Limited-Time Offer!

Save Cash for Gas

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Auto Loan Payments as low as 1.99% APR!
No Payments for 90 days!2

Save cash for gas during MECU's Independence Day Auto Loan Flash Sale! For a limited time, apply online to buy an auto or refinance an auto loan and get a discounted rate.
Rates as low as 1.99% APR when you apply online1
No monthly payments for 90 days2
Flexible repayment terms
New & Used Auto Rates
Repayment Terms Fixed APR1
(as low as)
Monthly Payment2
(per $1,000 borrowed)
10% Down Payment Option– New & Used Only. Includes a 0.25% discount with direct payment and a 0.25% discount with a down payment of at least a 10%.
  With Online Discount Without Online Discount With Online Discount Without Online Discount
12-48 Months 1.99% 2.24% $21.69 $21.80
49-60 Months 2.24% 2.49% $17.63 $17.74
61-72 Months 2.49% 2.74% $14.97 $15.08
73-84 Months 2.99% 3.24% $13.21 $13.32
0% Down Payment Option– New, Used & Refinances. Includes a 0.25% discount with direct payment.
  With Online Discount Without Online Discount With Online Discount Without Online Discount
12-48 Months 2.24% 2.49% $21.80 $21.91
49-60 Months 2.49% 2.74% $17.74 $17.85
61-72 Months 2.74% 2.99% $15.08 $15.19
73-84 Months 3.24% 3.49% $13.32 $13.44

MECU offers GAP Plus coverage!

Inflated auto prices could mean an inflated loan - the exact thing GAP Plus coverage is designed to protect against.
Disclosures
1 APR = Annual Percentage Rate. Our 1.99% APR is current as June 22, 2022, subject to change, and includes rate discounts totaling 0.75% (0.25% “online” application discount, 0.25% automatic-payment discount, and a 0.25% discount with a down payment of at least 10%). Down payment discount is available on purchase loans only. Estimated monthly payment at 1.99% APR for 48 months is $21.69 per each $1,000 borrowed. Your actual rate may be higher based on down payment, collateral, loan amount, term, credit history, and ability to repay. Not all borrowers will qualify for our lowest rate. Other terms and conditions may apply. Subject to credit approval, membership eligibility, and verification of collateral.
 
Limited-time offer: 0.25% “online” application discount is available for auto loan applications submitted online from June 22, 2022, through July 8, 2022, for the purchase of a new or used auto or the refinance of a non-MECU auto loan that funds within 30 days after loan approval.

Offer not available on loans less than $10,000 or existing MECU auto loans. MECU reserves the right to change or rescind this offer at any time.
 
2 Not all applicants will qualify for the 90-day deferred payment. Your first payment will be due 90 days from the date of issue. Interest will accrue on your loan during this time.