Loans with Low Rates, Flexible Terms, and Quick Loan Decisions
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- Low rates and flexible terms
- Fast and local loan decisions
- Get pre-approved and negotiate a deal like a cash buyer
Drive with Peace of Mind
Mechanical Breakdown Protection
Avoid unexpected auto repair costs with Mechanical Breakdown Protection (MBP)
Many dealerships offer expensive extended warranties, but few cover you as completely as our program. Offered to you at a significant savings, MBP provides some of the most extensive coverage available. The cost for one of our contracts will be 30-50% less than those offered at the dealerships, and will provide these additional benefits:
- Towing Coverage
- Rental Car Coverage
- Trip Interruption
- 24-hour Roadside Assistance
These plans are affordable and can easily be added to your auto loan. Contact your loan officer today to add MBP to your auto purchase — and drive home your new or used car with peace of mind.
Debt Protection
Optional debt protection cancels some, or all, of your loan payments in unfortunate events like death, disability, or involuntary unemployment.
- Death: Give your family time to get back on their feet financially. Cancels your remaining loan balance as of the date of death (Up to $50,000)
- Disability: Supplement any disability coverage you may have through your employer while you regain your health and earning capacity. Cancels up to six payments per occurrence (Up to $1,500 per month)
- Involuntary Unemployment: Ensure your loan payment will be taken care of as you search for new employment. Cancels up to three payments (Up to $1,500 per month)
These plans are affordable and can easily be added to your auto loan. Contact your loan officer today to add Debt Protection to your auto purchase — and drive home your new or used car with peace of mind.
GAP Protection
GAP waives the difference between the amount you owe on your vehicle, and what your insurance payout would be if your vehicle was totaled or stolen and not recovered.
The Mission City FCU GAP program waives the difference described above including your insurance deductible (Up to $1,000).
The following is a typical example of how GAP Protection works:
| Original purchase price | $25,000 |
| Loan balance after one year | $20,000 |
| Insurance settlement covering vehicle’s current value | $16,000 |
| Your remaining unpaid loan balance (The “gap”) | $4,000 |
| GAP Protection waives the difference | $4,000 |
| Should you find a replacement vehicle and you finance it through Mission City FCU, GAP Protection also provides | $1,000 |
| Total GAP benefit | $5,000 |
These plans are affordable and can easily be added to your auto loan. Contact your loan officer today to add GAP Protection to your auto purchase — and drive home your new or used car with peace of mind.
Car Loan Calculator
Rates as low as 4.74% APR*
Electric and Plug-in Hybrid Cars
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May be eligible for rebates.
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If you've recently received correspondence from us that we need proof of insurance, here's where you can provide this information.
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As the only financial institution founded and operating exclusively inside of Santa Clara City boundaries, we're committed to the people and future of this community.
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Questions, comments, concerns? Ask CEO Kamil Sakici here and you will receive a response the next business day.
