Auto Loans
MEFCU can finance a car or truck for you. We can help you calculate how much you can afford to pay and preapprove your loan before you shop. And with our great rates -- as low as 1.99% APR* -- on new auto loans, we make car buying easy and even more affordable.
Apply Now! Rates May Never Be Lower! Click here to view our low auto rates.
NEW AUTO LOANS
On a new vehicle, you can often save by taking the dealer rebate and financing with a low-rate loan from MEFCU
USED AUTO LOANS
Choose a late-model used car and avoid a new car's steep depreciation in value during its first few years
- Finance up to the NADA retail value of used car
- Convenient terms available
New or Used, a MEFCU auto loan is an outstanding value for you:
- Competitive interest rates on new and used auto loans for cars, trucks, SUVs or vans
- Get preapproved for your loan--it's like shopping with a check in your hand
- Quick turnaround on applications
- Save on interest payments by refinancing your high-rate car loan
- Enjoy convenience of payroll deduction or direct deposit payments
- Credit life and disability insurance available
How to Apply for MEFCU auto loans:
- Complete and submit a loan application online.
- Submit an online application via MEFCU Direct Online Banking. Log onto online banking, select the Loans icon, and then the Apply for Loan icon. Follow the instructions to apply. This method saves you time because you do not have to re-enter your personal information.
- Print a loan application and fax or mail according to instructions provided.
- Call our Member Contact Center at 1-800-821-7280 to request an application be sent to you.
*APR: Annual Percentage Rate. Rate quoted is the lowest available APR; actual rate may vary with applicant's creditworthiness. Rate shown is for an auto loan term of 1-36 months. Higher rates may apply for longer terms. Discounts for Concierge Gold and Silver members. Rates are subject to change without notice. Existing MEFCU auto loans cannot be refinanced. MEFCU membership is required.