Drive away with more money in your pockets
Buying a car isn’t just about getting the best price, it’s about getting the best financing possible. We work with you to secure the right financing to help you drive away in your dream car, with lower payments and more money for you each month.
Affordable interest rates
In most cases, we can offer you better interest rates than many dealers and other financing options
Guaranteed Auto Protection (GAP)
We're here to help you get the affordable GAP coverage you need
90 days to the first payment
Enjoy no payments for the first 90 days of your loan*
New and Pre-owned Auto Loans
With lower interest rates than most dealer options, we can help you save money on your next new or pre-owned auto purchase. As a member, you may also qualify for Loyalty Rate Discount Options – Get up to .20% in auto loan rate discounts: .10% discount for an automatic loan payment transfer from a Members Choice Credit Union checking account, and .10% for a new credit card. As your loan specialist for more information.
You have the car you want, now get the lower monthly payment you need. Refinancing your auto loan can reduce your monthly payment, leaving you with more money in your pockets each month. Learn more about our "switch and save" auto refinancing options.
SmartChoice: Lease-Like Financing
If you’re interested in leasing your next auto we offer SmartChoice, a lease-like financing plan that lowers your monthly payments as much as 40%. At the end of the loan term, you can trade, sell, refinance or simply return the vehicle. The choice is yours. Click here or call us to see if this program is right for you.
Ready to get your auto loan started?
Our local team of loan officers can work with you to find the best options for your new or pre-owned auto loan.
Apply by Phone
Call us at 281.754.1470 to ask questions or start a loan application by phone.
FAQs about Auto Loans
Can I apply for an auto loan if I haven't found the car I want yet?
How much can I save by refinancing my auto loan?
A lower interest rate can help you save hundreds or even thousands of dollars throughout the life of your loan repayment term. Use our Car Payment Calculator to find out what your payment options would be.
Can I refinance my car with Members Choice?
Yes, Members Choice offers competitive rates and refinance options for new and pre-owned autos. If you currently have your auto loan with MCCU, the fee for refinancing a current MCCU auto loan can be found on our Fee Schedule (PDF).
What are the insurance requirements for an auto loan?
Full coverage insurance is required for all vehicles financed with Members Choice. Maximum $1,000 deductible. Members Choice Credit Union needs to be shown as lien holder on the vehicle.
Is there a pre-payment penalty on auto loans?
Members Choice does not charge a penalty for paying off auto loans before the scheduled payoff date.
Auto Loan Resources
Auto Loan Rates
Check our current competitive rates for auto loans. View Loan Rates
Car Payment Calculator
Find out exactly what you need to get the payment you want. Get Your Payment
Enhanced Loan Calculator
Look at several different scenarios. Run the Numbers
Affordable Guaranteed Auto Protection (GAP)
Pays the difference between any insurance settlement and the amount owed on the loan. Learn More About GAP
Optional Multi-Shield Coverage
Protect your vehicle from minor damage. For more information, call us today at 281.398.9900 / 800.753.2428
*Interest still accrues during this time.
If not currently a Members Choice member, a $5 deposit is needed to establish membership. All memberships are subject to approval including credit approval.