Auto Loans - Apply Online
Get In The Driver's Seat
Michigan Educational Credit Union offers some of the best new and used auto loan rates available anywhere. You can even get pre-approved for your loan before you shop. That way you'll know how much you can afford, putting you in a better position to negotiate at the dealership.
Our auto loans feature:
- Low, fixed rates
- Terms up to 84 months
- 100% financing available
- No application fees
- Ask about our special discount for recent college graduates
- Apply at one of our branch locations or click here to apply online
GAP insurance now available! Click here for details.
MECU also finances motorcycles, boats, RVs, personal watercraft and snowmobiles.
|2020 - 1994 Automobiles (100% Financed)|
|Effective Date: 07/01/2019|
|Year From||Year To||Term||APR* as low as|
|2020||2015||Up to 60 Months||3.24%|
|2014||2012||Up to 60 Months||3.74%|
|2011||1994||Up to 48 Months||5.99%|
** Minimum $25,000.00 for 84 month term, Minimum $10,000 for 72 month term
College Grad Discount - 2018 and 2019 graduates can save .25% off MECU's current 2019s/2018s auto loan rates.
Payment example: $20,000 loan with a 72 month term at 3.74% APR would be $311/month.
*Rates includes a .25% discount for direct deposit and may vary based on credit history. Please call the Credit Union for the most current rates and more details. Rates are subject to change at any time without notice.