Digital Banking Sign-in

Auto Loan

Put your vehicle-buying plans in the fast lane with a flexible loan that keeps you in the driver's seat. Whether you're in the market to buy a car, truck, or SUV, you can trust your local lender to pair you with a loan that fits your budget. And, if you already have an auto loan but want to take advantage of a better rate, refinancing options are also available.

Benefits
  • Great rates
  • Personalized local service
  • Loans for new and used vehicles available
  • Refinancing available
Current Rates

Effective Date: Thursday, November 14, 2024

Auto Loan Rates

Approximate TermLoan To ValueAnnual Percentage Rate (APR)
New AutoUp to 10 yrs.*Up to 125%as low as 3.84%1
Used AutoUp to 10 yrs.*Up to 125%as low as 4.34%2

* Terms greater than 84 months have a minimum loan amount of $60,000.00

1 Term of up to 24 months; estimated monthly payment of $43.25 per $1,000.00 borrowed. The APR is the Credit Union's standard rate. The rate may vary depending on each individuals credit history and underwriting factors. All Credit Union loan programs, rates, terms and conditions are subject to change at any time without notice.

Term of up to 24 months; estimated monthly payment of $43.47 per $1,000.00 borrowed. The APR is the Credit Union's standard rate. The rate may vary depending on each individuals credit history and underwriting factors. All Credit Union loan programs, rates, terms and conditions are subject to change at any time without notice.

Guaranteed Asset Protection (GAP)

Will your insurance cover your auto loan in the event of a total loss or theft? Probably not. Even the best auto insurance may not cover the entire amount you owe on an auto loan. In fact, if the average new car owner has their vehicle stolen or damaged beyond repair, they could still owe thousands of dollars after the insurance settlement.

GAP with PowerBuy* can pay up to the remaining balance of your auto loan after an insurance payout and give you additional funds to finance your next vehicle with us. Instead of paying off a substantial loan balance for a vehicle you can no longer drive, you could be free and clear of your car loan and have funds to put toward a new car. To learn more, call us or stop by your local branch.

*GAP with PowerBuy is not considered insurance coverage in Maine. Your purchase of GAP with PowerBuy is optional. Whether or not you purchase GAP with PowerBuy will not affect your application for credit or the terms of any existing credit agreement you have with Maine Savings. There are eligibility requirements, conditions, and exclusions that could prevent you from receiving benefits under GAP with PowerBuy. You should carefully read the contract for a full explanation of terms, conditions, and exclusions

Haven't joined our family yet? Become a member today!

Savings

From small goals to big plans, we have accounts for every stage of life.

Credit Cards

Get added financial flexibility and earn rewards while you shop.

Need additional help?

Whether you're still on the lookout for what you came here for, or are ready to take the next step, we've got you covered.