Mayo Employees Federal Credit Union publishes dated vehicle loan rates on its vehicle rates page, but the page does not promise a free CARFAX or AutoCheck report. Ask what the lender checks, then verify the car and title yourself before you sign.
Read the new-auto table
The vehicle rates page checked November 5, 2026 shows new-auto rates effective 11-05-2026. As-low-as APRs list 4.39% up to 3 years, 4.49% up to 4 years, 4.49% up to 5 years, 4.59% up to 6 years and 4.99% up to 7 years for loans of $25,000 or more.
Read the used-auto tables
Used autos for model years 2019-2025 list as-low-as APRs of 4.49% up to 3 years, 4.54% up to 4 years and 4.59% up to 5 years, also effective 11-05-2026. Used autos from 2018 and older list as low as 6.79% APR for terms up to 4 years. Ask which table matches the title year.
Treat as-low-as as credit-dependent
The page states that rates are accurate as of the specified date, can change without notice, and that the actual rate depends on credit history. Get a written quote for the exact vehicle before you compare offers.
Ask precisely what the history check includes
A lender can review a title or valuation without buying the same consumer report you would buy yourself. Ask whether CARFAX, AutoCheck or another source is used, whether a copy is available to you, and who pays. The public rate page does not describe report access, so that answer stays unconfirmed until the Mayo Employees Federal Credit Union loan officer handling your application gives it. Do not attribute a dealer promise to the credit union.
Make the approval specific to the title
Ask about salvage, rebuilt, flood, manufacturer-buyback and odometer brands before committing to a vehicle. An advertised rate does not establish branded-title eligibility. Supply the VIN, model year, mileage, asking price and title status for a collateral decision. Our lien-release guide explains why a paid-off balance and an acceptable title transfer are separate steps.
Compare the financing without losing the car checks
The CFPB auto-loan resources explain how to compare financing and read disclosures, and the federal Truth in Lending disclosure rules are summarized at Cornell LII. Ask for the APR, finance charge and total of payments, including any optional products. Then compare the inspection findings with the history report. Our odometer discrepancy explainer helps when a mileage entry conflicts with the advert.
Order evidence before releasing money
Use the identifier photographed on the car rather than copying a seller message. A fake PDF can make a private sale look safer than it is. Check title and salvage data through the NMVTIS program and read what service entries can establish before interpreting missing records. Look, approval of your income cannot certify a vehicle the lender has never inspected.
We are a licensed CARFAX and AutoCheck reseller, not affiliated with CARFAX, AutoCheck or Experian. Advertised pricing has recently been about $5.50 guest, $4.50 member and $6.75 for a bundle. Confirm price, report availability and the included products at checkout. A report purchase does not reserve a loan rate, approve collateral or replace your independent inspection.
Identity and name check
Mayo Employees Federal Credit Union, also styled MEFCU, identifies itself as serving members with offices that include Minnesota and other campus-linked locations listed on its site. Mayo Employees Federal Credit Union and MEFCU do not match a lender already covered here.
Save the dated vehicle-rate page and the written approval separately; the approval controls your actual terms.
Keep the vehicle and borrower decisions together
Send the loan officer the sale price, mileage and model year, and ask which published new or used tier applies. Ask how long the approval stays valid and whether a different vehicle requires a new review. For a private sale, ask who receives the funds and how any existing lienholder is paid. A preliminary approval is usually conditional on the collateral, so keep the approval letter with the title copy and the inspection report.
Line up timing before the seller deadline
Membership, approval and funding can each take time, and a private seller may not wait. Ask how long each step usually takes and whether funds can go directly to the seller or lienholder. If the inspection or history report raises a question, keep the approval open rather than signing a purchase agreement just to hold the car.
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