Pros and cons of Navy Federal auto loans Consider these benefits and drawbacks of a loan with Navy Federal before submitting an application.
PROS Variety of term lengths Low APR Car Buying Service
CONS Membership required Maximum APRs not disclosed Restrictions for older used vehicles
If you qualify, Navy Federal offers competitive rates and high maximum financing amounts for new car loans, used car loans and auto loan refinancing.
Along with this, Navy Federal has partnered with TrueCar to create its Car Buying Service, which can help you find and compare vehicles completely online
Variety of term lengths. Navy Federal offers more than five repayment terms, with terms of up to 96 months