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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.

GAP Disclosure

MECU also finances motorcycles, boats, RVs, personal watercraft and snowmobiles.

2020 - 1995 Automobiles (100% Financed)
Effective Date: 11/01/2019
Year FromYear ToTermAPR* as low as
2020 2016 Up to 60 Months 2.99%
2020 2016 72 Months** 3.24%
2020 2016 84 Months** 3.74%
2015 2013 Up to 60 Months 3.49%
2012 1995 Up to 48 Months 5.49%

** 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.

Classic Cars (25 years and older)
As low as 7.50% - 36 months 7.50% - 48 months (minimum $10,000)

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.

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Michigan Educational Credit Union,
9200 Haggerty Road Plymouth, MI 48170
Dedicated to serving the financial needs of our community since 1942.
National Credit Union Administration
This Credit Union is federally-insured by the National Credit Union Administration
We do business in accordance with the Fair Housing Law
Equal Housing Lender