Credit union · NCUA insured
Municipal Credit Union Auto Loan Rates
Top CarrotMunicipal Credit Union auto loans start at 4.99% APR for a new vehicle. Rates checked October 16, 2026.
How Municipal Credit Union’s auto loan rates compare
Compared with banks and credit unions near New York, NY-NJ, where Municipal Credit Union has the most branches. New vehicle, lowest advertised APR first.
This credit union’s lowest
Municipal Credit Union
4.99%APR
- Terms
- 37–60 months
- Discount
- Included in the rate
New Auto – Purchase
Lowest rate
Westchester Schools FCU
2.90%APR
- Terms
- up to 72 months
- Discount
- None included
2nd-lowest rate
PSFCU
3.50%APR
- Terms
- up to 60 months
- Discount
- Included in the rate
Municipal Credit Union auto loan score
71
Auto loan score
Higher than 29% of U.S. banks and credit unions
- New vehicleNew4.99%
Each track runs from the highest to the lowest rate among U.S. banks and credit unions; the dot is this rate.
Where Municipal 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.
New Auto – Purchase
Advertised 'as low as' APRs assume excellent borrower credit history and setting up a Qualifying Direct Deposit to an MCU Everyday Hero Checking account. Actual APR is based on creditworthiness, loan amount, loan term, auto model year, and underwriting criteria. Maximum LTV 125% of MSRP or JD Power Retail Value; maximum loan amount $100,000. Minimum loan amounts: $10,000 up to 60 months; $20,000 up to 72 months; $30,000 up to 84 months. Vehicles must be current model year (max 5,000 miles) and purchased from franchise car dealers or specified independent dealers (TRUECar Certified Dealers, Carvana, CarMax, Hertz Car Sales). Membership is open to those who live, work, worship, or attend school in NYC, and their family/household members; primary share account required.
| Terms | APR | Conditions |
|---|---|---|
| up to 36 months | 4.99% | Advertised 'as low as' rate assumes excellent borrower credit history. Best loan rates include a 0.25 percentage-point direct deposit rate discount when a Qualifying Direct Deposit is established on an Everyday Hero Checking account within 60 days of loan funding. Current model year (max 5,000 miles). Term up to 36 months. Minimum loan amount $10,000. |
| 37–60 months | 4.99% | Advertised 'as low as' rate assumes excellent borrower credit history. Best loan rates include a 0.25 percentage-point direct deposit rate discount when a Qualifying Direct Deposit is established on an Everyday Hero Checking account within 60 days of loan funding. Current model year (max 5,000 miles). Term 37-60 months. Minimum loan amount $10,000. |
| 61–72 months | 5.49% | Advertised 'as low as' rate assumes excellent borrower credit history. Best loan rates include a 0.25 percentage-point direct deposit rate discount when a Qualifying Direct Deposit is established on an Everyday Hero Checking account within 60 days of loan funding. Current model year (max 5,000 miles). Term 61-72 months. Minimum loan amount $20,000. |
| 73–84 months | 6.75% | Advertised 'as low as' rate assumes excellent borrower credit history. Best loan rates include a 0.25 percentage-point direct deposit rate discount when a Qualifying Direct Deposit is established on an Everyday Hero Checking account within 60 days of loan funding. Current model year (max 5,000 miles). Term 73-84 months. Minimum loan amount $30,000. |
Sources (1)
- nymcu.org/rates · captured Oct 16, 2026
Used Auto Purchase / Refinance
Advertised 'as low as' APRs assume excellent borrower credit history and setting up a Qualifying Direct Deposit to an MCU Everyday Hero Checking account. Actual APR is based on creditworthiness, loan amount, loan term, auto model year, and underwriting criteria. Maximum LTV 125% of MSRP or JD Power Retail Value; maximum loan amount $100,000. Minimum loan amounts: $10,000 up to 60 months; $20,000 up to 72 months; $30,000 up to 84 months. Vehicles must be model year 2022 or newer. Vehicles must be purchased from franchise car dealers or specified independent dealers (TRUECar Certified Dealers, Carvana, CarMax, Hertz Car Sales). Membership is open to those who live, work, worship, or attend school in NYC, and their family/household members; primary share account required.
| Terms | APR | Conditions |
|---|---|---|
| up to 36 months | 5.24% | Advertised 'as low as' rate assumes excellent borrower credit history. Best loan rates include a 0.25 percentage-point direct deposit rate discount when a Qualifying Direct Deposit is established on an Everyday Hero Checking account within 60 days of loan funding. Model year 2022 or newer. Term up to 36 months. Minimum loan amount $10,000. |
| 37–60 months | 5.24% | Advertised 'as low as' rate assumes excellent borrower credit history. Best loan rates include a 0.25 percentage-point direct deposit rate discount when a Qualifying Direct Deposit is established on an Everyday Hero Checking account within 60 days of loan funding. Model year 2022 or newer. Term 37-60 months. Minimum loan amount $10,000. |
| 61–72 months | 5.74% | Advertised 'as low as' rate assumes excellent borrower credit history. Best loan rates include a 0.25 percentage-point direct deposit rate discount when a Qualifying Direct Deposit is established on an Everyday Hero Checking account within 60 days of loan funding. Model year 2022 or newer. Term 61-72 months. Minimum loan amount $20,000. |
| 73–84 months | 7.00% | Advertised 'as low as' rate assumes excellent borrower credit history. Best loan rates include a 0.25 percentage-point direct deposit rate discount when a Qualifying Direct Deposit is established on an Everyday Hero Checking account within 60 days of loan funding. Model year 2022 or newer. Term 73-84 months. Minimum loan amount $30,000. |
Sources (1)
- nymcu.org/rates · captured Oct 16, 2026
Who can join Municipal Credit Union
This may be incomplete or out of date, so check with the credit union before you apply.
Where you live or work
- Membership is open to individuals who live, work, worship, or attend school in New York City (NYC).
Military, government and schools
- Membership is open to employees of New York State or Federal government agencies based in New York.
Family and household
- Membership is open to immediate family members or household members of existing MCU members.
Membership information collected October 5, 2026.