Auto Loans and Financing for Military Members and Families

Check out our auto loan rates.

Our loans work with dealerships, private sellers and lease buyouts. Your loan approval is good for 45 days, so you can take time to find the best deal on the car you want.

New Car Loan
As low as

5.09 %Annual Percentage Rate

on a 36-month term^{See note1}
- Available for 2023 or newer models
- Terms from 36 to 84 months^{See note1}
- Rate shown includes 0.25% discount for enrolling in automatic payments^{See note1}
Apply now for a new car loan
Used Car Loan
As low as

6.04 %Annual Percentage Rate

on a 36-month term^{See note1}
- Available for 2017 to 2022 models
- Terms from 36 to 84 months^{See note1}
- Rate shown includes 0.25% discount for enrolling in automatic payments^{See note1}
Apply now for a used car loan
Older Car Loan
As low as

7.54 %Annual Percentage Rate

on a 36-month term^{See note1}
- Available for 2016 and older models
- Terms from 36 to 72 months^{See note1}
- Rate shown includes 0.25% discount for enrolling in automatic payments^{See note1}
Apply now for an older car loan

Car loan rates Check out our lowest annual percentage rates, or Annual Percentage Rates.^{See note1} Our loans work with dealerships, private sellers and lease buyouts. Your loan approval is good for 45 days, so you can take time to find the best deal on the car you want. Scroll table sideways for additional info
Loan Type	36 Months^{See note1}	48 Months^{See note1}	60 Months^{See note1}	72 Months^{See note1}	84 Months^{See note1}
New Car – 2023 or Newer	5.09%	5.24%	5.34%	5.74%	6.84%
Used Car – 2016 to 2022	6.04%	6.19%	6.19%	6.29%	13.69%
Older Car – 2016 or Older	7.54%	7.79%	8.29%	8.94%	Not available

Rates shown apply to dealer purchases and refinances only and include a 0.25% discount for enrolling in automatic payments.

Get started with a low rate auto loan

Need to refinance your auto loan?

Keep your car. Trade in your loan. See if you can lower your payment by refinancing your auto loan.^{See note2}

Refinance your car

Learn about auto refinancing

Auto loan calculator

Estimate a monthly payment based on the type of loan, the car's model year, and the length and amount of the loan.

Calculate a payment for your auto loan

Why choose us for your auto loan?

Our auto loans are meant to be flexible and meet the needs of all our members, including current military and veterans. That's why we help make it easy and don't charge an application fee or a prepayment penalty.

Terms up to 84 months^{See note1}

We offer longer terms, up to seven years, for new and used cars depending on how much you borrow.
Flexible payment options

Pay once a month, twice a month or every two weeks so it works with your payday.
Payment relief after a natural disaster

We have options that may let you put your car payments on hold if you're affected by a natural disaster.
Taking your car overseas

Unlike some lenders, we usually let you take your car along when you deploy, move or travel overseas.^{See note3}
Loans for accessible vehicles

We offer financing for vehicles specially equipped for people with disabilities.

Auto financing made easy

Step 1: Apply online.

Tell us how much you want to borrow, plus details about your income, housing and employer. There's no fee to apply.
Step 2: Set up your loan.

Once you're approved, choose your term and save time by signing documents online or in the mobile app.
Step 3: Use the loan.

We'll help you get the money where it needs to go.

Apply now with an auto loan made easy

Find auto insurance you can count on.^{See note4}

Members who switched to USAA Auto Insurance saved an average of $725 a year.^{See note5}

Learn about auto insurance

Auto loan Frequently Asked Questions

Expand all frequently asked questions

What types of auto loans does USAA Bank offer?

We offer multiple loan types to meet your needs:

Dealer purchase — Buy a new, used or older car from a dealership. You can get approved for an auto loan before you pick out a car.
Private party — Buy a vehicle from another person.
Lease buyout — Buy a vehicle you're currently leasing. To apply, call 1-800-531-USAA(8722).
Refinance — You can refinance a non-USAA loan online. To refinance your USAA loan, you'll need to call 1-800-531-USAA(8722).

What information do I need to apply for an auto loan?

Will my credit get checked when I apply for a car loan?

What are my next steps after being approved?

It depends on what kind of purchase you're making.

Dealer purchase — After you choose a vehicle, log on to usaa.com or the mobile app to set up your loan, e-sign documents and provide the Dealer Funding Request document to the dealer.
Private party — After you choose a vehicle, you'll need to provide the vehicle information, seller's contact information and 10-day payoff amount if there's a lien. If the vehicle isn't currently financed, you'll need to provide a copy of the front and back of the title. To provide this information, call 800-531-0342.
Lease buyout — You'll need to provide the vehicle information, dealer's contact information and 10-day payoff amount. To complete the process, call 800-531-0342.
Refinance — You'll need to provide the vehicle information, financial institution's contact information and 10-day payoff amount. To refinance a USAA Auto Loan, call 800-531-0342.

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What you need to know about car loans

Read article about what you need to know about car loans
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Read article about how much car you can afford
How to buy a car: 8 essential steps

Read article about 8 essential steps to buying a car

Investment and Insurance Products are:

Not Insured by the FDIC or Any Federal Government Agency
Not a Deposit or Other Obligation of, or Guaranteed by, the Bank
Subject to Investment Risks, Including Possible Loss of the Principal Amount Invested

Note 1 Displayed rates are our lowest Annual Percentage Rates (APR), available on 36 month terms, apply to dealer purchases and vehicle refinancing, and include a discount for optional automatic payments (0.25%). Rates and terms subject to change without notice. Rates vary based on approved credit and other factors, such as term, model year, loan amount, and loan purpose. Monthly payments vary based on APR for which borrower is approved, term for which vehicle is financed, and amount borrowed. Financing for 36 to 60 month terms require a financed amount of $5,000 or greater and approved credit. Financing for 72 month terms requires financed amount of $15,000 or greater and approved credit. Financing for 84 month terms is available on new auto loans (model years 2023 to 2025) and used auto loans (model years 2017 to 2022) and requires financed amount of $25,000 or greater and approved credit. Maximum loan amounts apply and are subject to change without notice.

New Car (dealer) Payment Example: A 36 month new auto loan (model years 2023 to 2025) with an annual percentage rate (APR) of 6.40% would have monthly payments of $30.60 per one thousand dollars borrowed.

Used Car (dealer) Payment Example: A 36 month used auto loan (model years 2017 to 2022) with an annual percentage rate (APR) of 8.92% would have monthly payments of $31.76 per one thousand dollars borrowed.

Old Car (dealer) Payment Example: A 36 month used auto loan (model years 2016 and older) with an annual percentage rate (APR) of 9.54% would have monthly payments of $32.05 per one thousand dollars borrowed.

Note 2 Extending your loan term may lower your payments, but it can cost you more in the long run.

Note 3 Restrictions apply. Subject to approval.

Note 4 Obtaining insurance from USAA is optional, and has no effect on any credit applications or terms of credit with USAA Federal Savings Bank, and can be acquired from other sources.

Note 5 Potential average savings based on countrywide survey of new customers who switched to United Services Automobile Association and self-reported savings from July 1, 2021 to June 30, 2023. Individual savings may vary and isn't guaranteed.

If you are currently receiving Servicemembers Civil Relief Act (SCRA) or state servicemember benefits or protections, your refinanced loan may no longer be eligible for benefits or the associated protections.

Use of the term "member" or "membership" refers to membership in USAA Membership Services and does not convey any legal or ownership rights in USAA. Restrictions apply and are subject to change.

USAA Auto Insurance underwritten by United Services Automobile Association (USAA), USAA Casualty Insurance Company, USAA General Indemnity Company, Garrison Property and Casualty Insurance Company, based in San Antonio, Texas; USAA Limited (UK) and USAA S.A. (Europe), and is available only to persons eligible for P&C group membership. Each company has sole financial responsibility for its own products. Coverages subject to the terms and conditions of the policy.

Bank products offered by USAA Federal Savings Bank, Member FDIC. Credit card, mortgage and other lending products not FDIC-insured.

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Auto Loans and Financing

Apply for an auto loan in minutes.

Check out our auto loan rates.

New Car Loan

Used Car Loan

Older Car Loan

Need to refinance your auto loan?

Auto loan calculator

Why choose us for your auto loan?

Terms up to 84 months^{See note1}

Flexible payment options

Payment relief after a natural disaster

Taking your car overseas

Loans for accessible vehicles

Auto financing made easy

Step 1: Apply online.

Step 2: Set up your loan.

Step 3: Use the loan.

Find auto insurance you can count on.^{See note4}

Auto loan Frequently Asked Questions

Related car loan articles

What you need to know about car loans

How much car can I afford?

How to buy a car: 8 essential steps

Let us help you get your new set of wheels.

Auto Loans and Financing

Apply for an auto loan in minutes.

Check out our auto loan rates.

New Car Loan

Used Car Loan

Older Car Loan

Need to refinance your auto loan?

Auto loan calculator

Why choose us for your auto loan?

Terms up to 84 monthsSee note1

Flexible payment options

Payment relief after a natural disaster

Taking your car overseas

Loans for accessible vehicles

Auto financing made easy

Step 1: Apply online.

Step 2: Set up your loan.

Step 3: Use the loan.

Find auto insurance you can count on.See note4

Auto loan FAQ Frequently Asked Questions

Related car loan articles

What you need to know about car loans

How much car can I afford?

How to buy a car: 8 essential steps

Let us help you get your new set of wheels.

Terms up to 84 months^{See note1}

Find auto insurance you can count on.^{See note4}

Auto loan Frequently Asked Questions