Credit union · NCUA insured
Island Federal Credit Union Auto Loan Rates
Island Federal Credit Union auto loans start at 4.99% APR for a new vehicle and 4.99% for a used one. Rates checked October 5, 2026.
How Island Federal Credit Union’s auto loan rates compare
Compared with banks and credit unions near New York, NY-NJ, where Island Federal Credit Union has the most branches. New vehicle, lowest advertised APR first.
This credit union’s lowest
Island Federal Credit Union
4.99%APR
- Terms
- up to 60 months
- Discount
- None included
New Auto Loan
Lowest rate
Westchester Schools FCU
2.90%APR
- Terms
- up to 72 months
- Discount
- None included
2nd-lowest rate
PSFCU
3.50%APR
- Terms
- up to 60 months
- Discount
- Included in the rate
Island Federal Credit Union auto loan score
83
Auto loan score
Higher than 62% of U.S. banks and credit unions
- New vehicleNew4.99%
- Used vehicleUsed4.99%
Each track runs from the highest to the lowest rate among U.S. banks and credit unions; the dot is this rate.
Where Island Federal Credit Union ranks
By auto loan score, in each area where it has branches
Every rate
Current auto loan rates
Rates from the credit union’s website. Most are “as low as” rates for the best credit; yours depends on your credit, the term and the vehicle.
Auto Loan Refinance
Vehicle value determined using NADA.com. Refinance of Island Federal Auto Loans: Maximum LTV 100%; to qualify for prevailing refinance rates, principal balance must be increased by at least 15%. Refinance of Non-Island Federal Auto Loans (Balance-for-Balance Transfer): Maximum LTV of up to 125%. Refinance with New Loan (Payoff & Replace): Maximum LTV 100%. Subject to credit approval; membership eligibility applies.
| Terms | APR | Conditions |
|---|---|---|
| up to 12 months | 4.99% | Model years 2019 and newer |
| up to 24 months | 4.99% | Model years 2019 and newer |
| up to 36 months | 4.99% | Model years 2019 and newer |
| up to 48 months | 4.99% | Model years 2019 and newer |
| up to 60 months | 4.99% | Model years 2019 and newer |
| up to 72 months | 4.99% | Model years 2019 and newer |
| up to 84 months | 5.69% | Maximum term of 84 months available only for model year 2020 or newer vehicles. |
| up to 96 months | 6.49% | Maximum term of 96 months available only for model year 2021 or newer vehicles. |
| up to 12 months | 8.39% | Model years 2016-2018 |
| up to 24 months | 8.39% | Model years 2016-2018 |
| up to 36 months | 8.39% | Model years 2016-2018 |
| up to 48 months | 8.39% | Model years 2017-2018 |
| up to 60 months | 8.39% | Model year 2018 |
First Time Car Buyer Program
For first-time car buyers. Maximum loan to value of 80%; six months with current employer required. Vehicle year 2019 - New. Subject to credit approval; membership eligibility applies.
| Terms | APR | Conditions |
|---|---|---|
| — | 7.99% | Vehicle year 2019 - New; maximum LTV of 80%; 6 months with current employer required. |
Sources (1)
- islandfcu.org/rates · captured Oct 5, 2026
Lease Buyouts
Loan amount cannot exceed purchase price listed on the conditional bill of sale. Rate applicable for vehicles 2018 and newer; other rates and terms available for older vehicles. Subject to credit approval; membership eligibility applies.
| Terms | APR | Conditions |
|---|---|---|
| up to 12 months | 4.99% | — |
| up to 24 months | 4.99% | — |
| up to 36 months | 4.99% | — |
| up to 48 months | 4.99% | — |
| up to 60 months | 4.99% | — |
| up to 72 months | 4.99% | — |
| up to 84 months | 5.69% | 84 months term only available vehicle years 2020 and newer. |
| up to 96 months | 6.49% | 96 months term only available vehicle years 2021 and newer. |
Sources (1)
- islandfcu.org/rates · captured Oct 5, 2026
Motorcycles
New motorcycles defined as motorcycles that have never been titled and do not exceed two model years in age. Maximum loan amount for motorcycles = $25,000. Subject to credit approval; membership eligibility applies.
| Terms | APR | Conditions |
|---|---|---|
| up to 60 months | 7.74% | New only; 2025+ model years. |
Sources (1)
- islandfcu.org/rates · captured Oct 5, 2026
New Auto Loan
New vehicles defined as vehicles that have never been titled and do not exceed two model years in age. May finance up to 100% of MSRP or purchase price, whichever is less, plus sales tax, license, and extended warranty. Subject to credit approval; membership eligibility applies.
| Terms | APR | Conditions |
|---|---|---|
| up to 12 months | 4.99% | — |
| up to 24 months | 4.99% | — |
| up to 36 months | 4.99% | — |
| up to 48 months | 4.99% | — |
| up to 60 months | 4.99% | — |
| up to 72 months | 4.99% | — |
| up to 84 months | 5.69% | — |
| up to 96 months | 6.49% | — |
Sources (1)
- islandfcu.org/rates · captured Oct 5, 2026
Used Auto Loan (Model Years 2016 to 2018)
For used vehicles model years 2016 to 2018. Maximum loan amount based on 100% of NADA value. Subject to credit approval; membership eligibility applies.
| Terms | APR | Conditions |
|---|---|---|
| up to 12 months | 8.39% | Model years 2016-2018 |
| up to 24 months | 8.39% | Model years 2016-2018 |
| up to 36 months | 8.39% | Model years 2016-2018 |
| up to 48 months | 8.39% | Model years 2017-2018 |
| up to 60 months | 8.39% | Model year 2018 |
Sources (1)
- islandfcu.org/rates · captured Oct 5, 2026
Used Auto Loan (Model Years 2019 and Newer)
For used vehicles model years 2019 and newer. Maximum loan amount based on 100% of NADA value. Subject to credit approval; membership eligibility applies.
| Terms | APR | Conditions |
|---|---|---|
| up to 12 months | 4.99% | — |
| up to 24 months | 4.99% | — |
| up to 36 months | 4.99% | — |
| up to 48 months | 4.99% | — |
| up to 60 months | 4.99% | — |
| up to 72 months | 4.99% | — |
| up to 84 months | 5.69% | 84 months term only available vehicle years 2020 and newer. |
| up to 96 months | 6.49% | 96 months term only available vehicle years 2021 and newer. |
Sources (1)
- islandfcu.org/rates · captured Oct 5, 2026
Who can join Island Federal Credit Union
We don’t have this credit union’s membership requirements here yet. Confirm that you can join before applying.