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Lawrence + Memorial Credit Union

Auto Loans

Limited Time Offer

Through January 31, 2024; when you purchase or refinance an auto loan with LMCU you'll enjoy no payments for 60 days!+

LMCU can help you drive in style, for less.  Count on us to finance your new or used vehicle purchase with competitive rates, flexible terms and a convenient online loan application.  Or, if you have a vehicle loan with another lender, bring your loan over to LMCU so we can refinance your loan with a great rate and lower payment. 

  • Rates as low as 6.49% APR* up to 72 months
  • Borrow up to 100% of vehicle's value, plus registration, tax and extended warranty
  • Terms up to 72 months for new auto and 60 months for used auto
  • Lease buyout loans available

 

Apply ONLINE Current Rates

Lease Buyout Loan

If the lease period on your car is coming to an end and you're interested in making the vehicle your own, LMCU can help!  With a lease buyout loan, LMCU will provide financing for you to purchase the vehicle from the leasing company instead of turning the lease in or trading for another lease. The purchase price, and therefore loan amount, will depend upon the terms and provisions in your original leasing agreement.  If you are considering buying your lease, complete our auto loan application to get started.

Apply ONLINE Current Rates

 

+ Offer subject to change or termination at any time.  Payments will be deferred for 60 days with the purchase or refinance of a new or used auto. Daily interest will continue to accrue. Not valid on the refinance of LMCU loans.

*APR = Annual Percentage Rate.  Rates vary by collateral and term of loan. Subject to loan approval.  Rates subject to change at any time. Payment example: 6.49% APR at 60 months = $19.56 per $1,000 borrowed.

Borrowers must maintain full coverage (comprehensive and collision) insurance on the vehicle until the loan is paid in full, listing the Credit Union as lien holder.