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Get the right start with an auto loan from MIT Federal Credit Union

Your 10-speed Huffy might have passed the test between campus and your apartment, but graduation means a different look for your commute. Say yes to comfort and style; say no to sweating through that new tweed blazer.

While a new ride might make a great first impression with co-workers, the right auto loan will make a better impression on your finances. Support our alumni association and campus activities, and be confident that you’re saving money with rates as low as 2.25% APR.*

Car Picnic on the River
With an auto loan from MIT FCU, you can:

  • Defer your first payment and get a little
    breathing room!**
  • Choose from various terms available
  • Receive fast and easy online preapproval

Auto Dealership
Ready to shop? With your preapproval from
MIT FCU, you’ll have true buying power.

  • Budget accurately
  • Speed up the buying process
  • Get the financing out of the way so you
    can focus on the price!

Celebrating a graduate with a new vehicle is exciting. Financing that vehicle with MIT Federal Credit Union? That’s just smart.

 

Start My Pre-Approval

 

 

*APR = Annual Percentage Rate. Smart Money Rewards membership requires automatic payments from borrower owned MIT FCU checking account that receives at least $100 direct deposit per month. While these conditions are met borrower is qualified for a 0.25% interest rate reduction. Failure to met these conditions may result in the loss of interest rate reduction.

**Deferral of the first monthly payment is available to all borrowers approved for an auto loan on or after 2/1/2021. Deferral is optional at the borrower’s discretion and must be elected prior to loan closing. Interest accrues from the date of closing and the deferred payment will extend the life and cost of the loan due to the increased amortization period. Payment example for a 5.00% Annual Percentage Rate (APR) loan with a deferred payment is 48 monthly payments of $23.13 per $1,000 borrowed. Payment example for a 5.00% Annual Percentage Rate (APR) loan without a deferred payment is 48 monthly payments of $23.03 per $1,000 borrowed. This offer may be discontinued at any time without prior notice.

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