Here’s a great way you can drive away in a new car, and drive down your taxes.
If you are an Illinois homeowner, you can finance your new vehicle at our low standard auto rates, and you may qualify for a tax deduction on the interest paid.
Like a regular auto loan, a Tax Advantage Auto Loan is secured by your auto. But it’s also secured by your home, which means your loan may be 100% tax deductible (always consult your tax advisor about the deductibility of interest). Any type of auto loan is eligible for a Tax Advantage Auto Loan, including refinanced vehicles. No home appraisal is necessary, just a minimal recording fee.
An MCU Financial Service Associate will be happy to answer any questions you may have regarding a Tax Advantage Auto Loan, and take your application. Stop by MCU or call us at 800-662-2772.

