VEHICLE LOANS
If you’re looking for a new or used car, now is the great time to shop! Our low rates mean low monthly payments for you.
- Loans available for new and used cars, sport utility vehicles, and trucks.
- Low interest rates. (And, if you authorize automatic transfer for your loan payment, your rate is .25% lower!)
- On new cars, we finance the entire price of the car plus taxes.
- On used cars, we finance up to the NADA blue book retail value.
- Fixed and adjustable rate loan terms of 24, 36, 48, 60, and 72 months.
- For higher priced cars, you may choose an 84-month loan (minimum $30,000/100% financing available) or a 96-month loan (minimum $45,000/95% financing available)**. Call the Member Service Phone Center (662-8200 or 800-968-8628) or speak to an Account Services representative for monthly payment estimates.
Full insurance coverage is required and proof of insurance must be provided at the time the loan is disbursed. We can also refinance your existing auto loan at another bank or finance company. Click here to learn more how UMCU can help with your auto purchase.
Applying is Easy!
- Apply online
- Visit one of our offices
- Call the Member Service Phone Center (800-968-8628 or 734-662-8200) and ask for an application
- Finance with UMCU at several participating dealers. To discover if your favorite dealer participates in UMCU financing, click here
Related Auto Services
- NADA Vehicle Guides***
- Guaranteed Asset Protection (GAP) - insurance that covers the difference in the balance on a car loan and its declared value, as determined by your primary insurance carrier, in the event that it is damaged beyond repair or stolen and never recovered. Click GAP to learn more.
- Matching Auto Rate Program.
- Dealership discounts
- Purchase your next used car from Enterprise Car Sales. Whether you are looking for a used car, truck, van or SUV, Enterprise has your next vehicle. Click here to learn more about Enterprise Car Sales.***
- Auto Choice loans - our leasing option.
*A.P.R. = Annual Percentage Rate. “As low as rate” indicates the best rate available based on term, credit score, and automatic payment. Rates are subject to change.
** Some credit restrictions may apply.
***Links from our web site are provided for your convenience only. These linked sites are separate from our credit union's web site and UMCU is not responsible for the content or availability of these sites or their privacy policies. In addition, a link from our web site to another does not indicate that UMCU endorses that site's advertisers, services or policies.
Your
savings federally insured to at least $100,000 and backed by the full faith
and credit of the United States Government
We do business in accordance with the Federal Fair Housing Law and the Equal Credit Opportunity Act.