Vehicle Loans

Whether the vehicle is new or pre-owned, we offer competitive rates and flexible terms. Financing from Media City Credit Union includes:

  • Flexible terms, you choose 1 to 84 months
  • Choose your own due date
  • Financing up to 125% of purchase price or cars value, whichever is less
  • Guaranteed Asset Protections (GAP) and Mechanical Breakdown Insurance (MBI), also known as extended warranty (see Ancillary Products)
  • Discounts available with Automatic Transfer Payments from your payroll or your Media City Credit Union account

We can refinance your existing vehicle loan with another lender to help you:

  • Lower your interest rate
  • Lower your monthly payments
  • Flexible terms to fit your budget, up to 84 months
  • Choose your own due date
  • Up to 125% financing of vehicle’s value
  • Guaranteed Asset Protection (GAP) and Mechanical Breakdown Insurance (MBI), also known as extended warranty (see Ancillary Products)
  • Discounts available with Automatic Transfer Payments from your payroll or your Media City Credit Union account
  • No prepayment penalty
  • Take additional cash out, up to 100% of cars value

It’s quite simple. If you have a clear title and own your vehicle, you can take cash out using your vehicle as collateral.

Media City Credit Union is an alternative to dangerously expensive, high rate title loan lenders.

  • Flexible terms to fit your budget with a fixed rate
  • Choose your own due date
  • Financing up to 100% of book value
  • No application fees
  • No prepayment penalty
  • DMV fees may apply

Your first car is calling you. This program is designed to help members with limited or no credit. Financing features include:

  • Flexible terms, up to 60 months
  • Choose your own due date
  • Up to 100% financing of MSRP or retail KBB, including tax and license
  • Loan amount up to $20,000

First-time Auto Buyer Program Qualifications

  • Be at least 18 years old
  • Show continuous employment for at least 9 months
  • Demonstrate a minimum annual income of $18,000
  • No credit history required for 80% financing
  • Six months of credit history required for 100% financing

Same Rates and Terms do not apply

To protect your purchase, the following programs are available and can be wrapped into your monthly payment.

Guaranteed Asset Protection (GAP) from Media City Credit Union covers the difference between your insurance settlement and your loan balance. This low-cost* coverage offers a number of other advantages as well, including:

  • No mileage or year restrictions
  • Protection provided for the term of the loan – up to 90 months
  • Reimburses your deductible up to $1,000
  • Covers up to $1,0001 toward the down payment of a replacement vehicle.

Sign up for GAP today, visit our Media City Credit Union branch, or call the Lending Department (818) 238-2950 to learn more.

*GAP offers supplemental coverage and does not replace standard comprehensive, collusion, and liability coverage.

1 Restrictions apply.

Mechanical Breakdown Insurance (MBI) also known as extended warranty, reduces the possibility of out-of-pocket expenses when your vehicle suffers an unexpected mechanical failure.

Additional convenient features include:

  • Low premiums and deductible options
  • Major component coverage
  • 24-Hour Roadside Assistance*
  • Rental Vehicle Assistance*
  • Tire Protection*
  • Trip Interruption*
  • Choice of any licensed U.S. repair facility to fix your vehicle

*Some restrictions and limitations apply

Purchase Mechanical Breakdown Insurance today, visit our Media City Credit Union branch, or call the Lending Department at (818) 238-2950 to learn more.

Vehicle Insurance Media City Credit Union partners with TruStage to offer you affordable auto insurance. An insurance specialist will instantly connect you to a free insurance quote for any new or used vehicle — regardless of where it’s financed.

Get a quote now, or call (855) 649-8664 to learn more.

We offer two options:

Make a payment using your Media City Credit Union account in online or mobile banking.

If the payment will be made from another financial institution via ACH, Visa Debit Card or MasterCard Debit Card, click here. There is a fee for this service and the maximum transaction amount is $3,000.

Do I have to buy a vehicle from an auto dealer?

No, your purchase can be from a dealership or private owner. We have financing options to fit your needs.

Can I get approved for an auto loan before I pick out my car?

Yes, pre-approvals are always recommended.

How long is a pre-approval good for?

A pre-approval is good for 30-days.

Can I provide you with my credit report?

No, Media City Credit Union will request its own credit report.

Do you have to run my credit for a rate quote?

Yes, in order to provide you with an accurate rate. Otherwise, we can provide you with a rate range.

Can I buy an extended warranty plan from Media City Credit Union if I pay cash for the car?

Absolutely, the vehicle does not need to be financed with Media City Credit Union in order to purchase an affordable warranty plan.

Can I cancel the extended warranty or GAP insurance I bought at the dealership?

Yes, and yes. Read your signed contract for any deadlines and cancellation process.

If I have bad credit, can I qualify for an auto loan?

Don’t assume you don’t qualify for a car loan. The best way to find out is to apply for a loan. There is no cost to submit an application, and our loan staff will work with you to help you solve your transportation challenges.

What are the vehicle insurance requirements for my loan with Media City Credit Union?

When you have an auto loan with Media City Credit Union, we require the following:

  • Media City Credit Union be listed as Lienholder or Loss Payee; and
  • Deductible for Comprehensive AND Collision not exceed $1,000; and
  • Coverage during the entire term of the loan

How can I sign up for automatic payments to my vehicle loan?

  1. If the payment will be taken from a Media City Credit Union account, you can set this up in Online Banking.
  • If the payment will be made from another financial institution via ACH, Visa Debit Card or MasterCard Debit Card, click here