Auto Loans
Simple. Fast. Convenient.
Whether you're in the market for a new or used car, truck, or van, Minnesota Valley Federal Credit Union can help you get behind the wheel with ease. We offer flexible terms and competitive rates with little to no down payment required. Enjoy a variety of repayment options designed to fit your needs. Most importantly, we can pre-approve your loan and have the funds available the same day. Apply today.
Why Get Pre-Approved?
No matter what kind of vehicle you're purchasing, getting pre-approved can make your buying experience smoother and more stress-free. We can pre-approve your loan and find a monthly payment that fits your budget. The best way to start is to Apply today
Bridge the GAP
Protect your loan with GAP Plus from MVFCU. GAP (Guaranteed Asset Protection) covers any deficiency balance if your vehicle is damaged and declared a total loss. Plus, GAP Plus from MVFCU provides $1,000 towards the purchase of your next vehicle. This valuable protection is available for just $395. See a Loan Officer for details.
| AUTO LOANS | |||
|---|---|---|---|
| New Vehicles (Titled in the last 6 months) | |||
| Term | Payment Example Amount | APR* | Payment |
| 36 months | $8,500 | as low as 4.49% | $252.81 |
| 48 months | $10,000 | as low as 4.74% | $229.12 |
| 60 months | $15,000 | as low as 4.99% | $284.72 |
| 72 months | $20,000 | as low as 5.24% | $324.33 |
| 84 months | $25,000 | as low as 5.49% | $359.13 |
| 96 months | 30,000 | as low as 5.99% | $394.10 |
| Used Vehicles 2019 to 2023 | |||
| Term | Payment Example Amount | APR | Payment |
| 36 months | $8,500 | as low as 4.74% | $253.76 |
| 48 months | $10,000 | as low as 4.99% | $230.25 |
| 60 months | $15,000 | as low as 5.24% | $284.72 |
| 72 months | $20,000 | as low as 5.49% | $326.66 |
| Used Vehicles 2014 to 2018 | |||
| Term | Payment Example Amount | APR | Payment |
| 36 months | $8,500 | as low as 5.24% | $255.67 |
| 48 months | $10,000 | as low as 5.49% | $232.52 |
| 60 months | $15,000 | as low as 5.74% | $288.18 |
| 72 months | $20,000 | as low as 5.99% | $331.36 |
| Used Vehicles 10 Years & Older | |||
| 36 months | $8,500 | as low as 6.24% | $259.45 |
| 48 months | $8,500 | as low as 6.49% | $201.54 |
| 60 months | $10,000 | as low as 6.74% | $196.79 |
| Auto Loan Rate Disclosures * APR = Annual Percentage Rate. Your actual rate may be different depending on your payment and credit history and Vehicle Loan-to-Value. Some restrictions may apply. Rates are subject to change without notice at any time. New or existing Minnesota Valley FCU membership is required. Rates are subject to change based on market conditions. Actual rate is based on factors, including applicant's credit history, term, mileage and Loan-to-Value (LTV). All loans are subject to credit approval. Minnesota Valley Federal Credit Union finances up to 125% of MSRP (new vehicles) or the J.D. Power NADA Retail Value (used vehicles). The maximum interest rate for this loan type is 18% APR. New Auto must be model years 2024 or newer. For model years 10 years old or older, please contact us for more information. Not all applicants will qualify for the lowest rate. Other rates and terms available. Subject to credit review. Some restrictions may apply. New or existing Minnesota Valley FCU membership is required. Federally Insured by NCUA Equal Housing Lender |
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