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/trade school graduates and active military members
  • Apply at one of our branch locations

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GAP insurance now available!  Click here for details.

GAP Disclosure

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

2024 - 1999 Automobiles (100% Financed)
Effective Date: 06/01/2024
TermAPR* as low as
Up to 36 Months 5.99%
48 Months 6.49%
60 Months 6.74%
72 Months 6.99%
84 Months 7.49%

College/Trade School Grad or Active Military Discount - 2023 and 2024 graduates and active military service members can save .25% off MECU's current auto loan rates.

Classic Cars (25 years and older)
As low as 8.00%, up to 48 months (minimum $10,000)

Payment example: $20,000 loan with a 72 month term at 6.99% APR would be $340.88/month.
*Annual Percentage Rate. 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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