90th Year Anniversary

Affordable Auto Loans for You | BMI Federal Credit Union

Affordable Rates, No Hidden Fees

At BMI Federal Credit Union, we understand that buying a car is a significant step towards independence and adventure. That's why we dedicate ourselves to offering auto loans that are affordable, straightforward, and have no application fees. Whether you're purchasing your first car, upgrading to a newer model, or considering refinancing for better terms, BMI FCU is here to guide you to the best deal for your situation. 

Close on a new auto loan and get entered for the chance to win gas for a year1!

Electronically apply, sign, and close anywhere you can access your email:

Current Auto Loan Rates

Affordable Auto Loans | Central OH | BMI Federal Credit Union

Product Rate APR1 as low asPrint Auto Loans
24 Month Auto2 5.040% 5.040%
36 Month Auto3 5.140% 5.140%
48 Month Auto4 5.240% 5.240%
60 Month Auto5 5.340% 5.340%
72 Month Auto6 5.440% 5.440%
84 Month Auto7 6.040% 6.040%
Auto Loan rates effective 12:00 am on Thursday, January 1, 2026
1 APR = Annual Percentage Rate. Rates, terms, and conditions are subject to change and may vary based on creditworthiness, qualifications and collateral conditions. All loans subject to approval.
2 $20,000 vehicle loan with no down payment will have payments of $881.31 for 24 months.
3 $20,000 vehicle loan with no down payment will have payments of $603.16 for 36 months.
4 $20,000 vehicle loan with no down payment will have payments of $464.73 for 48 months.
5 $20,000 vehicle loan with no down payment will have payments of $382.20 for 60 months.
6 $20,000 vehicle loan with no down payment will have payments of $327.64 for 72 months.
7 $30,000 vehicle loan with no down payment will have payments of $441.00 for 84 months.

Current Boat/RV/ATV/Waverunner/Motorcycle Rates

Affordable Auto Loans | Central OH | BMI Federal Credit Union

Product Rate APR1 as low asPrint Boat/RV/ATV/Waverun/Motorcycle
Boat / RV 6.240% 6.240%
ATV / Waverunner 7.240% 7.240%
Motorcycle 6.240% 6.240%
Non-commercial vehicle rates effective 12:00 am on Thursday, January 1, 2026
1 APR = Annual Percentage Rate. Rates, terms, and conditions are subject to change and may vary based on creditworthiness, qualifications and collateral conditions. All loans subject to approval.

Loyalty Rewards

Reduce your rate even more with our Loyalty Rewards program, uniquely tailored to you.

Loan Payments Made Easy

Find the most convenient way for you to make a loan payment with BMI Federal Credit Union.

Choose BMI FCU for Your Vehicle Financing Needs

Considering refinancing your existing auto loan? BMI FCU could help you reduce your monthly payments or interest rate, ultimately saving you money.

Recognized as the #1 Best Credit Union for eight consecutive years, our commitment to providing exceptional service is at the heart of what we do. As your partner in auto financing, we're here to make your journey from decision to ownership as seamless as possible.

#1 Credit Union

Financing with BMI FCU's Auto and Recreational Vehicle Loans

Embark on your car ownership journey with confidence. With BMI Federal Credit Union, you're supported by competitive rates, comprehensive assistance, and the peace of mind that comes from our award-winning service. Let's start your journey, together.

Addressing Key Auto Financing Questions

  • Flexible LTV Ratios: We offer versatile financing solutions to fit your unique purchasing scenario.
  • Simplified Process for Private Sales: Benefit from our efficient approach to private sales transactions.
  • Support for Out-of-State Purchases: Our reach extends beyond Ohio, offering support for purchases made out of state.
  • Transparent Payment Schedules: Plan your finances confidently with our clear payment outlines.
  • Varied Financing Options: Discover financing that suits your budget and vehicle preferences.
  • Easily Apply: Apply, check the status of your application, and sign your documents from wherever you are.

Auto FAQ

1Sweepstakes Official Rules: No purchase necessary to enter or win. Purchase does not improve your chances of winning. To enter, raffle tickets will be awarded for an auto/vehicle loan that month, or mail a postcard with your name, address and email address to BMI Federal Credit Union, Attn: Marketing, 6165 Emerald Parkway, Dublin, OH 43016. One mail-in entry per person per month. Must be a resident of Ohio and at least 18 years or older to enter. Entries must be received by the last day of each month in 2026. Not responsible for lost, late, misdirected, incomplete, or illegible entries. Winners will be selected in a random drawing from all eligible entries received each month. Drawing will be held on or before the 10th day of following month of the qualifying period. Any entries not selected in a Drawing Period will NOT be entered in subsequent gas drawings. Winners will be notified by email/phone and a cash bonus will be deposed in their savings account within 5 business days. There will be twelve (12) $540 monthly prizes awarded. Unclaimed prizes will not be awarded. BMI FCU employees, their immediate family, and official family members are not eligible to win. Cash prize may be considered income and reported on 1099 MISC or 1099INT. Taxes are the responsibility of the winner. BMI FCU may end or amend sweepstakes at any time. Odds of winning depend on the number of eligible entries received for the drawing. Void where prohibited, taxed or restricted. Official winners list available upon written request.

#1 Best Credit Union, 8 Years in a Row!