Our Lincoln Lab branch will close at 3:00PM & Tech Square/Student Center will close at 3:30PM on Wednesday, June 28th for a company event. You can still access your account via online or mobile banking.

Auto Loans

MIT Federal Credit Union's Auto Loans get you on the road faster and save you money in the process. We provide smart options for financing a new* or used vehicle with one of the lowest rates available.

  • Secure a low, fixed rate based on your credit score
  • 100% financing may be available
  • Choose from various terms
  • Refinance an auto loan from another institution
  • Convenient electronic payment options available
  • No processing fees, service fees or prepayment penalty - Additional loan details here.

*A new car is defined as a current or previous year's model with 8,000 miles or less.

The Auto Buying Center Provides Solutions

Save time on your vehicle research by starting here.

New Vehicles

  • CUDL AutoSMART enables you to conduct custom searches of new vehicles
  • AutoVantage provides 24-hour roadside assistance nationwide
  • Edmunds delivers upfront pricing on new vehicles without the haggling
  • Car and Driver is a leading automotive industry publication with the latest news and reviews
  • Kelley Blue Book allows you to price new vehicles and research their values

Used Vehicles

  • CUDL AutoSMART allows you to locate nearby dealerships and research used vehicles
  • The National Automobile Dealers Association (NADA) Official Used Car Guide provides reliable pricing and information on all types of vehicles
  • Kelley Blue Book is a trusted resource for researching vehicles' values and accessing reviews and ratings
  • AutoTrader is a comprehensive consumer tool to research and locate vehicles

Auto Insurance

  • Choose from various insurance options through TruStage™ (formerly the Members Auto & Home Insurance Program) and receive a free online quote

An MIT Federal Credit Union Auto Loan includes opportunities for members to save even more money.

*APR = Annual Percentage Rate. Smart Money Rewards membership with automatic payments qualifies you for a 0.25% APR reduction.