Auto Loan Rates

Auto Loans

Effective Date: 1/01/2020

rates                                                                                                         

 

 Auto Loan Rates Based on Your Credit Score

Rates are based on creditworthiness and there is a minimum credit score to qualify. Find your credit score and the associated rate.

(DNQ = Does not qualify)

 

New Autos

Credit Score/Term up to:

Up to 60 mos.
APR%*

760

2.49

700-759

2.74

650-699

2.99

635-649

7.29

620-634

8.29

540-619

10.99

500-539

12.99

Under 500

DNQ

                                Used Autos

   
 

2019 
and Newer

2019 
and Newer

2017- 2018 

2015- 2016 

2014
 and Older

Credit Score/Term up to:

6-60 mos. APR%*

61-72 mos.
APR %*

6-60 mos.
APR%*

6-48 mos.
APR%*

36 mos. APR%*

760

2.74

3.24

2.74

2.74

3.99

700-759

2.99

3.49

2.99

4.24

4.24

650-699

3.24

3.74

3.24

3.29

4.49

635-649

7.54

8.04

7.54

7.54

8.79

620-634

8.54

9.04

8.54

8.54

9.54

540-619

11.24

11.74

11.24

11.24

12.49

500-539

13.24

13.74

13.24

13.24

14.49

Under 500

DNQ

DNQ

DNQ

 DNQ

DNQ

 

Apply for a loan online

*APR: Annual Percentage Rate. 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. Limitations on terms apply for used auto loans based on model year. Used Auto Loans - Flexible terms available; auto loan amount up to NADA retail value. Longer terms available at higher APRs.

 
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