Auto Loans

Determine your loan financing and payment options. It's easy with our loan calculator. Loan Calculator

Rate vs. Rebate Calculator

You can apply online or you can come by and talk with a personal financial officer about your options. Loan Application

We've partnered with the following preferred dealers — so you can get low-rate, hassle-free MCU financing, and your new ride. CUDL AutoSmart

2.09% Auto Loan Rate

No matter your budget or your make and model allegiance, we work with you to get you that one-of-a-kind, new-to-you car. You know the one. With that new-to-you car smell, new-to-you shiny wheels and some new-to-you neighbor envy just waiting to happen. Get started by applying online. We make it easy so you can just ride.

Auto Loans:

We strive to offer better rates than the big guys. And we'll work with you and your budget and help you get that just-right car so you can roll on down the road. With an auto loan from MCU, you get:

  • 100% financing on new or used auto loans;
  • Low fixed rates;
  • Online application;
  • Same-day decision — submit your application by 2 p.m.;
  • Pre-approval — get pre-approved on the amount you want to spend and negotiate with cash;
  • Make payments online; and
  • Rewards program — receive a partial return of interest paid on eligible loans.

With approved credit — some restrictions may apply.

Loan Application

573.874.1477 | Columbia)
573.635.8007 | Jefferson City
800.451.1477 | Toll-free (Outside of Columbia or Jefferson City only)
573.817.5445 | TTY/TDD

Auto Rates

Our auto loan rates are competitive with flexible terms. Plus, we’ll work with you to get you in the car you want.

With approved credit. Some restrictions may apply.           

Check out the 2.09% auto loan rate

Our current auto rates are as low as 2.09% APR fixed.

Apply Today


Getting preapproved means you’re essentially spending and negotiating with cash, which is always a good thing when you’re a buyer. Get preapproved today. When we receive your auto loan application by 2:00 p.m., you’ll get a same-day decision. If we receive your application after 2:00 p.m., you’ll get your decision the next day.

Interest rates versus rebates. Which is better?

Is an auto purchase rebate better than a low-rate auto loan? It’s a good question. And if you’re asking it, you’re doing yourself – and your wallet – a service. Find out by using our Rate vs. Rebate Calculator.

GAP Insurance

What is GAP Insurance?

GAP stands for Guaranteed Auto Protection. GAP insurance literally covers the gap between what you owe on a car and what it’s worth if your car is totaled in a covered loss, such as an accident or theft.

Who Needs GAP Insurance?

If you purchased a new or used vehicle and weren’t able to afford a large down payment, you may need gap insurance. The moment you drive your new or used car off the lot, the car’s value depreciates—sometimes as much as 20% - 30%! If you’re not able to pay the difference between what you owe and what your vehicle is worth out of pocket, GAP insurance is worth considering.

How Does GAP Work?

Let’s say you total your car while swerving to avoid a deer—no one is hurt but your car rolled into a ditch. The cost to repair your car is higher than its actual cash value (ACV). Your insurance company decides to total your car and runs a N.A.D.A. valuation and determines that your car’s ACV is $10,000.

Your original amount borrowed is $18,000 and at the time of the accident you owe $15,000.

You owe $15,000
Your Insurance says your car's ACV is $10,000
Your primary insurance deductible is $500
Your total out of pocket expense is $5,500
GAP coverage will pay $5,500
The total you owe with GAP Coverage to payoff your loan is $0


MCU recommends talking to your personal financial officer about GAP insurance when you purchase your next car.

For more information, connect with a personal financial officer:

573.874.1477 | Columbia, MO
573.635.8007 | Jefferson City, MO
573.451.1477 | Toll Free (Outside of Columbia and Jefferson City Only)

573.874.1300 | FAX

573.817.5445 | TTY-TDD