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Loan Products > Auto Loans
An auto loan is considered to be any “vehicle” which is secured by a title. Such “vehicles” also include trailers, campers, boats, etc.
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New Vehicles
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Example: model 2002 purchased in 2002
Model 2003 purchased in 2003
(Not: leftover 2002 purchased in 2003)
90% financing @ 7.00 apr*
term . . . up to 60 months
100% financing available for qualified members
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Used Vehicles
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Amount and interest rate based on values obtained from various sources, such as N.A.D.A, Kelly Blue Book, the internet, etc.
80% financing up to 48 months @ 7% apr*
80% financing up to 60 months @ 8% apr*
100% financing available for qualified members |
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Campers, boats, and other untitled “vehicles” are secured by filing a UCC-1 and are subject to a higher interest rate, currently at 10.9% apr*.
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* Annual Precentage Rates
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- Sample:
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Payments are approximately $198.00 per month on a $10,000.00 loan at 7% for 60 months
Payments are approximately $203.00 per month on a $10,000.00 loan at 8% for 60 months
Payments are approximately $217.00 per month on a $10,000.00 loan at 10.9% for 60 months
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