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Auto Loans & Refinancing

Whether you are buying new, or have an auto loan elsewhere, with our great incentives and expanded terms, there has never been a better time to move your auto loan to Midcoast. Apply online or via our mobile app and receive an instant online decision!

Car loans, auto financing options

Go farther with auto financing from Midcoast!

car loans auto financing optins

Auto Purchase Loan

With an Auto Purchase Loan, you can afford the keys to whatever road you like to travel on.

  • Instant approval
  • Competitive rates
  • Online applications
Refinance your car loan with Miidcoast

Auto Refinance Loan

If you’re financed somewhere else, you need to “Move it to Midcoast!” Take advantage of our Auto Loan Refinance Program.

  • Lower your payment and interest rate
  • Payment free for 60 Days
  • Up to $500 cash back!

“Move it to Midcoast!” Auto Refinance Program

Refinance and save! What were once limited-time incentives for moving your auto loan to Midcoast are now included as everyday benefits in our exclusive auto refinance program. Chat with our lending team and “Move it to Midcoast!”

Lower payments and interest rate1

Enjoy the benefits of our rate match guarantee! Save every month when you “Move it to Midcoast” and lower your interest rate by 1%.

Go payment free for 60 Days2

Take a payment vacation or get ahead of the monthly payment requirement with the option to defer your first loan payment up to 60 days after the loan closing.

Get up to $500 cash back3

Receive a cash incentive of up to $500 when you refinance your auto loan with Midcoast! Move a $25,000 auto loan and earn $250. Refinance your $60,000 truck loan and earn $500!

Other additional benefits

Save on insurance just for being a credit union member! From auto insurance, to Guaranteed Asset Protection (GAP), Midcoast offers comprehensive protection solutions to cover it all.

1. Annual Percentage Rate. Offer applies to the purchase or refinance of vehicles up to 7 model years old. You will receive the LOWER of our current offering interest rate (based on your credit score and loan term) OR your current interest rate less 1.00%, to a minimum of 5.49% APR, for the remaining term of your existing loan held elsewhere. Additional terms and interest rates available based on qualifying credit. 2. Payment free for 60 days. Interest will accrue daily at loan disbursement. If no payment is made within the 60 day courtesy period, the accrued interest will need to be satisfied when the first payment is made. 3. Up to $500 cash incentive is based on 1.00% of the amount financed. Existing Midcoast FCU loans are not eligible for this offer. All loan applications subject to approval. Terms and conditions may apply and are subject to change without notice. For more information call 877.964.3262.

Brianne debit card - discounted loan rates with Coast and Free4Me checking account

Loan Discounts!

Receive a 0.25% discount off your qualifying consumer loan rate when your monthly loan payment is automatically transferred from your Coast or Free4Me Checking account. Discounted rate applies to new, consumer loans only, and applied at loan closing.

Groovecar, Autofinder app from Midcoast

Still searching for that perfect vehicle? Try our Auto Finder!

Midcoast’s FREE Auto Finder lets you search local dealers’ inventories for new and used cars, compare by make, model, and price, research vehicle specifications, and access CarFax® reports. You can even request a quote and get pre-approved for an auto loan!

Preferred dealerships offering MFCU loans

Get your Midcoast FCU auto loan directly at the dealer!

Members now have the added convenience of Midcoast auto loan financing directly at the dealership. Visit one of our Preferred Dealerships for your next Midcoast FCU auto loan!

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Not a Member Yet? You can join online!

It takes just about 10 minutes to apply! Open an account online anytime.

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