What drives you?
Drop your rate by 2.00% APR*
Stuck with high-rate financing from a dealership or another lender? So, get yourself unstuck. We’ll beat your current rate by 2.00% APR*, and we’ll keep the refinancing process simple and quick. Give us a shot and put more money in your pocket every month.
Buying a new or new-to-you vehicle in the near future? Or, do you have a lease coming to term and you want to buy it out to keep the car you’ve come to love? Or, maybe you’re just tired of paying so much every month on that auto loan from another lender? Whatever your situation—purchasing, buying out your lease or refinancing—Mills42 gives you options and a great deal.
In fact, with a Mills42 FCU loan, you get:
- Competitive rates
- Additional discount when you opt for eStatements
- Flexible loan terms up to 72 months
- The ability to borrow up to 120%¹ of the value of the vehicle
- A dedicated Mills42 FCU team member who will keep the process simple and quick because we make decisions right here in Lowell
And be sure to get pre-approved so you can shop for your next vehicle with cash (and bargaining power) in hand.
Apply online today, and we’ll get you on the road to the freedom that comes with being in the driver’s seat.
Protect Your Investment with Mills42 GAP Coverage
Accidents happen, and sometimes your vehicle may be declared a total loss. That’s where Guaranteed Asset Protection (GAP) coverage from Mills42 comes in. If your car is totaled or stolen, your insurance may only cover the vehicle’s actual cash value—leaving you responsible for the remaining loan balance. Our GAP coverage helps bridge that gap, so you’re not stuck paying for a car you no longer have.
What Makes Mills42 GAP Coverage Better?
- Covers the difference between your insurance payout and your remaining loan balance.
- Includes Auto Deductible Reimbursement (ADR), which reimburses up to $500 of your insurance deductible per incident—for the first 60 months of your loan term—and can be used unlimited times. That means if you need to replace a windshield today and have body work done next month, you can be reimbursed up to $500 for each deductible. Dealers simply don’t offer this.
- Plus, you’ll pay less than half of what some dealers charge for GAP coverage.
- Provides an additional $1,000 toward your next vehicle purchase when you finance your replacement vehicle with Mills42 within 90 days of your total loss.
- Peace of mind knowing your finances are protected when life takes an unexpected turn.
Who Should Consider GAP?
- GAP coverage is especially valuable if:
- You financed most or all of your vehicle’s purchase price
- Your loan term is 60 months or longer
- Your car depreciates quickly, and you could owe more than it’s worth
- You put little to no money down when purchasing your vehicle
- Best of all, you can add Mills42 GAP coverage anytime during your loan term—even if you didn’t opt in at the start.
Not a member yet? We’ll take care of that for you as you’re opening your account or taking out a loan. If you want to get a jump-start, enroll online or just give us a call at 978.328.5100. We’ll be happy to help you build from here.
* APR = Annual Percentage Rate. Lowest APR available from Mills42 FCU is 5.74%. Actual rate and term based on applicant’s creditworthiness. Applies only to auto loans not currently financed with Mills42 FCU.
¹ Financing decision is based on the NADA vale of the make, model and year of the vehicle to be financed. NADA is the National Auto Dealers’ Association.