Auto Loans
Finance your dream vehicle with one of Members Choice CU’s auto loans. Whether you want to purchase a car, truck, motorcycle, or something else, Members Choice CU is here to finance it all!
With our low auto loan rates, you can take steps toward obtaining your dream vehicle in minutes! Members Choice CU can provide you with an auto loan with flexible terms and excellent rates! Getting an auto loan has never been easier than with Members Choice CU.
- Excellent rates
- Get a 0.25% rate discount when you sign up for Payroll Deduction*
- Flexible terms up to 84 months
- GAP and Extended Warranty coverage are available
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Car Loan Application Process
How does being preapproved help you? When dealers see that you're preapproved, they know you are a serious buyer. They'll be ready to make an excellent deal to get your business, and you can be confident knowing that you have a low-rate financing option with Members Choice CU.
1 Submit an application - First, submit an online loan application to get the loan process started. You can also apply by calling (606) 329-7876 during regular business hours.
2 Get pre-approved - We will process your application and notify you when your pre-approval is completed, usually the same business day.
3 Negotiate the best deal - Be sure to bring your loan pre-approval to the dealer, as this will give you maximum leverage and help you negotiate the best deal.
4 Complete your loan document - Once the deal is finalized, send us the purchase agreement, and we can complete your loan documents online using DocuSign.
5 Finalize your financing - We'll send the funds for free via FedEx next business day shipping.
Estimate Your Auto Loan Affordability
What Do You Get With Our Auto Loans?
At Members Choice CU, we understand everyone’s auto loan needs differ. To make your life easier, our auto loans come with:
Excellent rates
A 0.25% rate discount when you sign up for Payroll Deduction* with us!
Flexible terms up to 84 months
GAP and Extended Warranty coverage
Join Members Choice CU For Your Auto Loan
Thank you for your interest in Members Choice CU! We are a member-owned financial institution that is dedicated to changing lives and serving our community with the best products and services. Along with our auto loans, we offer a variety of loans and services for our members.
Join us at Members Choice CU to become part of our credit union family. Everything we do is for the benefit of our members.
Auto Resources
Guaranteed Asset Protection Coverage
With the longer financing terms and higher costs of vehicles today, a member's loan balance often exceeds the vehicle's retail value. Don't let this be a problem for you. GAP coverage from Members Choice CU covers the amount of your automobile loan that your insurance company does not cover in the event of a total loss to your vehicle. With substantial savings over other providers.*
Extended Warranty
A Route 66 Extended Warranty for Members Choice members covers any make or model vehicles financed through us. No matter where you travel in the United States, your vehicle is protected, and there is NO DEDUCTIBLE on covered parts and labor. There are three different plans available, and all come with 24/7 Emergency Roadside Service, including towing, flat tire, battery, and lock-out service. And, to make it easy, the cost of protection can be added to your monthly loan payment.
Debt Protection
Life is unpredictable. A wide range of unexpected events could leave you and your family scrambling to pay monthly bills. That's why you must take action and safeguard your family against these types of events to help ensure loan payments can be made on time. Debt Protection provides a powerful sense of financial security, knowing your loan will not become a burden to you in times of hardship.
Skip-A-Pay
Would skipping a loan payment make managing your
holiday budget just a little bit easier? For many, even a couple extra hundred dollars can free up
some extra cash. Check out our December Skip-a-Pay program.
Contact a loan officer to sign up for these great auto resources!
*APR=Annual Percentage Rate. Members Choice loan approval, APR, downpayment required, and other terms and conditions based on factors such as LTV (Loan to Value), payment method, creditworthiness, collateral (including the age of vehicle), and the term of the loan. Advertised rates include automatic payment options. Rates are 0.25% higher without an automatic payment option. Refinancing of loans from other lenders is available. Member is responsible for any fees associated with transferring of title. All loans are subject to approval. Rates, terms, and conditions are subject to change. You must be 18 or older to apply. We may not extend credit to you if you do not meet Members Choice CU criteria. Allowable terms vary by loan amount. You must be or become a member of Members Choice CU. Applicant must meet eligibility requirements for Members Choice CU membership.