car loans rates
Pre-arranged, no-hassle financing with MCU
See what others paid for the car you want
Visit the certified dealership with your guaranteed savings certificate and VIP check and then drive away with your new car
Benefits of the MCU Car Buying Service
Easy Loan Application Process
Convenient VIP Purchase Check Option
MCU’s Car Buying Service is provided by TRUECar. MCU is not responsible for, nor makes any representations or warranties as to, TRUECar’s products and services, its claims or its website content. TRUECar operates its program and information website (which features pricing performance, technical and safety data available for new and used vehicles) totally independent of MCU. Also, each certified dealer sets its own pricing and will confirm actual vehicle availability from in-stock inventory. Finally, please be aware that TRUECar’s website may have privacy and information security policies that are different than those of MCU.
*APR = Annual Percentage Rate. Subject to credit approval. These rates are available to well-qualified borrowers who purchase through the MCU Car Buying Service from a certified TRUECar© dealer. Some applicants will qualify at higher rates as determined by their creditworthiness. For model years 2017-2016 vehicles purchased using the MCU Car Buying Service from a certified TRUECar© dealer, your payments will consist of 60 monthly payments of $17.09 on each $1,000 borrowed at 0.99% APR. For well–qualified applicants purchasing model years 2017-2016 vehicles without using the MCU Car Buying Service, your payments will consist of 60 monthly payments of $17.29 on each $1,000 borrowed at 1.45% APR. These rates are available when payroll deduction or direct deposit is selected as the method of repayment. Annual percentage rates are .50% higher if payroll deduction or direct deposit is not chosen as a method of repayment. Annual percentage will increase by .50% after consummation if automatic payroll deduction or direct deposit is cancelled. Competitive rates available for older models and refinances. Offer valid from 11/13/2017- 12/31/2017. Some restrictions may apply. Rates and terms are subject to change without notice. Late payment fee: $25.00. Automobile financing is only available to MCU members residing in NY, NJ, CT or PA. Membership is required.
**$3,106 Average savings represents the average amount of savings off of MSRP presented to users by Certified Dealers based on user-configured new vehicles as calculated by TRUECar. Your actual savings may vary based on multiple factors including the vehicle you select, region, dealer, and applicable manufacturer incentives. The Manufacturer’s Suggested Retail Price (“MSRP”) is determined by the manufacturer, and may not reflect the price at which vehicles are generally sold in the dealer’s trade area as not all vehicles are sold at MSRP. Each dealer sets its own pricing. Your actual purchase price is negotiated between you and the dealer.
Enterprise Car Sales
MCU partners with Enterprise Car Sales to offer members great deals on their next vehicle purchase. Members can purchase a used car from Enterprise and finance it through MCU.
All Enterprise Used Car Sales vehicles come with the following:
- Haggle Free Buying
- 12-Month/12,000 mile limited Powertrain warranty 1
- Vehicle Inspection
- 12 –Month Roadside Assistance 2
- Free CARFAX ® Report
- 7-Day Repurchase Agreement 3
Search the Enterprise Used Car Sales Inventory.
MCU Auto Loans:
- Up to 125% financing available
- Low interest rates
- Flexible terms
- MCU is not responsible for, nor makes any representations or warranties, as to the vehicles offered for sale by Enterprise, its claims, or its website content. Enterprise operates its business, including information offered on its website (which features pricing information) totally independent of MCU. Finally, please be aware that Enterprise’s website may have privacy and information security policies that are different from those of MCU.
- 1 Restrictions apply. For details see an Enterprise Car Sales Manager.
- 2 Enterprise 12-Month Unlimited Mileage Roadside Assistance Program is provided by the American Automobile Association (AAA) and its affiliated clubs in the United States and Canada.
- 3 Restrictions apply. For details see an Enterprise Car Sales Manager.
Looking to buy out your auto lease? The low rates and flexible terms of an MCU Auto Loan can help you keep your monthly payments low and affordable. To continue to drive the car you love for years to come, call 1-888-4MCU-AUTO, option 1, to get the process started.
Pay off your current auto loan with a new auto loan from MCU
Features & Benefits
- Loan must be refinanced from another financial institution
- Vehicle must have less than 100,000 miles
- You must be the registered owner and the existing loan must be in your name
- Vehicle cannot be registered as a taxi or used as a taxi, Uber, Lyft, etc.
- No application fee
- No prepayment penalty
Please have the following ready when you apply online:
- Registration to verify the VIN
- Insurance card
- 10 day payoff letter from your current finance company (the payoff is your loan amount)
- NY State Title to verify the title number (NY State only)
TruStage™ Auto & Home Insurance Program
Get your free quote today or call 1-855-483-2149.
Exclusively for credit union members like you, the TruStage Auto & Home Insurance Program provides affordable top-quality protection. You could enjoy discounted rates combined with online convenience and 24/7 claims service.MAH-1112-7C9E
TruStage™ Auto and Home Insurance program is offered by TruStage Insurance Agency, LLC and issued by leading insurance companies. Discounts are not available in all states and discounts vary by state. The insurance offered is not a deposit and is not federally insured. This coverage is not sold or guaranteed by your credit union.
Guaranteed Asset Protection (GAP) Insurance
GAP insurance is a way to protect your auto loan. Many times when a car is declared a “total loss” after being stolen or totaled in an accident or natural disaster, you may owe more than your car is worth. GAP insurance helps cancel the difference between the primary insurance settlement and what you might still owe on the loan.
How Does Gap Insurance Work?
- It is available to MCU members for a small fee of $85.
- The fee can be included with your monthly payments or made separately through a single payment.
- If there is a difference between what you owe on your loan and the value of your vehicle, GAP will help pay the difference based on the terms of your member agreement.
- It can be purchased for an existing auto loan.
- You can cancel GAP within 90 days for a full refund.
- Any payments on your vehicle loan that are past due at the time of loss, as well as the member’s deductible amount on the loan, are not covered.
Call 1-800-LOAN-MCU or visit your local branch to find out more about adding GAP to your auto loan today.
Guaranteed Asset Protection (GAP) insurance is offered through Member’s Choice™