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.

Black Woman Buying New Car
Couple Buying Car
Buying a Car

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

Showing Off Car Keys

Know Your Vehicles Value

When shopping for a new or used vehicle, it's important to know the trade-in value of your current vehicle as well as the value of the one you're looking to purchase. Most dealerships will use either JD POWER or KBB (Kelly Blue Book).

Buying a Car and Getting the Keys

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) 
TermPayment Example AmountAPR*Payment
36 months$8,500 as low as 4.99%$254.71
48 months$10,000 as low as 5.24%$231.38
60 months$15,000 as low as 5.49%$288.18
72 months$20,000 as low as 5.74%$329.01
84 months$25,000 as low as 5.99%$365.09
96 months30,000as low as 6.49%$401.44
Used Vehicles 2019 to 2023
TermPayment Example AmountAPRPayment
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 2014 to 2018
TermPayment Example AmountAPRPayment
36 months$8,500 as low as 5.74%$257.59
48 months$10,000 as low as 5.99%$234.80
60 months$15,000 as low as 6.24%$291.67
72 months$20,000 as low as 6.49%$336.10
Used Vehicles 10 Years & Older
48 months $8,500 6.99%$203.50
60 months$10,000 7.24%$199.15