. Go to main content RATES LOCATIONS/HOURS HELP Banking Credit Cards Borrow Business Advice Why Tropical Manage My Loan LET US HELP YOU EXPLORE CREDIT UNION AUTO LOANS LIKE YOU WOULD AN OPEN ROAD Can't wait to hop into your next car? Apply Now. Apply in Less than 10 Minutes .... WHAT TYPE OF FLORIDA AUTO LOAN ARE YOU LOOKING FOR? Finding the perfect auto loan in Florida has never been easier. With some of the best auto loan rates around and an easy application, getting into a new car is quicker than finding your next road trip radio station.Before putting the keys in the ignition compare new and used auto loan rates, estimate your costs with our car loan calculator, and get pre-approved so that you can shop with confidence. We're here to help every step of your car buying journey. NEW AUTO LOAN I’m shopping for a new car in Florida, and want to get more information on new car loan rates. LEARN MORE USED AUTO LOAN I’m shopping for a used car in Florida, and want to get more information on used car finance rates. LEARN MORE AUTO REFINANCE I’d like to lower my monthly payments and save money by refinancing my car loan. LEARN MORE BEFORE YOU START YOUR APPLICATION Estimate Your Payments and Compare Auto Loan Rates Get an idea of what your month to month payments will be like with TFCU’s auto loan calculator. Compare rates and see how different rates will either change your monthly payments or save you more money overall. RUN THE NUMBERS HOW DOES THE AUTO FINANCING PROCESS WORK? Financing your auto loan with a credit union is a quick process. To make sure you’re on the right road, we’ve mapped out some helpful steps to get you started: Submit an Auto Loan Application Start by submitting your online auto loan application. You can also apply for your auto loan by stopping in one of our branches. Get Pre-approved for Your Auto Loan Getting preapproved can save you tons of time when it comes to finding your new car. It helps you know how much you can finance and what types of vehicles you can choose from. Connect with Auto Advisors Getting pre-approved can save you tons of time when it comes to finding your new car. It helps you know how much you can finance and what types of vehicles you can choose from. Get details here. Complete Your Loan Documents Take advantage of this free concierge car buying service that will not only save you time but money too. Finalize Your Auto Loan Once you’ve tied up any loose ends, we’ll send over the funds so you can get into your new ride. TELL ME MORE ABOUT AUTO FINANCING AT TFCU When you finance an auto loan at TFCU you don’t just get any auto loan, you get an auto loan that comes with unbeatable features. Competitive low-interest rates on new and used vehicles 90 days no payment on auto loans* Auto loan calculator to estimate costs up front Same day approval on most auto loans Ability to work with free, member-exclusive car buying service. No prepayment penalties. Reduce interest by paying early. Refinance your auto loan and save with low-interest rates AUTO RESOURCES DESIGNED JUST FOR YOU Want to get more information about auto loans and the car buying process? Check out these free car buying resources written by our auto experts. Buy new, used or lease a car in Miami? 3 steps to making a decision by Nicole Bacomo If you are in the market to buy a car in Miami or Fort Lauderdale, chances are you are coming across a few roadblocks, literally. Buying a car is a considerable investment. You need to do your...Read more Avoid These 3 Mistakes When Getting A New Auto Loan In Florida by Kara Yaquinta Yes, even during a pandemic people are buying new cars. Auto loans end, accidents happen, and leases come due. There are still people needing to get to work, run to the grocery store, and let’s not...Read more Everything You Need to Know Before Buying Pre-Owned in Florida by Kara Yaquinta When getting ready to buy a car it’s not uncommon for people to explore both new and pre-owned options. Especially now, according to a recent CarandDriver article used car sales are making a comeback...Read more Frequently Asked Questions Why should I get a credit union car loan? Tropical Financial offers four different types of vehicle loans which include new, used, recreational and refinancing. There’s many benefits to a credit union car loan versus one from another financial institution. Credit Unions tend to offer lower rates and terms, personalized service, preapproved financing to streamline the car buying experience as well as perks and promotions for members. What should I know about car loans from a credit union in Florida? Many people decide to apply for an auto loan at the dealership and are unaware of the details for their loan. There’s many important pieces that consumers should be aware of, yet are not always notified. How long are car loans usually for? Our auto loan terms differ between new and used. New auto loans have the option of 36, 60, 72 or 84 months. Whereas, our used auto loan terms are generally for 36, 60 or 72 months. How much will I pay overall on my car loan from a credit union? This depends on your specific situation. However, the important thing to know about stretching out the term is that you’ll pay less monthly, but end up paying more over time due to interest, whereas with shorter terms you’ll pay a higher monthly payment and less over time. What’s the interest rate on an auto loan from Tropical Financial Credit Union? Our rates vary depending on the term you choose and also varies depending on credit score. We recommend working with one of our representatives to find your specific rate and payment based on your specific details. Applying for a car loan from a credit union in Florida is an easy process. You can either apply online or call in to speak with a representative. We provide resources to members and non-members, so they can decide if applying with us, is the right choice for them. We recommend browsing our different types of auto loans as they allow you to compare car loan rates, calculate/estimate future payments and apply for a pre-approval. For more tips and tricks be sure to check out our auto blog here. Disclosures All loans subject to approval based on creditworthiness, qualifications and collateral conditions. TFCU membership required with $5.00 minimum in savings. Member must reside in a state within TFCU lending area. Other restrictions may apply. Rates and Offers are subject to change without notice. Current TFCU accounts must be in good standing, not have any type of restrictions, and TFCU loans paid-to-date. Automobile: New automobiles include autos current year and previous year. Used Auto includes previously titled vehicles 8 years old or newer. Up to 100% financing not to exceed the lesser of MSRP or the final purchase price plus tax and Vehicle Service Agreement on new vehicles or the NADA retail value plus/minus options and mileage on used vehicles. Older Used Auto includes vehicles 9 years and older and must reflect a NADA value. *Interest will continue to accrue during the 90-day deferral period on the full amount borrowed beginning on the loan issue date. THIS CREDIT UNION IS FEDERALLY-INSURED BY THE NATIONAL CREDIT UNION ADMINISTRATION. NMLS ID 407683. DISCLOSURES | SECURITY | CONSUMER FEE SCHEDULE | BUSINESS FEE SCHEDULE | ACCESSIBILITY STATEMENT | PRIVACY NOTICE | ABA ROUTING # 267077847 | P.O. BOX 829517, PEMBROKE PINES, FL 33082-9917 | 888-261-8328 THIRD PARTY LINK DISCLAIMER - LINKED WEBSITES ARE NOT UNDER THE CONTROL OF TROPICAL FINANCIAL CREDIT UNION AND WE ARE NOT RESPONSIBLE FOR THE CONTENTS OF ANY LINKED SITE OR ANY LINK CONTAINED WITHIN A LINKED SITE. THE PRIVACY OR SECURITY POLICIES AT A LINKED SITE MAY BE DIFFERENT FROM THOSE PRACTICED AT TROPICAL FINANCIAL CREDIT UNION AND YOU SHOULD REVIEW THE PRIVACY POLICY OF ANY LINKED SITE. COPYRIGHT 2020 TROPICAL FINANCIAL. ALL RIGHTS RESERVED.