Flexible Car Loans for New, Used, and Refinanced Vehicles

Maximize your budget with competitive interest rates and terms tailored to your lifestyle. We provide 100% financing options that can include taxes and license fees, so you can get behind the wheel without the upfront stress. Whether you are looking for a fuel-efficient commuter or a rugged 4x4, we have the loan that fits your budget.

• New Auto Loans: Enjoy the latest safety features and technology with rates as low as 5.00% APR.* 

• Used Auto Loans: Save money on a reliable "new-to-you" vehicle with terms up to 84 months for qualified models. 

• Auto Refinancing: Already have a car loan elsewhere? Bring it home to EVFCU. We may be able to lower your monthly payment or shorten your term, putting more money back in your pocket for what matters most.

The EVFCU Advantage: Why Finance Locally in the Iron Range?

As a member-owned credit union, our profits stay right here in St. Louis County. When you choose EVFCU for your vehicle financing, you get more than just a loan; you get a financial partner who knows your name and understands the local economy. 

• Fast, Local Decisions: Our loan officers are right here in your community, allowing us to provide quick credit decisions so you can shop with confidence. No waiting for a corporate office in another state. 

• No Call Centers: When you have a question, you talk to a team member at our branch. We pride ourselves on personal relationships and handshake trust. 

• Credit Building Support: Many of our members come to us to build or repair their credit. We look beyond just a score to help you achieve financial freedom and homeownership. 

• Remote Convenience: Busy on-site at the mines or out on the trail? Use our mobile app and e-docs to sign your loan paperwork from anywhere.

Estimate Your Monthly Payment

Use our interactive calculator to find a payment that fits your monthly budget. By adjusting your term and down payment, you can see how much car you can truly afford before you visit the dealer. Remember to check our current loan rates for the most accurate estimation.

Protect Your Investment and Your Family

Debt Protection with Life Plus

Your family's peace of mind is our priority. Our Debt Protection program can cancel your loan balance or monthly payments in the event of involuntary unemployment, disability, or death. It is a simple way to safeguard your credit and your loved ones from the unexpected.

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Mechanical Repair Coverage (MRC)

Minnesota winters are tough on vehicles. From road salt corrosion eating your frame to pothole damage affecting your suspension, unexpected repairs can be costly. MRC acts as a safety net for your wallet, covering many mechanical breakdowns after your manufacturer’s warranty expires. It’s essential coverage for used car buyers and those who plan to keep their vehicles for the long haul.

1.) Varo Press, "New Survey from Varo Shows Americans Are Unfunded but Optimistic", Jan 3, 2020. 2CUNA Mutual Group data, average credit union member mechanical repair claim costs, 2019. MEMBER’S CHOICE® Mechanical Repair Coverage is made available to you by CUNA Mutual Insurance Agency, Inc., and is insured by Virginia Surety Company, Inc.
MRC-2086138.2-0320-0422

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Guaranteed Asset Protection (GAP)

If your vehicle is totaled or stolen, your insurance company might only pay the current market value, which could be thousands less than what you still owe. GAP Plus helps bridge that gap and can even provide $1,000 toward your next vehicle financed with EVFCU, helping you get back on the road faster.

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Car Buying 101: Expert Tips for Northern Minnesota Drivers

Buying a car in St. Louis County requires a unique set of considerations. Before you visit the dealership, keep these local tips in mind to protect your investment and your wallet: 

1. Inspect for Winter Damage: If buying a used car in Minnesota, always inspect the undercarriage for salt-induced rust and corrosion. Check the brake lines and exhaust system specifically, as these are often the first to fail after a harsh winter. 

2. Factor in the Commute: With many of our members driving 20-50 miles for work, fuel efficiency and reliable 4WD/AWD are critical. Consider how your vehicle choice will impact your daily fuel costs and winter safety. 

3. Get Pre-Approved First: Walking into a dealership with an EVFCU pre-approval puts you in the driver’s seat. It turns you into a "cash buyer" and prevents the stress of dealership-run financing. 

4. Don't Forget the "Adventure" Gear: Need a trailer for your ATV or a boat for the weekend? We also offer competitive financing rates with the same local service you trust.