Credit union · NCUA insured
Michigan Schools & Government Credit Union Auto Loan Rates
Top CarrotMichigan Schools & Government Credit Union auto loans start at 4.99% APR for a new vehicle and 4.99% for a used one. Rates checked October 16, 2026.
How Michigan Schools & Government Credit Union’s auto loan rates compare
Compared with banks and credit unions near Detroit, MI, where Michigan Schools & Government Credit Union has the most branches. New vehicle, lowest advertised APR first.
This credit union’s lowest
Michigan Schools & Government Credit Union
4.99%APR
- Terms
- 49–63 months
- Discount
- None included
Car, Truck, or SUV Loan
Lowest rate
Chief Financial Credit Union
3.99%APR
- Terms
- —
- Discount
- None included
2nd-lowest rate
FreeStar Financial Credit Union
3.99%APR
- Terms
- up to 60 months
- Discount
- Included in the rate
Michigan Schools & Government Credit Union auto loan score
83
Auto loan score
Higher than 62% of U.S. banks and credit unions
- New vehicleNew4.99%
- Used vehicleUsed4.99%
Each track runs from the highest to the lowest rate among U.S. banks and credit unions; the dot is this rate.
Where Michigan Schools & Government Credit Union ranks
By auto loan score, in each area where it has branches
Every rate
Current auto loan rates
Rates from the credit union’s website. Most are “as low as” rates for the best credit; yours depends on your credit, the term and the vehicle.
Car, Truck, or SUV Loan
Offer requires Automatic Loan Payment transfer. APR may be higher, based on term of loan, credit score, collateral, and loan to value. 76-84 month loans require a minimum of $20,000 to finance. New money only. Rates are subject to change at any time. Same-day approval on most vehicle applications.
| Terms | APR | Conditions |
|---|---|---|
| 24–36 months | 4.24% | Model Years: 2021 & Newer. Requires Automatic Loan Payment transfer. APR as low as. |
| 37–48 months | 4.74% | Model Years: 2021 & Newer. Requires Automatic Loan Payment transfer. APR as low as. |
| 49–63 months | 4.99% | Model Years: 2021 & Newer. Requires Automatic Loan Payment transfer. APR as low as. |
| 64–75 months | 5.24% | Model Years: 2021 & Newer. Requires Automatic Loan Payment transfer. APR as low as. |
| 76–84 months | 5.49% | Model Years: 2021 & Newer. Requires minimum of $20,000 to finance. Requires Automatic Loan Payment transfer. APR as low as. |
| 24–36 months | 4.99% | Model Years: 2016 - 2020. Requires Automatic Loan Payment transfer. APR as low as. |
| 37–48 months | 5.49% | Model Years: 2016 - 2020. Requires Automatic Loan Payment transfer. APR as low as. |
| 49–63 months | 5.74% | Model Years: 2016 - 2020. Requires Automatic Loan Payment transfer. APR as low as. |
| 64–75 months | 5.99% | Model Years: 2016 - 2020. Requires Automatic Loan Payment transfer. APR as low as. |
| 76–84 months | 6.24% | Model Years: 2016 - 2020. Requires minimum of $20,000 to finance. Requires Automatic Loan Payment transfer. APR as low as. |
| 24–63 months | 8.49% | Model Years: 2015 & Older. Requires Automatic Loan Payment transfer. APR as low as. |
Who can join Michigan Schools & Government Credit Union
This may be incomplete or out of date, so check with the credit union before you apply.
Where you live or work
- Anyone who lives in Michigan can bank with MSGCU.
Membership information collected October 5, 2026.