Auto Loans and Loan Rates in the Atlanta Area

New car loans. Used car loans. Refinancing. Act NOW with a limited time up to $500 Cash Back* Excel advantage.

Looking to buy a new auto or a used auto? Or, looking to refinance your current car?  We’ve got you! 

Take advantage of the up to $500 Cash Back** limited-time promotion Excel is now offering. Cash Back** is based on 1% of the auto loan amount. (delete last sentence)   No payment for 90 days and amazingly competitive rates plus up to $500 cash back.  What is there not to like? As a member of Excel we’ve got you!

With us there is trust.  Trust that you are not just a number. Trust that we have your best interest at heart.  We can also help you with a preapproval and steps to take to take to get the best deal when you are in the buying market.  Just ask.

It’s not a secret that new vehicle purchasing can be stressful. But it doesn’t have to be. Ease your pockets. Ease your mind. We are only a call or click away.


Flexible terms


Convenient online application


Pre-approvals available

We offer superior auto loan rates for our members. Reach out today to learn how we can help you meet your goals.

There’s nothing worse than crashing a brand-new car. The last thing you want to worry about after an accident is your financial loss. That’s where Guaranteed Asset Protection (GAP) comes in. If your vehicle is deemed a total loss due to an accident or stolen, there can be a significant gap between what you owe on your loan and what your auto insurance will cover. GAP may reduce or even eliminate that shortfall in the event your vehicle is deemed a total loss.

Click here to learn more.

Mileage can add up quickly, but the repair costs don’t have to. EXCEL has partnered with CU Certified Automotive to provide extended warranties as a more affordable option than more costly dealership warranties.

  • Nationwide protection
  • 24/7/365 emergency roadside assistance
  • $0 deductible
  • Rental vehicle assistance
  • Plans for both new and used vehicles

Choose the plan that’s the right size for you:

  • Powertrain covers 500+ parts and is designed to provide protection at a reasonable cost. Covers the engine, transmission, transfer case and drive axle.
  • Standard covers 850+ parts including air conditioner, front suspension, steering, breaks, electrical and seals and gaskets.
  • High-Tech covers 3,000+ parts including additional electrical, ABS brakes, cooling, fuel system, air conditioner, interior/exterior and seals and gaskets.
  • Comprehensive covers 18,000+ parts and is “exclusionary” coverage – meaning it covers all breakdowns except what’s listed in the contract under the exclusions section

A safety net for the unexpected.

While life is wonderful, it can get complicated when unexpected things happen. Protecting your loan balance or payments against death, disability or involuntary unemployment could help protect your finances.

Our Life Plus option adds protection for life events such as accidental dismemberment, terminal illness, hospitalization family medical leave and the loss of life of a non-protected dependent.

Purchasing protection is voluntary and won’t affect your loan approval.

Debt protection chart

Why Choose Excel FCU?

Auto loan borrowers often get confused when trying to determine the best auto loan lender. It is always important to get several quotes from potential lenders before signing a loan. Some borrowers assume dealerships are the best place to finance their car. However, dealerships tend to offer higher interest rates and worse loan terms since they know borrowers are eager to drive off the lot with their new purchase.

While there are many non-dealership lenders that offer auto loans, local credit unions are a particularly great choice for many people. Credit unions like Excel can offer premium loan terms for banking members. This means you should always talk to your bank or financial institution before financing a new car.

Excel Federal Credit Union is proud to offer competitive loan terms to our members. We make the financing process easy with simple online applications and convenient customer service assistance. Reach out today to learn how you can get the best possible car loan financing with Excel Federal Credit Union.

New Car Loans and Used Car Loans

Whether you’re looking for a brand new vehicle or a new-to-you car, Excel Federal Credit Union has competitive car loan rates you’ll love.

Loans Versus Leases

Some borrowers are confused about the difference between auto loans and auto leases. While both financing options allow you to drive a vehicle without paying the full amount upfront, there are some essential differences. Most notably, loans enable borrowers to finance their car purchases. When you take out an auto loan, you make regular payments on that loan, along with interest. At the end of the loan term, you will own your vehicle outright.

A lease, on the other hand, is a temporary arrangement. Leasing a car is similar to renting a home. Regular monthly payments allow you to temporarily drive your vehicle, but at the end of your lease, you must return the car to the dealership. Leases are often utilized by people who enjoy driving brand-new cars. With a lease, you can return your vehicle at the end of the period and lease a brand-new car. This allows some borrowers to drive a new vehicle year after year. The downside, of course, is that leases are temporary contracts and will never result in vehicle ownership outside of lease buyout loans.

Interest rates are determined by many factors, including the loan length, total amount, down payment, and if it is a new or used car. One of the most significant factors is the borrower’s credit score. For borrowers with excellent credit scores, also known as superprime borrowers, the average interest rate is just under 3% for new cars and 4% for pre-owned vehicles. These average auto loan rates increase as credit scores lower. At the far end, deep subprime borrowers with low credit scores have auto loans with an average of just under 13% for new cars and 20.5% for used vehicles.

Making extra payments on top of your minimum monthly automatic payment is a great idea. Extra payment goes towards paying down your principal balance directly. This means you’ll be able to pay off your loan faster, improve your credit report, and pay less interest in the long run.

Refinanced Auto Loans and New Car Loans

Annual Percentage Rate (APR*). Rates and terms are based on Excel FCU underwriting criteria, a $3,000 minimum and are subject to change without notice. Existing Excel FCU loans are ineligible for refinance. The discounted rate as low as 5.24% APR* is based on 5.74% APR* less 0.50% APR* with an Excel checking account in good standing with direct deposit and automatic loan payments. The first payment is due within 90 days of loan disbursement. Interest continues to accrue. This offer is subject to change without notice. Assuming an $18,000 loan amount, at 5.24% APR*, and a 3 year term you would make 36 monthly payments of $541.45. Assuming an $18,000 loan amount, at 5.49% APR*, and a 4 year term you would make 48 monthly payments of $418.57.Assuming an $18,000 loan amount, at 5.74% APR*, and a 5 year term you would make 60 monthly payments of $345.80.

Rates and Terms based on Excel FCU underwriting criteria. Offer subject to change without notice, loans paid off within 60 days will be subject to recoupment. Minimum auto loan amount is $3,000. Existing loans with Excel are not eligible for this promotion.

A qualifying loan for the Refer-A-Friend program must be a minimum of $15,000 to receive the $200 incentive. Terms and conditions apply.

This page highlights the benefits of the mechanical breakdown protection options. Please refer to the service contract for coverages, exclusions, terms, and conditions. Vehicle warranty plans are the products of CU Certified Automotive. EXCEL Federal Credit Union does not administer any portion of the warranty plan. Mechanical Breakdown Protection is administered by a third party provider. Please see our privacy policy for additional information on services offered by third parties. To learn more about MBP plans, contact us.

borrow icon

Apply Online

Found a loan that looks right for you? Let’s get started!