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UCU will be closed on Monday, July 4th, in observance of Independence Day.

 

Affordable, Flexible Auto Financing from UCU

Driving throughout the state of Maine is a joy, so here at UCU, we think that your auto loan should also bring you joy – with great auto financing interest rates and loan terms that help you keep more of your money and do more of what you love. 

Whether you’re looking to purchase a new or used vehicle, or simply want a better auto financing for your existing car, the experienced, knowledgeable auto lenders at UCU are here to help you customize a great car loan especially for your needs.

Auto Purchase Loans

With UCU auto loans, buying from a dealership or a private party seller couldn’t be easier. Get pre-approved so you can shop for a car with confidence.

  • Low annual percentage rates on auto financing for new or used vehicles
  • Flexible loan terms up to 96 months for low monthly payments
  • Designed for cars and light-duty trucks
  • Auto financing available for used vehicles up to 10 years old
  • Fast and easy online application

Auto Refinance Loans

If you’re happy with your car, but not your car loan, we can help. We can work with you to refinance your vehicle for monthly payments that suit you perfectly.

  • Low annual percentage rates on auto refinance loans to reduce your monthly payments
  • Flexible loan terms up to XX months
  • Available for used vehicles up to X years old
  • Fast and easy online application

Use our auto loan calculator to see how we can reduce your monthly payments!

Auto Financing Service

At UCU, knowledgeable local lenders are here for you to provide you with fast decisions on our customized auto loans and will guide you through the auto financing process, making it easier than you ever imagined to get an auto loan. We’ll provide you with a variety of loan offers to ensure you get the exact loan you need, along with any other products or services you’d like to enhance your car loan.

When you partner with UCU, you can also take advantage of our car buying service, which allows you to shop for a car from a nationwide network of certified dealers.

Preparing for Auto Financing

When you consider shopping for a car or refinancing your auto loan, preparation is essential. The more knowledgeable you are about your credit and the auto financing process before you shop for a car or apply to refinance, the better your experience will be. Here are some tips to help you through your car buying or refinancing journey:

  • Do your research on annual percentage rates available in the market. Generally, interest rates are lower at credit unions like UCU than at other kinds of auto lenders. 
  • Take advantage of our free auto loan calculator to help you gain a better understanding of what you need in an auto loan and in your monthly payments.
  • Examine your overall debt, such as student loans, mortgage and credit cards, to figure out what you can afford in a car payment.
  • Review your credit reports and your credit score – and take action to improve your credit, if needed.
  • Get pre-approved for your auto loan so that you’ll know exactly what you can afford. Plus, being pre-approved gives you better negotiating power because the seller will know you’re a serious buyer.

Our very best tip is to work with a local lender. At UCU, we respond quickly, customize our auto loans especially for you and are committed to providing a uniquely exceptional service experience. Contact us at 800-696-8628 to learn more.

 

Auto Loans

Loan TypeAPR as low as*Term**Min. Loan Amount
New & Used Autos2.24%0-35 months$3,000
2.49%36-59 months$3,000
2.99%60-83 months$7,500
4.59%84-96 months$20,000
Program Details: Interest rates above apply to loans secured by non-commercial passenger vehicles both NEW and USED up to 10 model years old, Autos & Light Duty Trucks. Collateral secured by title. *Annual Percentage Rate (APR) for the above loans will vary based on borrower's credit worthiness and selected term. Our loans are risk-based priced to determine the interest rate. Please contact a UCU Consumer Loan Originator for more information. **Term subject to creditworthiness and collateral. Membership eligibility applies. Additional fees may apply.

Recreational Loans

Loan TypeAPR as low as*Term**Min. Loan Amount
New & Used Vehicles2.89%0-35 months$3,000
3.09%36-59 months$3,000
3.99%60-83 months$7,500
4.99%84-120 months$20,000
Program Details: Interest rates above apply to loans secured by non-commercial recreational vehicles both NEW and USED up to 10 model years old. Includes Motorcycles, Motor Homes, Snowmobiles, Boats, Personal Watercrafts, ATVs, Campers, 5th Wheels, Travel Trailers, and includes Other Chattel. Collateral secured by title when available or UCC. *Annual Percentage Rate (APR) for the above loans will vary based on borrower's credit worthiness and selected term. Our loans are risk-based priced to determine the interest rate. Please contact a UCU Consumer Loan Originator for more information. **Term subject to creditworthiness and collateral. Membership eligibility applies. Additional fees may apply.