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Auto Loans With Low Interest Rates On Purchases And Refinances

Get behind the wheel with low-rate auto loans, easy online applications, and fast approvals. Whether the car you want is new, used, or needs refinancing, Velocity will help get you there.

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Let’s Get You On The Road

Velocity offers financing on new and used cars and light trucks with low rates and flexible terms. Qualify for little to no down payment on new vehicles, plus get financing for used vehicles up to 10 model years old.

Get A Velocity Loan At A Dealership

Velocity partners with dealerships across central Texas so you can apply for an auto loan, get approved, and close it immediately at the dealership. Ask your dealer to arrange financing through Velocity, and we’ll assist with your application even if you’re not a current member.

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Low-Rate Financing vs. Cash Rebates

Dealers may offer low-rate financing or a cash rebate, but choosing Velocity for your auto loan can help you save even more. So take the rebate and then refinance with Velocity for an even better rate. Contact us today and let us help you find the smartest way to save on your auto loan.

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Guaranteed Asset Protection

If your vehicle is totaled or stolen, your insurance may not pay off your full loan balance. With Guaranteed Asset Protection (GAP), you won’t be stuck paying the difference. Apply for your auto loan today with GAP from Velocity so you can stay covered and drive with confidence.

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Loan Rates

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Loan Term
APR As Low As
Payment Per $1,000
Up to 66 months*
5.69% with Member Rewards​​​†
$ 17.68
67 to 72 months*
5.89% with Member Rewards​​​†
$ 16.52
73 to 78 months*
6.29% with Member Rewards​​​†
$ 15.65
79 to 84 months*
6.74% with Member Rewards​​​†
$ 14.97
† Our lowest APR includes a Member Rewards discount of 0.50%.
* 100% financing available to qualified borrowers.
Age Of Vehicle
Loan Term
APR As Low As
Payment Per $1,000
Current year to 5 years old
Up to 66 months*
5.69% with Member Rewards​​​†
$ 17.68
Current year to 5 years old
67 to 72 months*
5.89% with Member Rewards​​​†
$ 16.52
Current year to 5 years old
73 to 78 months*
6.29% with Member Rewards​​​†
$ 15.65
Current year to 5 years old
79 to 84 months*
6.74% with Member Rewards​​​†
$ 14.97
6 to 7 year old models
Up to 54 months*
5.69% with Member Rewards​​​†
$ 21.03
6 to 7 year old models
55 to 60 months*
5.89% with Member Rewards​​​†
$ 19.28
8 to 10 year old models
Up to 36 months*
5.89% with Member Rewards​​​†
$ 30.37
† Our lowest APR includes a Member Rewards discount of 0.50%.
* 100% financing available to qualified borrowers.
Loan Term
APR As Low As
Payment Per $1,000
Up to 66 months*
5.94% with Member Rewards​​​†
$ 17.80
67 to 72 months*
6.14% with Member Rewards​​​†
$ 16.64
73 to 78 months*
6.54% with Member Rewards​​​†
$ 15.77
79 to 84 months*
(Max Term for Motorcyles is 84 months.)
6.99% with Member Rewards​​​†
$ 15.09
85-120 months*
7.49% with Member Rewards​​​†
$ 11.86
*Our lowest APR includes a Member Rewards discount of 0.50%.
100% financing is available to qualified borrowers on used motorcycles, boats, motor homes, travel trailers and camper loans. Velocity reserves the right to reduce loan term depending upon value and condition of vehicle/collateral. Maximum age of collateral 10 years.

Yes. You can apply for a loan online with Velocity Credit Union in just minutes. Whether you’re looking for a new car loan, need to refinance a car loan, or want the best credit union auto loan rate, we make it easy.

We offer competitive car loan rates and rapid approvals. Take advantage of auto financing and enjoy generally lower rates than traditional lenders. See our auto loan rates in Austin and get behind the wheel faster.

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Yes. In addition to new car loans, Velocity Credit Union offers recreational loans for motorcycles, boats, trailers, and more. Whether you’re looking to purchase or refinance a car loan, we provide competitive auto loan rates and flexible terms.

As the best credit union for car loans, we make auto financing simple with low auto loan rates in Austin and fast approvals. Check out our credit union car loan rates and apply for a car loan or recreational vehicle loan today!

Yes. Velocity Credit Union makes it easy to refinance a car loan to potentially lower your monthly payments with our credit union auto financing options. Our simple refinance process helps you save with competitive credit union auto loan rates and flexible terms.

How to get started:

  1. Fill out our online application.
  2. Complete the collateral section with your auto details.
  3. Accept the disclosures and review your application to ensure accuracy.
  4. Call us at (512) 469-7060 if you need assistance.

We offer great credit union car loan rates and partner with local auto dealerships to help you secure the best deal. Use our financial calculator to compute your desired payment and explore our auto loan rates in Austin today!

Yes. Velocity Credit Union can help you finance your next vehicle even if you haven’t chosen your next car. Our credit union auto financing makes it easy to secure the best credit union auto loan rates before you shop.

At Velocity, we offer new car loans, as well as financing for a wide range of used automobiles and light trucks. We partner with local auto dealerships to ensure you get the best deal and offer financial calculators to help you determine your optimum auto loan payment to get you the best auto loan rates in Austin.

We provide flexible car loans with great credit union car loan rates. New cars can often be financed with little or no down payment, depending on credit qualifications. We also finance used cars and trucks up to 10 model years old.

Velocity Credit Union partners with trusted local dealers to provide credit union auto financing with competitive credit union auto loan rates. Whether you’re looking for a new car loan, a credit union car loan, or want to refinance a car loan, we make the process simple and convenient.

By financing through our dealership partners, you can secure auto loan rates in Austin that fit your budget. Our credit union car loan rates can offer better terms than many traditional lenders, making us the best credit union for car loans.

Ready to apply? Apply for a car loan today or get a list of our dealership partners here.

At Velocity Credit Union, we offer credit union auto financing on a wide range of new and used automobiles and light trucks. While we partner with local auto dealerships to help you find the best deal, we do not offer private party purchases for titled collateral loans or lease buyout transactions.

Looking for the best credit union for car loans? We provide credit union auto loans with competitive car loan rates and flexible terms. Whether you’re shopping for new car loans, need to refinance a car loan, or want to explore auto loan rates in Austin, we make the financing process easy.

For more details on credit union auto loan rates or dealership financing, call us at (512) 469-7060. We’re here to help you drive away with the best loan for your needs! Need financing for a motorcycle or recreational vehicle? We do that, too!

Your annual percentage rate (APR) for your credit union auto loan will be based on your individual credit rating, which is obtained from a credit reporting agency. Your interest rate, term, and payment will be determined when we process your credit union car loan application.

If you’re concerned about your credit history, check your credit for free at www.annualcreditreport.com. Then, call or stop by a branch to ask to speak with one of our lending experts. We’ll help you explore the best options, whether you’re looking for a new car loan, need to refinance a car loan, or want the best credit union for car loans with competitive rates.

We offer flexible credit union auto financing, competitive credit union car loan rates, and some of the most competitive auto loan rates in Austin. Apply for a car loan today and get the financing you need!

As part of your credit union auto loan obligation with Velocity, you are required to maintain comprehensive and collision insurance until your loan is paid off. This applies to all new car loans, credit union car loans, and refinances.

You may receive a letter from us requesting proof of insurance to ensure compliance with our credit union auto financing terms. Whether you’re applying for a credit union car loan, looking for credit union auto loan rates, or exploring the best credit union for car loans, maintaining the proper insurance coverage is required.

For more details on auto loan rates in Austin, or to apply for a car loan, contact us today!

One of the contractual requirements for your credit union auto loan is that you maintain adequate insurance until your loan is paid off. Whether you have a new car loan, a credit union car loan, or are refinancing car loan, proper coverage ensures your vehicle is protected.

By providing your insurance details at www.myinsuranceinfo.com, adequate coverage can be verified on your credit union car loan. This helps keep your credit union auto financing costs lower and ensures compliance with our credit union car loan rates requirements.

For more details on insurance requirements, auto loan rates in Austin, or how to apply for a car loan, contact us today at 512-469-7060!

You will have received a letter in the mail or an email containing your reference ID. If you do not have your reference ID, click the button for the type of collateral in the “Do NOT have Reference ID” box and enter the required information.

For a Vehicle (including credit union auto loans, new car loans, or a refinance car loan), you will need:

  • Last name(s) on loan
  • Zip code on loan
  • Last 5 digits of your VIN

Once you have located your credit union car loan or credit union auto financing details, you will be required to enter:

  • Insurance Company Name
  • Policy Number
  • Deductible amounts
  • Borrower’s phone number
  • Borrower’s email address
  • Agent’s name, phone number, and email address (if available) to speed up verification

It will only take a few minutes to complete. As long as your credit union car loan has a balance, you must maintain adequate coverage. If you switch insurance companies, ensure that your financial institution is listed as the lienholder to avoid additional action.

It takes about 48 hours to process submissions. You can check back on myinsuranceinfo.com by entering your reference ID to confirm if your insurance status has changed.

For questions about credit union auto loan rates, auto loan rates in Austin, or to apply for a car loan, contact us today at 512-469-7060!

If you do not maintain adequate auto insurance coverage on your credit union car loan, credit union auto loan, or refinance car loan, Collateral Protection Insurance (CPI) will be force-placed on your vehicle. The cost of this insurance will be passed on to you.

For more details on auto loan rates in Austin, insurance requirements, or to apply for a car loan, contact us today.

Once we receive proof of your insurance, the CPI will be cancelled for the time your insurance has been in effect. For more information about your credit union auto loan or credit union auto refinancing please call us at 512-469-7060.

For more details on credit union auto loan rates or dealership financing, call us at 512-469-7060. We’re here to help you drive away with the best loan for your needs! Need financing for a motorcycle or recreational vehicle? We do that, too!

e-Titles are released within 10 business days upon pay off. The Texas Department of Motor Vehicles will remove the lien, convert the title to a paper title and mail it. If the title was not an e-title, the paper title is generally mailed within 10 business days from payoff to the address on file for the member. This applies to all credit union auto loans, including new car loans, refinance car loans, and other credit union auto financing options.

If the loan is paid off with cash or transfer from a Velocity account, only the paper title can be delivered the same day. Arrangements can be made to pick up the title at a branch with prior notice. Contact a lending representative at (512) 469-7080 to make arrangements.

Titles going to dealerships or insurance companies are generally mailed within 4 business days of receiving the payoff.

For more details on credit union car loan rates, auto loan rates in Austin, or to apply for a car loan, contact us today!

If your vehicle has been declared totaled or a total loss by an insurance company and you still have an outstanding balance, follow these steps to ensure your loan is properly processed:

Have the insurance company send the following documents to Velocity Credit Union:

  • A Letter of Guarantee (LOG)
  • A Police Report (if applicable)
  • The Total Loss Settlement Summary
  • The Adjuster’s Inspection Report

These documents can be emailed to [email protected].

If you purchased a refundable product (such as a warranty or tire package), contact the institution where you made the purchase and request a refund.

If you purchased GAP (Guaranteed Asset Protection) coverage, contact Velocity to possibly assist with your GAP claim.  A GAP claim can be submitted after receipt of the insurance settlement check and any applicable refunds for warranties or other products have been processed. Keep in mind that some GAP providers require you as the policyholder to file the claim directly. Even during this process, you must continue making payments on your credit union car loan.

For more information about credit union car loan rates, auto loan rates in Austin, or how to refinance a car loan, contact us today. Looking to apply for a car loan for a new vehicle? We’re here to help!

Credit union auto loan rates and auto loan rates in Austin change frequently. Please visit our rates page and fee schedule for current information.

For more details on credit union auto loan rates or dealership financing, call us at (512) 469-7060. We’re here to help you drive away with the best loan for your needs! Need financing for a motorcycle or recreational vehicle? We do that, too!

The Austin Area Trusted Credit Union Since 1947

The Austin Area’s Trusted Credit Union Since 1947

With neighborhood branches and mobile banking, financial freedom has never been closer.

Looking for free checking, better rates and lower fees? Velocity offers robust, convenient online banking, personal and business accounts, a top-notch credit card, loans for just about anything, secure investment opportunities, and six area branches to serve you in Austin, Round Rock, and Cedar Park.

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Your annual percentage rate (APR) will be based on your individual credit rating score that is obtained from a credit reporting agency. Your interest rate, term, and payment will be determined when we process your loan application. Rates and terms are subject to change without notice.

† Our lowest APR includes a Member Rewards discount of 0.50%.

* 100% financing available to qualified borrowers.

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