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Get Behind the wheel and get up to $250 when you finance with Memorial Credit Union.
New or Used? Start with MCU.
Your next vehicle is a big purchase. Your auto loan shouldn't make it more complicated.
Whether you're buying a new car, shopping for a used vehicle, or simply exploring your options, Memorial Credit Union is here to help you find financing that fits your budget.
New Auto Loans
Used Auto Loans
Frequently Asked Questions About Auto Loans
An auto loan is financing used to purchase a vehicle. You borrow money from a lender to purchase the vehicle and repay the loan, plus interest, through monthly payments over an agreed-upon term.
Memorial Credit Union offers auto loans for both new and used vehicles.
Yes. Memorial Credit Union offers financing for both new and pre-owned vehicles.
MCU auto financing can be used for eligible new and used automobiles. If you're unsure whether a specific vehicle qualifies, contact MCU before completing your purchase.
Getting pre-approved can be a smart first step because it helps you understand how much you may be able to borrow and gives you a better idea of your potential payment before negotiating with a dealer.
Membership is required to use MCU's loan services. Eligibility includes people who live, worship, work, or attend school in Harris County, those within a 10-mile radius of an MCU branch, select employee groups, and qualifying family or household members.
*Loans subject to credit qualifications. Cash back amount depends on the total loan amount. To qualify for $250 Cash Back, member must finance a new or used vehicle with a minimum loan balance of $30,000. Finance a new or used auto for $29,999 or less and receive $150 cash back. Loan must be closed on or before October 30, 2026. Cash Back bonus will be deposited into the members’ MCU savings account at loan closing. You must be a member in good standing to qualify. Bonus is considered interest and may be reported on IRS Form 1099-INT. Please consult your tax advisor on any legal, tax, or financial issues related to your bonus or personal matters. Offer subject to change at any time and ends October 30, 2026.