Auto Loans

In the market for a new or used vehicle? Or are you looking to lower your monthly payment on an existing auto loan? We've got just what you're looking for!

  • Local servicing
  • Terms up to 84 months
  • Protection plans¬†available to cover you and your vehicle¬†in the event of an accident or total¬†loss
  • No early repayment penalty
  • First Time Auto Buyer program
  • Convenient pre-approval process
  • Discounted Carfax¬†reports available for all members
  • Loan options available for older vehicles
  • Easy loan refinance process

Auto Loan Payment Calculator

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Dealership Partners

Get great MCCU rates and financing right at the dealership! When you visit any of our participating partners, tell them you're an MCCU member and enjoy the ease of a one-stop auto purchase.

Find a Dealership


Featured Dealership Partner | Brondes Ford Toledo

car dealership

 

Brondes Ford Toledo

Brondes Ford Toledo is one of the area's leading Brondes Ford Toledo dealerships, and we have been serving the Toledo, Ohio, and Detroit, Michigan, metro areas since the day we opened our doors for business. At Brondes Ford Toledo, you're not just going to find another car dealership. We also specialize in providing the area with quality auto parts and one of the best service departments around.

Why Shop Here?

There's so much to love about Brondes Ford Toledo, it's difficult to know where to start. To begin with, we offer one of the best vehicle purchasing experiences in the area, with transparent pricing and a knowledgeable sales staff. Beyond that, we specialize in offering the largest stock of available genuine Brondes Ford Toledo and Motorcraft parts in the area. In fact, we offer original quality replacement parts and a nationwide parts location service with a commitment to providing you with the best price available.

Dealership Awards

We believe a dealership's awards say a lot about them and we've got plenty to be proud of, including:

  • Seven-time winner of the Brondes Ford Toledo President's Award
  • Brondes Ford Toledo Medallion Elite Club Membership
  • Top Workplaces for 2018
  • 15-time winner of the Brondes Ford Toledo Medallion Manager Award

All those awards equate to an unparalleled customer service experience and some of the best pricing around.

Community Involvement

At Brondes Ford Toledo, we understand that our success wouldn't be possible without the support of the local community so we're always looking for ways to give back as our way of saying thanks for all you've done for us. That's why we make regular contributions to local charities and organizations like:

  • Toledo's Pet Bull Project
  • Muzak of Toledo
  • Washington Local Schools
  • Toledo Automobile Dealers
  • Wheelin' Sportsmen
  • The American Legion Riders

This is just a small portion of the organizations we work with on a regular basis, but rest assured when you buy from us, a portion of your purchase will be used to benefit the local community in multiple ways.

 

FAQ

What determines the auto loan rate I receive?

Your loan rate is determined by several factors, including your credit score and the year of the vehicle you're looking to purchase or refinance. 

What terms do you offer on your auto loans?

Term is determined by collateral, but we offer terms up to 84 months on our auto loans. 

Does the vehicle I'm looking to finance need to be insured?

Yes, all auto loans must carry full coverage insurance while MCCU is listed as the lienholder. 

How can I pay on my loan at Monroe Community Credit Union?

We like to make it as convenient as possible for our members to make their loan payments! You can pay through our online banking platform, our mobile app, over the phone, or in-person at any of our locations. You can also make your payment with funds from another financial institution by clicking here--please note, depending on how you choose to utilize this option, a nominal fee may be assessed.

Should I buy or lease a car?

To make this decision, you should calculate your monthly payments and your total net cost for both options. When you compare these amounts, you can determine which option is right for you. Visit our Financial Resource Center to access our Buy or Lease calculator.

What do I need to purchase a vehicle from a dealership?

To purchase a vehicle from a dealership, you will need a purchase agreement from the dealership, proof of insurance, and (in some instances) proof of income. To help make this process easier for our membership, we've partnered with many local dealerships who can process your MCCU financing and paperwork without you needing to make a separate trip to the credit union. Just let them know you'd like to finance with us and they will take care of the rest!

What do I need to purchase a vehicle from a private seller?

To purchase a vehicle from a private seller you will need the seller's title, proof of insurance, and (in some instances) proof of income. Keep in mind, you will need to pay taxes and registration on the vehicle. If you are unsure about anything pertaining to this process, ask your Member Relationship Specialist about what your options are!

What auto loan protection products do you offer?

We offer Guaranteed Auto Protection (GAP) Insurance, which offers total vehicle loss protection and more! Typically, the credit union offers this insurance to our members at a much lower rate than what you will be able to get at a dealership. Included in our GAP policy is Auto Deductible Reimbursement (ADR), which will pay up to $500 for an insurance deductible over the life of the loan. We also offer Debt Protection Insurance, which is designed to help you make your payments, or pay off a loan, in the event of involuntary unemployment,disability, or death. If you'd like to learn more about these products, give one of our loan officers a call!

Do you offer mechanical repair coverage?

Yes! MCCU is glad to be able to offer our members coverage through ForeverCar. Through this partnership you can not only can you save money on unexpected covered repairs, but also receive benefits like rental car reimbursement, 24-hour roadside assistance, and travel expense reimbursement. 

What do I do if I've received a notice from MCCU regarding my car insurance?

In order to serve our membership more efficiently, MCCU partners with State National to track our insured collateral. If you have a secured loan with MCCU, you may receive a notice in the mail requesting additional information including, but not limited to, proof of insurance, or proof of lein. If you have any questions please call 1-800-233-8763 or visit www.myloaninsurance.com today.

Auto Loans
Effective Date: Saturday April 13, 2024
NameRates as low asTerms up to
Community Advantage (2022 and newer) 5.99% APR** 72 Months
New Auto (2022 and newer) 6.74% APR* 84 Months
Used Auto (2018 - 2021) 6.99% APR* 72 Months
Oldie but Goodie (2017 and older) 7.99% APR* 60 Months
*APR = Annual Percentage Rate. Rates listed above are estimates, and may vary by term selected.
*APR = Annual Percentage Rate. Rate effective April 1, 2024. All Credit Union loan programs, rates, terms, and conditions are subject to change at any time without notice. The actual loan rate and terms available may vary depending on each individual’s credit history and underwriting criteria. All loans are subject to credit approval. The monthly payment for a $25,000 loan financed for 72 months at 5.99% APR would be $414.30. APR example based on lowest loan rate available for vehicles 2022 and newer. No early repayment penalty. Monroe Community Credit Union is an equal opportunity lender and is federally insured by the NCUA

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