Whether you’re in the market for a new or used vehicle, toy, camper or boat, MCCU has the loan for you! And, if you’re considering refinancing your vehicle remember that MCCU has some of the lowest rates in the nation! We offer great rates and terms! Choose your desired loan from the list below to get started.
Whether you are looking for a new or used vehicle or a refinance of an existing loan, a customized auto loan tailored to your specific needs could save you $100’s every month. We have lower payments, quick approval and you get the MCCU personal service that treats you like a member not a number.
We have partnered with Brett Broghammer at Integrity Autosource. Let Brett and his team help you find the best vehicle for your budget!
Protect Your New Vehicle with GAP Insurance!
Vehicle prices continue to increase resulting in longer loan terms. It’s typical for a vehicle’s outstanding loan balance to be significantly higher than its actual cash value, especially during the first few years of the loan. Before you drive away in your new car, consider this:
- The car began depreciating immediately.
- About 15 to 20 percent of collision claims in the U.S. results in the cars being totaled.
- An auto theft occurs every 33 seconds in the U.S. The latest statistics from the FBI indicate that 42.8% percent of stolen vehicles are not recovered.
If your vehicle is totaled or stolen, your insurance settlement will be based on its actual cash value, not the outstanding loan balance. This may create a deficiency balance or a “gap”.
Guaranteed Asset Protection (GAP) insurance eliminates the potential for loss in the event your vehicle is totaled or stolen. Our program offers the following advantages:
- We offer coverage for a variety of both new and used vehicle types.
- Up to $1,000 of your primary insurance carrier’s deductible may be covered as part of deficiency balance.
- An additional $1,000 towards the financing of a replacement vehicle through MN Catholic Credit Union.
- The program is underwritten by highly rated insurance companies. Our underwriters have extensive experience and are known for their financial strength, stability and responsive claims handling.
- Enrollment is easy and coverage begins immediately.