Auto Loans

At Telco, we are committed to helping our members purchase a vehicle with a term that best fits your budget. Telco offers competitive rates on New Auto Loans as long as 84 months, and Used Auto Loans as long as 72 months. Telco offers terms that allow you to feel confident with your purchase or refinance while finding a payment that fits your monthly budget.

Found your dream car? We are partnered with many dealerships throughout our service area which allows you to finance with Telco right at the dealership! Just ask for Telco financing. If you're still looking for the right car, check out our auto resource center.

You may apply for an auto loan in person, over the phone at 828-252-6458, or by accessing the online Loan Application.

No Payments for 90 Days

If you’re shopping for a new or used car, make Telco Community Credit Union your first stop. With great rates and flexible payment options, you get less nickel and diming and more savings. Telco helps simplify the loan process so you can get into your new car stress-free.

Whether online or on the lot, ask for Telco financing, and for a limited time, make zero payments for 90 days*.

*Qualifications, standard loan approval and interest apply. Mortgage loans and Credit Cards excluded. APR= Annual Percentage Rate. Loan rates are subject to change.

Bring over your loan

Bring your existing car/truck/motorcycle/RV loan over to Telco and you could get up to a 2% lower rate*

Telco helps people every day with great vehicle lending rates and terms. We offer loans for new and used cars and trucks with terms as long as 84 months. We also offer loans on motorcycles and recreational vehicles. So, keep your car and trade your loan. Just bring your existing Car, Truck, Motorcycle, or RV loan over to Telco and you could get up to a 2% lower rate*

*Rates as low as 5.24%. Certain restrictions apply.

Guaranteed Asset Protection (GAP)

Guaranteed Asset Protection (GAP) helps protect our members against financial loss if a GAP-protected vehicle is stolen or declared a total loss, easing the financial burden by reducing or eliminating the difference between members’ primary insurance settlement and their vehicle loan balance on items directly related to the purchase of the vehicle. Interested in learning more? Call 828-252-6458 to speak with a Telco representative.

Mechanical Repair Coverage (MRC)

Drive with confidence, knowing you have Mechanical Repair Coverage.

With MRC you can enjoy many valuable benefits among which are:

Rental reimbursement: up to $35 per day (5-day maximum, 10-day maximum for parts delay); available on the first day of a covered repair.
24-hour emergency roadside assistance: up to $100 per occurrence; includes towing, battery jumpstart, fluid delivery, flat tire assistance and lock-out service.
No out-of-pocket expense (except for any deductible): the administrator pays the repair facility directly for the covered repair.

Protect yourself from unexpected costly repairs when getting your auto loan – Talk to a Telco associate to find out what Mechanical Repair Coverage plan is right for you.

Mechanical Repair Coverage is provided and administered by Consumer Program Administrators, Inc. in all states except CA, where coverage is offered as insurance by Virginia Surety Company, Inc., in NH, where coverage is provided and administered by Consumer Program Administrators, Inc. dba Consumer Warranty Program Administrators, in TX, where coverage is provided and administered by Consumer Program Administrators, Inc. dba The Administrators of Consumer Programs (TX License #175), in FL and OK, where coverage is provided and administered by Automotive Warranty Services of Florida, Inc. (Florida License #60023 and Oklahoma License #44198051), and in WA, where coverage is provided by National Product Care Company and administered by Consumer Program Administrators, Inc., all located at 175 West Jackson Blvd., Chicago, Illinois 60604, 1-800-752-6265. This coverage is made available to you by CUNA Mutual Insurance Agency, Inc.

Coverage varies by state. Replacement parts may be new, used, non-OEM or remanufactured. Be sure to read the Vehicle Service Contract or the Insurance Policy, which will explain the exact terms, conditions, and exclusions of this voluntary product.

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