Types of Car & Vehicle Loans

NEW CAR

Purchase a brand new car, truck or SUV that is a current or prior year model with less than 5,000 miles and never titled.

USED CAR

Purchase a used car, truck or SUV with a low interest rate.

REFINANCED CAR

Refinance your car loan, truck loan or SUV loan from another financial institution. You could lower your payment, reduce your rate and/or shorten your term.

RV / BOAT / ATV

Purchase a new or used recreational vehicle such as an RV, Boat or ATV. 

Should You Buy a New or Used Car?

If you are trying to decide whether to buy a new or a used car or truck, our video explains the pros and cons of each and how to determine if a new or used car is right for you.

Car Loan Process in 5 Simple Steps

1

Research

Check out our "Drive Away Happy" guide to determine the best auto to meet your needs.

2

Calculate

Calculate your monthly payment to see how much car you can afford.

3

Apply

Apply online in less than 10 minutes or visit your local branch.

4

Shop

Shop online and visit your local dealership to take vehicles for a test drive.

5

Insure & Drive Happy

Compare and select an affordable car insurance policy to get the protection you need. 

Today's Car Loan Rates as low as

New Vehicle
Up to 36 Months

2.44%

APR*
Used Vehicle
Up to 60 Months

3.99%

APR*
Refinance
Up to 60 Months

4.24%

APR*
RV / Boat / ATV
Up to 36 Months

6.14%

APR*
 
View More Rates

*Rates effective 5/1/18. Click 'View More Rates' for additional terms and conditions.
GET YOUR DRIVE HAPPY GUIDE

STEP 1
GET YOUR DRIVE AWAY HAPPY GUIDE

Download our free guide, “Drive Away Happy”, to discover what to consider when buying a new or used vehicle. We’ll guide you through everything you need to consider so you can feel confident when heading to the dealership.

Download Guide

Payment Options & Protection

Customize Payments

We'll help you customize your monthly payment by selecting a repayment term that works best for you (up to 84 months of financing).

AutoPay

Set up automatic payments from your MHV Savings or Checking Account and enjoy a .25% rate reduction in your car loan rate (excludes leases and other select products).

Deferred Payment

Your first payment isn't due until 45 days after you purchase your vehicle. However, interest will accrue during that time.

Payment Protection*

Our Payment Protection covers the loan from financial burdens if a protected life event such as disability, loss of life, or involuntary unemployment happens to you. To calculate how much it would cost to add payment protection to your auto loan click here.

Guaranteed Asset
Protection (GAP)

Guaranteed Asset Protection (GAP) pays the car's cost not covered by primary insurance if the car is totaled or stolen. Learn more about GAP.

Step 2

CALCULATE YOUR MONTHLY CAR LOAN PAYMENT

Step 3

Apply Now in Less Than 10 Minutes

Apply Now
Have a Question? We'll Contact You

Step 4

SHOP FOR YOUR NEXT CAR

Use our AutoSmart shopping and research tool to find your next car, truck or SUV. Search local dealerships that offer MHV financing. You can also research and compare cars, find trade-in values, and more.

Did You Know?

You can ask for MHV financing right at the dealership? Request a price quote from the dealership.

Get Your Quote

See what the Mid-Hudson Valley has to say About us

MHV is very accommodating. I didn't have the greatest credit and MHV gave me my first car loan. This helped to raise my credit significantly and give me my first car!

Nastasja Brodhead

I have had a lifetime of great service from MHV. For Mid-Hudson Valley residents, there are ample locations, and the online and mobile apps do a good job.

Mary V.

Frequently Asked Questions

STILL HAVE MORE QUESTIONS?



*MEMBER’S CHOICE™ Borrower Security is a debt protection product offered by Mid-Hudson Valley Federal Credit Union. Enrollment in this debt protection product is voluntary and not required to obtain a loan. Please contact us for additional information on benefit maximums, eligibility, and limitations. DPGAP-0709-45A3