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We can put you behind the wheel of your next car!

An auto loan from MIT FCU saves you money with great rates, and provides the confidence needed to get the deal you want. You'll know your rate and term ahead of time, and can negotiate with all the facts in mind. Apply online and you’ll have a response in minutes (same day funding is available for certain loans). We'll put you in charge when it comes to financing a new* or used vehicle.

  • Low, fixed rate/term based on your credit score
  • 100% financing may be available
  • No service fees or prepayment penalty

Auto Loans
Effective Date: Saturday, February 27th, 2021
TermAPR*Smart Money Rewards**Payment/$1000
New & Used Auto
Up to 5 Years 2.50% 2.25% $17.67
New Auto
61-84 Months 3.00% 2.75% $13.10
Used Auto
61-72 Months 3.00% 2.75% $15.09

Auto Buying Center - The Answers to All Your Car-Buying Questions

  • CUDL AutoSMART - Custom search for vehicles from existing stock at nearby dealerships
     
  • Kelley Blue Book - Price vehicles to buy, and research your car's trade-in value as well as accessing reviews and ratings

New Vehicle Resources

  • AutoVantage - provides 24-hour roadside assistance nationwide. Insurance to help when you find yourself with car trouble somewhere far from home!
     
  • Edmunds - upfront pricing on new and new to you cars, and trucks
     
  • Car and Driver - the latest news and reviews from a leading automotive industry resource

Used Vehicle Resources


Additional Benefits

  • Smart Money Rewards when you set up automatic loan payments from your MIT FCU checking and receive APR discounts**
     
  • Great prices on insurance options through our partner, TruStage®.Receive a free online quote and see.
     
  • GAP Protection available from our partner, MEMBER'S CHOICE®
    Guaranteed Asset Protection (GAP) Coverage pays the difference between your insurance settlement and your auto loan's outstanding balance if your car is stolen or totaled in an accident.

*A new car is defined as a current or previous year's model with 8,000 miles or less.
**APR = Annual Percentage Rate. Smart Money Rewards membership with automatic payments qualifies you for a 0.25% APR reduction.

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