Auto Loans
Members Plus offers competitive rates on both new and used vehicle loans, including those for boats, motorcycles and recreational vehicles!
Apply for your New or Used Auto Loan today or call 781-905-1500. We make it easy!
New Auto
At Members Plus Credit Union, we will make sure to fit you into the right auto loan that is affordable for you. We offer low rates, convenient terms, and financing up to 100% of the J. D. Power retail value. A vehicle qualifies for a new loan if it is a current or previous model year that has been driven less than 7,500 miles.
- Weekly, biweekly or monthly payment options
- Set up automatic payments from your MPCU savings or checking account, or from another financial institution.
- Pre-approvals available
- Credit Disability Protection and Credit Life Protection (optional)
Make sure you ask about GAP Protection when you get your loan from Members Plus! GAP Protection pays the difference between your vehicle insurance company’s settlement and the remaining loan amount (directly related to the vehicle purchase), up to the maximums allowed by the credit union and/or state, in the event your vehicle is stolen or damaged beyond repair.
Used Auto
Looking for a used car? Start with Members Plus! We offer low rates, convenient terms, and financing up to 100% of the J.D. Power retail value. A vehicle qualifies for a used loan if it is a model year listed in the current edition of the regular NADA Used Auto Valuation Guide.
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- Weekly, biweekly or monthly payment options
- Set up automatic payments from your MPCU savings or checking account, or from another financial institution.
- Pre-approvals available
- Credit Disability Protection and Credit Life Protection (optional)
Apply for your Used Auto Loan today or call 781-905-1500.
New CarsApply Now
| Name | Term (in months) | APR**(As Low As) | Cost Per Thousand*** |
|---|---|---|---|
| Up to 4-Year Term | 0-48 | 5.490% | $23.26 |
| 5-Year Term | 0-60 | 5.740% | $19.22 |
| 6-Year Term | 0-72 | 5.990% | $16.58 |
| 7-Year Term | 0-84 | 6.240% | $14.73 |
Used CarsApply Now
| Name | Term (in months) | APR**(As Low As) | Cost Per Thousand*** |
|---|---|---|---|
| Up to 4-Year Term | 0 - 48 | 5.740% | $23.37 |
| 5-Year Term | 0 - 60 | 5.990% | $19.34 |
| 6-Year Term | 0 - 72 | 6.240% | $16.69 |
| 7-Year Term | 0 - 84 | 6.490% | $14.85 |
Motorcycle
| Name | Term (in months) | APR**(As Low As) | Cost Per Thousand*** |
|---|---|---|---|
| 3-Year Term | 0-36 | 6.49% | $30.65 |
| 4-Year Term | 0-48 | 6.64% | $23.79 |
| 5-Year Term | 0-60 | 7.14% | $19.88 |
| 6-Year Term | 0-72 | 7.64% | $17.37 |
Boat and Recreational Vehicle Loans
| Name | Term (in months) | APR**(As Low As) | Cost Per Thousand*** |
|---|---|---|---|
| New Recreational Vehicle | 0 - 60 | 7.24% | $19.93 |
| Used Recreational Vehicle | 0 - 36 | 8.24% | $31.46 |