Our Members Come First
See what our members are saying about us.
  • I had a fantastic experience at the Broadway branch! I was greeted promptly and was able to see a loan officer the same day. Keyna’s communication through the process was PHENOMENAL! It made the car loan process a breeze.

    – Ashley M.
  • Loan Officer Abby Randall was amazing to work with today. Each time I purchase a new vehicle she is so kind and quick to respond to me. Jenna D’Errico was also quick to get me the help I needed in a timely manner. Thank you guys!! Always so great to work with this branch!

    – Nicole A.
  • Melissa, the branch manager, was so helpful and knowledgeable when it came to my car loan, I have now opened two more accounts with Maine Savings Milo! It’s the personal service, care and attention to detail, all with a friendly and happy attitude that has made me a member for life.

    – Craig C.
  • We have always had the best service with Maine Savings! We recently obtained a new auto loan and from start to finish it was so pleasant, easy and efficient!!! Thank you Bridgette Shorey for all your help with making this process so simple!

    – Cynthia M.
  • Nancy was extremely helpful when it came to refinancing my car loan. They were able to drop my interest rate significantly and were very patient and helpful throughout the whole process!

    – Hannah K.
Auto Loan Rates

Effective Date: Sunday, May 24, 2026

Approximate Term Loan to Value APR
New Auto Up to 10 yrs. * Up To 125% as low as 5.09% 1
Used Auto Up to 7 yrs. Up To 125% as low as 5.34% 2
*
Terms greater than 84 months have a minimum loan amount of $60,000 with a maximum Loan To Value of 100%
1
Term of 24 months; estimated monthly payment of $43.92 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.
2
Term of 24 months; estimated monthly payment of $44.04 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.
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Personal Highlights
RedWallet® Cash Back Checking
Start earning 2% cash back on daily debit card purchases.
RedWallet® Cash Back Checking
Certificates
Get savings with guaranteed, compounded interest.
Certificates
Home Lending
Ready to buy or refinance? Get a loan with competitive rates.
Home Lending
Personal Loans
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Personal Loans
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All Maine Savings cards,debit and credit, are available for use with digital wallets.
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Click here if your Maine Savings credit card or debit card has been lost or stolen.
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Just Exploring?
Why use a credit union?
Why use a credit union?
We’re here to offer competitive rates, lower fees, and unmatched personalized service
Why use a credit union?

Recreational Vehicle Loans

If you are looking for that next RV, camper, boat, snowmobile, motorcycle, ATV, or even an airplane, talk to us about your financing options.

Explore Loans
Auto Loan FAQ
How do I apply for an auto loan?
What credit score do I need for an auto loan?
What types of vehicles can I finance?
How quickly can I get approved?
Can I refinance my current auto loan?
How much can I borrow?
What auto loan terms do you offer?
Are there penalties for paying off my auto loan early?
Do you offer financing for used vehicles?
What is the best way to get a low auto loan rate in Maine?
Why choose a credit union for an auto loan instead of a bank?

You can apply for an auto loan online or at one of our branch locations. Most applications take only a few minutes, and you may receive a decision quickly after submitting your information.

Credit score requirements vary based on the loan amount, vehicle age, term, and overall financial profile. We work with a wide range of borrowers and offer competitive options for many credit situations. Learn more about establishing a strong credit score in our Financial Wellness Center.

We offer financing for new and used cars, trucks, SUVs, and motorcycles. We also offer financing for recreational vehicles, boats, snowmobiles, and campers.

Many members receive loan decisions quickly, often within a few business days once an application has been submitted.

Yes. We offer refinancing for both new and used vehicles. This may be a great way to lower your monthly payment, reduce your current interest rate, or shorten your loan term. Apply for refinancing: Members | Non-Members

The amount you can borrow depends on factors such as income, credit history, vehicle value, and debt-to-income ratio. You can speak to one of our loan experts at our branches to see what this looks like for your financial situation.

We offer flexible payment terms to fit your budget and financial situation. Loan term options may vary depending on the vehicle being purchased and the loan amount.

No. You can pay off your auto loan early without any prepayment penalties.

Yes. We offer refinancing for both new and used vehicles.

The best way to get a lower auto loan rate is to maintain strong credit, compare your financing options, and choose the right term that fits your budget.

Credit unions are member-focused financial institutions and often provide competitive rates, personalized service, and flexible lending options compared to traditional banks.