2
  • No payments for 90 days3
  • Borrow up to 115% of LTV4
  • Guidance throughout the loan process
  • Automatic payments

When Does a Lease Buyout Make Sense?

Terms of auto leases vary depending upon the lender. If your lease includes a buyout option, here are some important considerations that might help you decide if a buyout makes sense for you*.

  • If your car’s current market value is substantially higher than its residual value as stated in your lease
  • If you took great care of the vehicle and expect it to be reliable over the long haul
  • If you drastically exceeded your mileage limit or the car has excessive wear-and-tear, you may avoid high fees you’d owe the leasing company if you buy it instead of returning it
  • If you love your car, it fits your lifestyle, and you don’t want the hassle of car shopping
*There are other considerations and it’s important to review and understand your original lease agreement before choosing to keep or return your vehicle

Get an Auto Loan in 3 Easy Steps

Start by Applying Online

It only takes 15 minutes to apply and there’s no application fee or obligation. You can also apply at a Bethpage branch or call 1-800-628-7070.

Get Pre-Approved

Most members receive their pre-approval immediately. Your pre-approval remains valid for up to 60 days, giving you time to car shop.

Head to the Dealership

Knowing your auto financing is already approved and how much you can spend lets you shop for a vehicle with confidence.

Find Your Car

Search for a new or used car from our trusted network of authorized dealers.

Why Apply for an Auto Loan with Bethpage?

Confidence Icon

Shop with Confidence

Bethpage offers auto loan pre-approvals for members, so you’ll know how much you can afford before you ever step into a dealership.

Extended Term Options Icon

Low Rates, Longer Terms

We have substantially lower rates than most banks. Plus, we offer extended terms, greater loan-to-value ratio and no pre-payment penalties.

High Level of Service Icon

Highest Level of Service

Let’s face it – car shopping can be confusing. Bethpage helps you by providing guidance throughout the entire car buying process.

200 Partner Dealerships

Over 200 Partner Dealerships

Bethpage partners with trusted dealerships so you can shop for the best deal possible on the vehicle you’re dreaming of!

FAQs

New or Used Car Auto Refinance Auto Lease Buyout

What’s the difference between loans for new and used cars?

Auto loan interest rates for new cars tend to be lower than those for used cars. One main reason a used car usually has a higher interest rate is that it’s typically more difficult for a lender to predict the resale value (or deprecation) of a used car (compared to a new car). To view today’s auto loan rates, click here.

What qualifies a vehicle for a new vs. used auto loan rate?

Bethpage considers a vehicle new when it is:

  • A current model year vehicle with fewer than 5,000 miles.
  • A previous model year vehicle with fewer than 5,000 miles.
Bethpage considers a vehicle used when it is:
  • 2-9 model years old.

Do I need a co-borrower / can I have a co-borrower?

You may apply for a Bethpage auto loan with or without a co-borrower. If approved, a co-borrower is as responsible as you are for repaying the loan.

How long will it take to get my loan?

The length of time it will take to finalize your loan is largely dependent on how quickly you send the documents/conditions to us. Bethpage will process your application as soon as it is complete.

Is there a pre-payment penalty?

No. At Bethpage, you can pay off your auto loan ahead of schedule without any penalty.

What is the oldest used car Bethpage will do a loan on?

Bethpage offers auto loans on pre-owned vehicles up to 9 model years old. Bethpage also offers auto loans on “Classic” vehicles that are 25 years and older.

How can refinancing help me to lower my monthly payment?

By obtaining a lower auto loan interest rate and/or extending the terms of the loan (e.g., from 3 years to 5 years), refinancing can help you to pay less each month.

How much will I save by refinancing?

To estimate how much money a new rate or term could save you, use Bethpage’s Vehicle Payment Calculator. You can also speak with one of our friendly, knowledgeable Auto Loan Specialists by calling 1-800-628-7070 or by visiting your local branch.

How long will it take to get my loan?

The length of time it will take to finalize your loan is largely dependent on how quickly you send the documents/conditions to us. Bethpage will process your application as soon as it is complete.

Does Bethpage do lease buyouts with leases from other companies?

Yes, Bethpage will buy out your lease with other companies, except Nissan, Ford and Infiniti.

Where do I get a lease buyout letter?

To obtain a lease buyout letter, you should contact your leasing company. We suggest that you confirm the process of ending your lease with them.

Is sales tax included in the buyout?

A lease buyout is a vehicle purchase, so you must pay your state’s sales tax on the car. Usually the sales tax is included in the lease buyout letter. When financing through Bethpage, we will need to know if you are rolling the sales tax into the loan or paying the sales tax on your own. If you are paying the sales tax on your own, we’d need a copy of the official payment of sales tax.

What’s the rate?

The interest rate for a lease buyout is the same as if you were looking to finance a new or used car that you weren’t already leasing. To view today’s auto loan rates, click here.

What’s the term?

Bethpage offers fixed rate loans for terms up to 84 months on new vehicles and up to 84 months on pre-owned vehicles. For more details, click here.

How long will it take to get my loan?

The length of time it will take to finalize your loan is largely dependent on how quickly you send the documents/conditions to us. Bethpage will process your application as soon as it is complete.