Auto Loans

  • Terms up to 84 months
  • Protection plans available to cover you and your vehicle in the event of an accident or total loss
  • No early repayment penalty
  • First Time Auto Buyer program
  • Convenient pre-approval process
  • Discounted Carfax reports available for all members
  • Loan options available for older vehicles
  • Rate benefits available with automatic payments

Dealership Partners

Get great MCCCU rates and financing right at the dealership! When you visit any of our participating partners, tell them you're an MCCCU member and enjoy the ease of making a one-stop auto purchase!

Find a Dealership

FAQ

What determines what auto loan rate I receive?

Your loan rate is determined by several factors, including your credit score and the year of the vehicle you're looking to purchase or refinance. 

What terms do you offer on your auto loans?

We offer terms up to 84 months on our auto loans. 

Does the vehicle I'm looking to finance need to be insured?

Yes, all auto loans must carry full coverage insurance while MCCCU is listed as the lienholder. 

Should I buy or lease a car?

To make this decision, calculate your monthly payments and your total net cost. When you compare these amounts, you can determine which option is right for you. Click here to access our Buy or Lease calculator.

What do I need to purchase a vehicle at a dealership?

To purchase a vehicle at a dealership, you will need a purchase agreement from the dealership, proof of insurance, and (in some instances) proof of income. We've partnered with many local dealerships who can process your MCCCU financing and paperwork without you needing to make a separate trip to the credit union. Just let them know you'd like to finance with us and they will take care of the rest!

What do I need to purchase a vehicle from a private seller?

To purchase a vehicle from a private seller you will need the seller's title, proof of insurance, and (in some instances) proof of income. Keep in mind, you will need to pay taxes and registration on the vehicle. If you are unsure about anything pertaining to this process, ask your Member Relationship Specialist about what your options are!

What do I do if I've received a notice from MCCCU regarding my car insurance?

In order to serve our membership more efficiently, MCCCU is partnered with State National to track our insured collateral. If you have a secured loan with MCCCU, you may receive a notice in the mail requesting additional information including, but not limited to, proof of insurance, or proof of lein. If you have any questions please call 1-800-233-8763 or visit www.myloaninsurance.com today.

Auto Loans
Effective Date: Friday August 17, 2018
NameRates as low asTerms up to
New Auto 3.50% APR* 84 Months
Used Auto 3.50% APR* 84 Months
65th Anniversary Special 3.15% APR* 72 Months
First Time Auto Buyer (with cosigner) 6.00% APR* 60 Months
First Time Auto Buyer (without cosigner) 12.00% APR* 60 Months
Oldie but Goodie (2011 and older) 6.50% APR* Determined by collateral
*APR = Annual Percentage Rate

Go to main navigation