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New or Pre-Owned Auto Loans

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.
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Affordable interest rates

In most cases, we can offer you better interest rates than many dealers and other financing options
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Guaranteed Auto Protection (GAP)

We're here to help you get the affordable GAP coverage you need
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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.

Auto Refinancing

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.
 

See the savings for yourself

If you’re a member, you already have access to SavvyMoney — a free, personalized tool in your online banking portal. SavvyMoney is a way to find savings opportunities on existing and new loans based on your credit score. Login, click on the SavvyMoney link, get your current credit score, then go to “New Auto Loans” or “Refinance Auto Loans” under the Auto Loans tab.
 

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 Online

Apply by Phone

Call us at 281.754.1470 to ask questions or start a loan application by phone.

Apply in a Branch

To apply in branch, schedule an appointment by calling your preferred branch location.

FAQs about Auto Loans

You can apply for an auto loan and receive a pre-approval if you are still in the process of looking for your new vehicle. You can start the auto loan application process online, or visit one of our branches to talk to a loan officer in person.

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.

If you're a current member, you have access to SavvyMoney, a free service to help compare auto loan rates and more so you can find the best saving opportunities on your new and existing auto loan. Log in and click on the SavvyMoney link to get your current credit score, then go to “Refinance Auto Loans” under the Auto Loans tab. 

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).
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.
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

Disclosures

*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.