With Merck Employees Federal Credit Union, we offer flexible terms and no pressure! With terms as long as 84 months, we are committed to getting you on the road in a ride that best fits your style.
New Auto & Used Auto
Whether you are looking to buy a new car from the dealer, buy out your lease*, refinance your current vehicle* or purchase a car from someone down the street, Merck Employees FCU can help you get on the road faster with a vehicle loan through us.
*Please be advised that the credit union charges a $125 application fee for lease buyouts and refinancing your current vehicle loan from another financial institution.
Looking for vehicle insurance? Check out the exclusive rates from TRUSTAGE for Merck Employees FCU members.
Current Rates*
| Term | ANNUAL PERCENTAGE RATE |
|---|---|
| 24 months | 5.10% |
| 36 months | 5.10% |
| 48 months | 5.35% |
| 60 months | 5.60% |
| 72 months | 5.85% |
| 84 months | 6.10% |
*Rates presented are the lowest rates available. Other rates and terms available based on vehicle, term and creditworthiness.
Car Loans 101
Learn the basics of buying a car and the different options available for financing and leasing.
Explore Car LoansWanting to purchase a motorcycle, boat, or RV? Let Merck EFCU assist you in your next endeavor by borrowing up to 100% of the cost. Find the best option for you to get you on the road, in the water, or in the air!
Motorcycles
New Motorcycles
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Borrow up to 100% of the cost of a new motorcycle
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Refinance new motorcycle loans from other lenders
Used Motorcycles
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Borrow up to 100% of the retail value as defined by the N.A.D.A. Used Motorcycle Guide
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Refinance new motorcycle loans from other lenders
Boats/RVs
New Recreational vehicles (boats, RVs, campers)
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100% of purchase price (excluding tax and motor vehicle charges)
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Maximum 72 month repayment
Used Recreational vehicles (boats, RVs, campers)
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Maximum loan N.A.D.A. Used Retail value
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Maximum 72 month repayment
Please note: The credit union does not give loans for personal watercraft.
Current Rates
| Term | ANNUAL PERCENTAGE RATE |
|---|---|
| 24 months | 5.10% |
| 36 months | 5.10% |
| 48 months | 5.35% |
| 60 months | 5.60% |
| 72 months | 5.85% |
| 84 months | 6.10% |
*Other rates and terms available based on vehicle, term and creditworthiness.
The Department of Energy and the Environmental Protection agency have developed the fuel economy website, www.fueleconomy.gov. The website features updated fuel economy data for new and used passenger vehicles dating back to 1984, allows side-by-side comparisons, and offers fuel saving tips. The website also contains vehicle-specific air pollution emissions information and safety ratings and provides links to car buying websites.
