Why Now Might Be a Smart Time to Finance Your Next Vehicle

If you're thinking about buying a car or refinancing your current auto loan, this could be a good time to take a closer look. Interest rates for auto loans have come down, and Mid Carolina Credit Union is currently offering rates as low as 4.24% APR for qualified borrowers.

What This Means for You

Lower interest rates can reduce the total amount you pay over the life of your loan. For many borrowers, a lower rate means a lower monthly payment or paying off the loan faster without adding extra cost.

Here are a few things to keep in mind:

  • 4.24% APR available for qualified borrowers

  • Applies to 2023 or newer vehicles

  • Requires a 36-month term

  • Vehicle must not already be financed at MCCU

This is not a limited-time promotion, but rather a competitive rate currently offered to qualifying members. As always, your individual rate will depend on your creditworthiness and the terms of your loan.

Want to Learn More?

We’re happy to walk you through your options and help you decide what works best for your budget. Whether you're ready to apply or just have questions, we’re here to help.

At Mid Carolina Credit Union, we’re committed to providing helpful financial guidance and honest service. If you’ve been thinking about upgrading your vehicle or refinancing your current loan, now is a great time to explore your options.

APR = Annual Percentage Rate. 4.24% APR is available to qualified borrowers on 2023 or newer vehicles with a 36-month term. Vehicle must not currently be financed at MCCU. Rate is subject to credit approval and may change without notice. Other terms and conditions may apply. Contact a Mid Carolina Credit Union representative for complete details.

Lynn Blizzard